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
Ruchit Jain of Angel Broking is of the view that one may Reliance Infra with a target of Rs 560.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today. We have IDBI, Granules, BPCL, HPCL, IOC, Axis Bank, Coal India, Tata Power, NTPC, Glenmark Pharma, Britannia and Vakrangee.
Goldman Sachs says that the Rs 3230 crore additional sales from price hike is lower than what will be needed to offset effect of five yearly wage negotiations due in FY17.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Motors, Coal India and Apollo Hospitals.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindalco Industries, Axis Bank and UPL and feels that SBI may hit Rs 230.
Jay Thakkar of Sharekhan is of the view that one may buy TVS Motor with a target of Rs 313.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints and SKS Microfinance and sell Coal India and Apollo Tyres.
Sandeep Wagle of powermywealth.com is of the view that one may exit Coal India at around Rs 285-290.
Rajat Bose of rajatkbose.com recommends selling BPCL, Coal India and Dr Reddy's Labs.
Ashwani Gujral of ashwanigujral.com recommends selling Coal India and YES Bank and advises buying Aurobindo Pharma.
Sandeep Wagle of powermywealth.com recommends buying Indiabulls Real Estate and YES Bank and advises selling NMDC and Coal India.
VK Sharma of HDFC Securities is of the view that one can buy Maruti Suzuki 3750 Put and Coal India 280 Put.
Yogesh Mehta of Motilal Oswal Securities is of the view that one can go long in Coal India for target of Rs 300 and buy HCL Tech at around Rs 780-800.
JK Jain of Karvy Stock Broking is of the view that Coal India may test Rs 315 while NCC may rise to Rs 4.50.
Sandeep Wagle, Founder & CEO at powermywealth.com is of the view that one may buy Coal India above Rs 300.
Jay Thakkar of Sharekhan is of the view that one mau sell TVS Motor with a target of Rs 319.
Krish Subramanyam of Altamount Capital is of the view that one can buy Coal India 280 Call and 280 Put.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can go long in SBI 190 Put.
According to Vijay Chopra of enochventures.com, one may buy Coal India at around Rs 270.
Prakash Gaba of prakashgaba.com advises exiting Coal India.
Shahina Mukadam, Independent Market Expert suggests selling Coal India.
Sandeep Wagle of powermywealth.com is of the view that one may avoid Coal India.
Sandeep Wagle of powermywealth.com has a bullish stance on sugar sector.
Sandeep Wagle, Founder & CEO of powermywealth.com recommends buying Havells India, SKS Microfinance, Kotak Mahindra Bank and BHEL and feels that Coal India is a conditional buy.
Hemen Kapadia of KRChoksey Securities is of the view that one may hold Coal India.