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
Essar Ports is a volatile counter, where we have seen the stock rally from a level of Rs 95 to test a high of Rs 130 about a week back. After this we have seen a decent correction and this recent correction is on the second level of correction which is very healthy for a stock, says Kiran Jadhav of Precision Investment Services.
Sharmila Joshi of sharmilajoshi.com advises selling Federal Bank with a target of Rs 55.5.
Gaurav Bissa of LKP Securities is of the view that above Rs 115, Essar Ports may move to Rs 130-135.
Amit Harchekar of A Plus Analytics recommends buying Essar Ports with a target of Rs 138-140 in 3-4 trading sessions.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian of 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.
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 negative on Essar Shipping, Essar Oil and Essar Port.
Essar Ports may slip to Rs 57-58, says Devangshu Datta, Consulting Editor of Outlook.
SP Tulsian of sptulsian.com feels that one should avoid Essar Ports.
SP Tulsian, sptulsian.com is positive on Essar Ports
Essar Ports has target of Rs 65, says Madhumita Ghosh of UNICON
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.
Rajesh Agarwal of Eastern Financiers advised buying Essar Ports.
See 50% rise in Essar Shipping in the six month time, says SP Tulsian, sptulsian.com.