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
Ashish Kejriwal - Vice President-Research at Elara Securities recommends buying Coal India on dips.
The metals space has seen some amount of resistance on the upside after seeing a strong downside for the entire year. The metal space has picked up 8 percent odd on a week-to-date basis. Ashish Kejriwal, vice-president, research, at Elara Securities, gave his views on Vedanta, Tata Steel and Coal India.
Ambareesh Baliga, Independent Market Expert recommends buying Coal India at these levels.
VK Sharma of HDFC Securities recommends buying Coal India 310 Put.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Coal India.
Sudarshan Sukhani of s2analytics.com feels that Coal India may slip below Rs 300.
Aditya Agarwal of Way2Wealth Securities is of the view that one may sell ICICI Bank with a target of Rs 265.
Aditya Agarwal of Way2Wealth Securities recommends going long in Coal India for a target of Rs 365.
Siddarth Bhamre of Angel Broking recommends going long in Coal India for a target of Rs 360.
Meghana V Malkan of malkansview.com advises buying Glenmark Pharma with a target of Rs 1085.
According to Sudarshan Sukhani of s2analytics.com, Coal India is looking weak.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may sell Strides Arcolab with a target of Rs 1088.
According to IIFL, dramatic fall in Indian equities recently, triggered by global sellâ€off, offers a significant buying opportunity for investors. The best part is that one needn‘t go hunting for small gems as many blueâ€chips are trading at attractive longâ€term valuations.
Meghana Malkan of malkansview.com advises buying Maruti Suzuki India with a target of Rs 4300.
Hemen Kapadia of KRChoksey Securities is of the view that one may buy Axis Bank with a target of Rs 510.
Gaurang Shah of Geojit BNP Paribas Financial Services feels that Coal India may test Rs 510.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Coal India.
Hemant Thukral of Aditya Birla Money is of the view that Coal India has to retest the strong support band Rs 390-395 and feels that traders can make money on the short side on the stock.
Rahul Mohindar of viratechindia.com is of the view that one may prefer Coal India at around Rs 400.
Chandan Taparia of Anand Rathi Securities is of the view that one can buy Coal India 450 Call.
Amit Gupta of ICICIdirect recommends buying Coal India 440 Call.
Sudarshan Sukhani of s2analytics.com recommends selling GAIL India and feels that Reliance Industries should be part of the portfolio.
Sudarshan Sukhani of s2analytics.com recommends buying Coal India.
CNBC-TV18‘s Ekta Batra lists out stocks that you should focus on PSU banks, ICICI Bank, Larsen and Toubro (L&T), Hero MotoCorp, Bajaj Auto, Maruti Suzuki and Coal India.
CK Narayan of Growth Avenues is of the view that one may look at Coal India.