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
Prakash Diwan of Altamount Capital Management advises to go long in Rallis India with a target of Rs 147.50 and the stop loss of Rs 139.50.
Aashish Tater of Fortunewizard.com advised going long on JM Financial with a target price of Rs 29 and going short on HDIL with a target price of Rs 39.5.
According to SP Tulsian of sptulsian.com one can look to enter Essar Oil somewhere around Rs 76. “Whenever market feels that things are very good, results are good, one can go long on the counter,†he added.
According to SP Tulsian of sptulsian.com when Essar Oil corrects to Rs 76-78, one can take an entry in the stock from a short-term point of view.
In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal of Swadeshi Credits shares his trading strategies for 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.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Peerless Securities 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.
SP Tulsian, sptulsian.com advises to buy DLF or Essar Oil. Essar Oil has target of Rs 83.
Parag Doctor, Head - Trading Strategies, Keynote Capital's is of the view that Essar Oil has strong support at Rs 65-70.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited is of the view that one can hold Essar Oil with a target of Rs 95-100.
One can buy Essar Oil, says Sudarshan Sukhani of s2analytics.com.
SP Tulsian of sptulsian.com advises traders to buy Essar Oil at current levels.
Sudarshan Sukhani, s2analytics.com is upbeat on Essar Oil.
SP Tulsian, sptulsian.com is of the view that one can exit Essar Oil at Rs 90.
Sudarshan Sukhani of s2analytics.com recommended buying Essar Oil. According to him, the decline in the stock is probably over.
Essar Oil may slip to Rs 80-82 in the near term but not beyond that, says SP Tulsian, sptulsian.com.
Buy Essar Oil, says Sudarshan Sukhani of s2analytics.com.
In CNBC-TV18's popular show Bull's Eye, Parag Doctor of Keynote Capital shares trading strategy of the day.
In CNBC-TV18's popular show Bull's Eye, Pankaj Jain of Sunteck Wealthmax 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.
Buy Essar Oil, says Sudarshan Sukhani of s2analytics.com. Three days ago it broke out from a trading range and yesterday it built on those gains. The trend is up, the results are good, market has liked it and probably more momentum is possible today.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day.
SP Tulsian of sptulsian.com told CNBC-TV18 that he is bullish on the Spicejet and Qatar Airway due to the Jet-Etihad deal which will be quite positive for the stock. Further Tulsian does not expect Reliance to post better numbers than Q2 and the upstream is going to be a disappointment.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day.