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
According to experts, 18,450-18,500 is likely to be a crucial area for further upside. If the said zone sustains, then new highs are possible in the coming days, with support at 18,300, followed by 18,000 levels
Rajesh Agarwal of AUM Capital recommends selling Wipro with stop loss at Rs 315 and target of Rs 300 and Interglobe Aviation with stop loss at Rs 847 and target of Rs 780.
Jay Thakkar of Anand Rathi Securities advises buying Redington with a target of Rs 205.
Sameet Chavan of Angel Broking recommends buying KEC International with a stoploss at Rs 328 and target of Rs 369 and Kohinoor Foods with a stoploss at Rs 75.40 and target of Rs 85.50.
Ashwani Gujral of ashwanigujral.com has a buy on Praj Industries with a stop loss of Rs 110, target of Rs 123, a buy on Radico Khaitan with a stop loss of Rs 284, target of Rs 302 and a buy on Balkrishna Industries with a stop loss of Rs 2150, target of Rs 2300.
Sameet Chavan of Angel Broking is of the view that one may sell Godrej Industries with a target of Rs 542.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Shriram Transport Finance.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy BEL, IndusInd Bank, Delta Corp and Den Networks and sell Tata Power.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views on the fundamentals of the market and specific stocks.
According to Prakash Gaba of prakashgaba.com, Den Networks looks good with target of Rs 88 while Larsen & Toubro may test Rs 1500.
Ashwani Gujral of ashwanigujral.com suggests buying DCB Bank, Axis Bank and Den Networks.
Sandeep Wagle of powermywealth.com is of the view that one can buy Cadila Healthcare and DEN Networks and advises selling Godrej Industries.
SP Tulsian of sptulsian.com is of the view that Den Networks may test Rs 140 in next six months.
Rajat Bose of rajatkbose.com is of the view that one may exit Den Networks.
Jay Thakkar of Sharekhan suggests buying Welspun India with a target of Rs 990.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Bharat Forge, Britannia, MTNL, Lupin, Jubilant Foodworks, United Breweries, Tech Mahindra, Den Networks & KEC International.
Here are top 10 stocks to focus on March 12 - HCL Technologies, Voltas, Crompton Greaves, ICICI Bank, HDFC Bank, Jindal Stainless, Den Networks, Bank of India, Bharti Airtel and Reliance Communications.
Here are top 10 stocks to keep an eye on February 16 - Union Bank, BPCL, ONGC, Oil India, Hindalco, Suzlon, Sun Pharma, SBI, Bhushan Steel and Eicher Motor. Our research team is also tracking a host of other earnings reactions like Essar Shipping, Den Networks, Prime Focus, KSK Energy, Tilaknagar Industries, Dredging Corp, GMR Infra and JK Cement.
Shahina Mukadam of Varun Capital is of the view that one can buy Titan Company for a target price of Rs 387 and NRB Bearings for a target price of Rs 143.
Manav Chopra, Nirmal Bang advises buying Bharat Forge for a target price of Rs 870 and Adani Power for a target price of Rs 54.
According to Shahina Mukadam of Varun Capital, one may buy Kalpataru Power Transmission with a day target of Rs 163 and Den Networks with a stoploss of Rs 176.
Shahina Mukadam, Varun Capital advises buying Kalpataru Power for a target price of Rs 163 and Den Networks for a target price of Rs 186.
According to CNBC-TV18's research team following are the stocks that should be on ones radar - HDFC, ITC, Infosys, Mphasis, Tata Motors, Bank Nifty, Maruti Suzuki, IRB, Den Networks and JK Tyre
Kunal Bothra of LKP recommends buying Den Networks with a target of Rs 169 and suggets buying Arvind.
Vishal Malkan of malkansview.com advises buying Apollo Tyres for a target price of Rs 78 and Divis Labs for a target price of Rs 1125.