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
Here are top 10 stocks to focus on January 13 - Cairn India, Jet Airways, Apollo Tyres, Ceat, Crompton Greaves, Bank Nifty, Hindalco, CMC, Clariant Chemicals and Spicejet. We are also watching Dr Reddy's, Sun Pharma, Ipca Labs, Lupin, Cipla, ACC and Ultratech.
According to SP Tulsian of sptulsian.com, CMC may hit Rs 1750.
Dipan Mehta, Member at BSE & NSE advises to prefer IT and pharma stocks on decline with a long term view.
Krish Subramanium of Asit C Mehta Investment recommends buying Godrej Industries for a target of Rs 286 and Helios and Matheson Information Technology for a target of Rs 126.
Manav Chopra of Nirmal Bang advises buying Idea Cellular for a target price of Rs 169 and Gujarat State Petronet for a target price of Rs 61.
Dipan Mehta, Member of BSE & NSE advises to prefer midcap IT stocks over largecap IT stocks.
Kunj Bansal, ED & CIO at Centrum Wealth Management advises to prefer CMC from midcap IT space.
Jigar Shah of Kim Eng Sec prefers CMC, Hexaware Technologies, KPIT Technologies and Tech Mahindra from midcap IT space.
Dipan Mehta, Member of BSE & NSE is of the view that one may prefer IT and pharma stocks.
SP Tulsian of sptulsian.com expects that CMC can touch Rs 1480-1500 in next two-three days.
One may go with CMC as the midcaps have lesser valuation, says Jagdish Malkani, Member of NSE/ BSE.
SP Tulsian is bullish on CMC. He sees this stock posting good returns ahead
Dipan Mehta is overweight on IT sector with rupee depreciating. Among the pharma stocks, he likes Sun Pharma, Dr Reddy's, Wockhardt and Cadila.
According to Ashu Madan, President of Core Client Group at Religare Securities, Rs 1200-Rs 1250 would be a better level to buy CMC.
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.
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.
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.
SP Tulsian, sptulsian.com is positive on CMC as they have posted excellent numbers this quarter.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com 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.
CMC has target of Rs 2450, says Gaurang Shah, Geojit Financial Services.
CMC may go up to Rs 3000 in the next 12 months, says PN Vijay, Portfolio Manager.
Buy CMC, says Jigar Shah, Sr VP and HOR, Kimeng Sec India.