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
Hemant Thukral of Aditya Birla Money is of the view that Engineers India is a good pick as it may test Rs 238.
Experts such as Porinju Veliyath, MD & Portfolio Manager, Equity Intelligence India, SP Tulsian of sptulsian.com, market expert Ambareesh Baliga and Prakash Diwan of prakashdiwan.in have already picked 16 midcap and smallcap multibaggers for calendar year 2016
CNBC-TV18's research teams gets the list of those 10 stocks which are likely to remain in today's trading zone
Prakash Gaba of prakashgaba.com likes Engineers India Limited and feels that the stock can climb to Rs 228.
Vishal Malkan of malkansview.com advises buying Marico, UPL, NIIT and Engineers India.
Shahina Mukadam, Independent Market Expert advises buying Dabur India with a target of Rs 274.
Anish Damania, CEO of IDFC Securities is of the view that Engineers India may outperform.
From the bluechip space Dipen Shah of Kotak PCG likes Infosys, ICICI Bank and from the midcaps he likes PNC Infratech, EIL, All Cargo Logistics, Century Plyboard and Supreme Industries.
Hemen Kapadia of KR Choksey Securities recommends selling UPL, Motherson Sumi Systems and Engineers India.
Jay Thakkar of Sharekhan advises buying Colgate Palmolive with a target of Rs 1986.
Jay Thakkar of Sharekhan advises selling Infosys with a target of Rs 1041.
Ambareesh Baliga, Independent Market Expert recommends buying Engineers India.
Ambareesh Baliga, Independent Market Expert is of the view that one can buy Reliance Industries, Larsen and Toubro, Engineers India and Tata Motors at these levels.
Manav Chopra of Networth Stock Broking advises selling PTC India with a target of Rs 60.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may consider State Bank of India and Kotak Mahindra Bank as investment ideas.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have – Ceat, MRF, Apollo Tyres, JSW Steel, Engineers India & Sun TV.
Hemant Thukral of Aditya Birla Money is of the view that Engineers India will retest Rs 255-256.
Dharmesh Kant of India Nivesh Securities is of the view that one may buy Sintex Industries with a target of Rs 124.
Nooresh Merani of Analyse India recommends buying Coal India and Engineers India.
Kunal Bothra of LKP Securities recommends buying Engineers India and Tata Motors DVR.
According to Manas Jaiswal of manasjaiswal.com, one may buy Hindustan Oil Exploration Company (HOEC) with a target of Rs 43.50.
Kunal Bothra of LKP Securities recommends buying Snowman Logistics and Engineers India.
Gaurav Ratnaparkhi of Sharekhan is of the view that one can buy Adani Power with a target of Rs 32 and IFCI with a target of Rs 28.80.
Ambareesh Baliga, Independent Market Expert recommends buying Engineers India on dips.
Gaurav Bissa of LKP Securities recommends going long in Engineers India for a target of Rs 244.