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 Gabaof prakashgaba.com recommends going long in Pidilite Industries and advises shorting GAIL India and feels that Axis Bank looks weak.
Sudarshan Sukhani of s2analytics.com is of the view that Reliance Industries, NTPC and GAIL India are intraday opportunities on the long side.
Rakesh Bansal of RK Global suggests buying Gail India with a target of Rs 387.
Sudarshan Sukhani of s2analytics.com recommends buying GAIL India and advises selling ICICI Bank and Mahindra & Mahindra.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities is of the view that one can buy GAIL India for a target of Rs 380.
Prakash Gaba of prakashgaba.com recommends shorting Hero Motocorp and feels that PNB can test Rs 100.
Hemen Kapadia of KR Choksey Securities is of the view that one may buy Adani Port with a target of Rs 273.
Simi Bhaumik of simibhaumik.com is of the view that one may buy Gail India.
Sudarshan Sukhani of s2analytics.com advises buying Ajanta Pharma and suggests selling Tech Mahindra.
Vishal Malkan of malkansview.com suggests buying Century Textiles with a target of Rs 620.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Reliance Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy GAIL, NTPC and Reliance Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can trade NTPC and GAIL India on the long side.
Sudarshan Sukhani of s2analytics.com is of the view that one can go long in GAIL India.
Sameet Chavan of Angel Broking is of the view that one may buy Dewan Housing Finance Corporation (DHFL) with a target of Rs 235.
Mayuresh Joshi of Angel Broking is of the view that one may look at Gail, Petronet, IOC and BPCL.
Sudarshan Sukhani of s2analytics.com is of the view that one can go long in Gail India on dips.
Rahul Mohindar of viratechindia.com is of the view that Gail India may move to Rs 365.
Gaurav Bissa of LKP Securities advises buying Gail India with a target of Rs 320.
According to Sudarshan Sukhani of s2analytics.com, one may buy Gail India.
Sameet Chavan of Angel Broking recommends selling GAIL India for a target of Rs 312.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Petronet LNG.
Sudarshan Sukhani of s2analytics.com recommends buying Bank of Baroda, GAIL India and Century Textiles and Industries.
Manas Jaiswal of manasjaiswal.com advises buying Gail India with a target of Rs 325.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Bharti Infratel, Punj Lloyd, Gail, Astec Life, Godrej, Escorts, Tech Mahindra, TCS, Infosys and Wipro.