Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
More upside is seen in PNB, BOB, Canara Bank and SBI, says Sudarshan Sukhani, s2analytics.com.
Canara Bank, BOB and PNB are looking good, says Sudarshan Sukhani, s2analytics.com.
Sudarshan Sukhani, s2analytics.com is of the view that one should avoid ITC and Hindustan Unilever. “I would buy Hindalco Industries and Canara Bank,†he adds.
Sudarshan Sukhani, s2analytics.com is of the view that NTPC can touch Rs 175. Stocks like Hindalco Industries, Tata Steel, Bank of Baroda and Canara Bank are looks good.
VK Sharma, HDFC Securities is of the view that one can buy Canara Bank 550 Call at around Rs 12.
Sudarshan Sukhani of s2analytics.com is of the view that Canara Bank can touch Rs 505-504. There is a breakout that happened on Friday and that breakout should see a lot of follow-through today.
On CNBC-TV18's show Super Six, market gurus Rajeev Agarwal of dynamixresearch.in, Manas Jaiswal of manasjaiswal.com and Vishal Malkan of malkansview.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Abhishek Agarwal of Fortune Interfinance believes long-term investor can look at current levels to buy Nitesh Estates to gain substantial returns going forward in the real estate sector.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Union Bank, Canara Bank and PNB are looking good at current levels, says Sudarshan Sukhani, s2analytics.com.
Buy Canara Bank 480 call at around Rs 15 keeping a stop loss of Rs 10 and sell it at Rs 25, says VK Sharma, HDFC Securities.
Phani Sekhar, Angel Broking is of the view that one can prefer Canara Bank, State Bank of India to Central Bank.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Arunesh Madan of Founder and Director of Augment Investment Pvt ltd and Rajesh Jain of EVP Retail Research, Religare Sec , place their bets on two stocks each, thus offering investors a variety of options to choose from.
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy of the day.
Canara Bank may dip to Rs 390-395, says Amit Gupta, ICICI Direct.
Short PSU banks, says Hemant Thukral, National Head-Derivative Desk, Aditya Birla Money.
SP Tulsian of sptulsian.com recommends investors to book their profits in Tata Coffee after the shares surged today. The stock hit Rs 1,557.70 on NSE. The stock has been on a run, up 33 percent, since it announced second quarter results on Oct 22.
The 'muhurat' trading session will be conducted for 75 minutes tomorrow (Diwali day), both on the NSE and BSE. Moneycontrol.com got Vivek K. Negi, VP research of Wellindia Group to answer the stock queries you sent us on our Facebook page as part of KYI (Know Your Investment).
Vijay Mallya will lose the controlling stake in United Spirits (USL) as Diageo Group has acquired a 53.4% state in the comapny for USD 2 billion. SP Tulsian of sptulsian.com in an interview to CNBC-TV18 recommends investors to hold on to United Breweries' stocks as he expects the stock to reach Rs 2,000
On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni of Angel Broking, Rajesh Jain of Religare Securities and Manas Jaiswal of manasjaiswal.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Reliance Capital and Purvankara posted their results today. While Reliance Capital made a profit of over Rs 400 crore including the sale of 26 percent of its asset management company, Purvankara Projects‘ consolidated net profit jumped 89.4 percent to Rs 50.2 crore from Rs 26.5 crore in a year ago period.
Dena Bank is a good long term bet, says PN Vijay, Portfolio Manager, askpnvijay.com.
SP Tulsian of sptulsian.com is not very satisfied with the performance of the aluminium segment of Hindalco. According to him, its copper division has done better and the overall performance of NALCO, Sterlite and the consolidated operations of BALCO has been poor, resulting in a poor aluminium segment performance.
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.