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
For the week, Nifty has strong support at 10,725-10,675 levels and resistance at 10,890-10,940 levels.
A fall below the 11,500 mark in Nifty futures may lead to some correction up to 11,400 levels on the back of further selling pressure.
Traders can accumulate the stock in a range of Rs 830-840 for the target of Rs 922 and a stop loss below Rs 775, says Shitij Gandhi of SMC Global Securities.
Rajesh Agarwal of AUM Capital recommends buying CESC with stop loss at Rs 998 and target of Rs 1035, Kajaria Ceramics with stop loss at Rs 467 and target of Rs 482 and Wipro with stop loss at Rs 300 and target of Rs 320.
Ashwani Gujral of ashwanigujral.com has a buy on Gujarat Alkalies with a stop loss of Rs 775, target of Rs 800, a buy on Gujarat Fluorochemicals with a stop loss of Rs 920, target of Rs 960 and a buy on GSFC with a stop loss of Rs 156, target of Rs 170.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Future Consumer, Tata Chemicals and Raymond.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy PTC India, Torrent Power and Gujarat Fluorochemicals and can sell Sun TV Network.
Ashwani Gujral of ashwanigujral.com recommends buying Gujarat Fluorochemicals, IndusInd Bank and Adani Enterprises.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Gujarat Fluorochemicals and Prestige Estates and advises selling Bank of Baroda and ONGC.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Prestige Estates and Gujarat Fluorochemicals.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy PTC India, CRISIL, Gujarat Fluorochemicals and Britannia Industries and sell IndusInd Bank.
Ashwani Gujral of ashwanigujral.com suggests buying United Spirits, Gujarat Fluorochemicals and Maruti Suzuki.
Ashwani Gujral of ashwanigujral.com suggests buying Motherson Sumi Systems, Indiabulls Housing Finance and Gujarat Fluorochemicals.
According to Ashish Kyal of Waves Strategy Advisors, one may buy Gujarat Fluorochemicals with a target of Rs 765.
Ashwani Gujral of ashwanigujral.com recommends buying Gujarat Fluorochemicals, Sun TV Network and Rural Electrification Corporation.
According to Ashwani Gujral of ashwanigujral.com, one can sell JSPL and buy M&M Financial Services, Federal Bank, Biocon and Gujarat Fluorochemicals.
Ashish Kyal of Waves Strategy Advisors advises buying Century Textiles with a target of Rs 1040.
Ashwani Gujral of ashwanigujral.com recommends buying Gujarat Fluorochemicals, Motilal Oswal, Jindal Saw and Asian Paints.
Watch the interview of Prakash Diwan, Market Expert at Altamount Capital Management with Latha Venkatesh, Anuj Singhal & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
SP Tulsian of sptulsian.com, explains why he is bullish on Dish TV. He also talks about some energy and sugar stocks.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com listed his stock picks and market outlook.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his view on auto stocks, what concerns him about Gujarat Flouro's business and whether Yes Bank will have to revise its QIP pricing to attract more investors and make it a success.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18 shares his views on refrigerants companies, transformer makers and media reports on mergers in the PSU oil space.
Here are top 10 stocks to focus on April 9 – HPCL, Arvind, Bank Nifty, Max India, Gujarat Fluoro, SAIL, Coal India, IDFC, Bharat Forge and ABG Shipyard.
Here are top 10 stocks to keep an eye on March 23 - ICICI Bank, Infosys, JSPL, Usha Martin, CNX PSU Bank Index, Bank of India, PNB, Gujarat Fluoro, Tata Motors and Glenmark Pharma.