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
Sudarshan Sukhani of technicaltrends.com share his view on Hexaware and Cummins India.
On CNBC-TV18's new show Super Six, market gurus Rajesh Jain, EVP Retail Research of Religare Sec, Aditya Agarwal, Sr Derivative Analyst of Way2Wealth Securities and Hemen Kapadia, CEO of chartpundit.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
SP Tulsian, sptulsian.com is of the view that investors can buy fertilizer stocks from 6 months perspective.
Cummins India can test Rs 750, says SP Tulsian of sptulsian.com.
Cummins India has target of Rs 686, says Prakash Diwan of Asit C Mehta Investment Intermediates.
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. Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.
Cummins a good pick from capital good space, says Rajesh Jain, Independent Market Strategist.
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.
Buy Cummins India, says Rajesh Jain, Independent Market Strategist.
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.
Buy Cummins, says Rajesh Jain, Independent Market Strategist.
We should see some good action in Cummins India over a period of time, says Ganesh Shanbhag, CEO, SMS Financial Services.