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
Rangebound trading is expected to continue in the upcoming sessions. Below are some short-term trading ideas to consider.
The long-awaited package is expected to boost the textile sector as it will not only promote high-value MMF fabrics and garments, and encourage industry to add more capacities going ahead with focus on organised players, but also create huge employment in coming quarters.
Vishal Malkan of malkansview.com is of the view that one may sell Tata Chemicals with a target of Rs 610.
Prakash Gaba of prakashgaba.com is of the view that one can buy Gokaldas Exports while he feels that Advanced Enzyme may hit Rs 2000.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his view on textile, auto stocks. He also spoke on the NBFC and the jewellery space.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market.
Stocks expected to gain are Sundram Fast, J&K Bank, Adani Ports, Aptech, PFC, Jubilant Life, Natco Pharma, Nitesh Estates, Globus Spirits and Emco, while stocks expected to be under pressure are Lupin, United Bank, Uco Bank, IOB, JK Tyre, Concor, Patel Integrated, Anuh Pharma, Gokaldas Exports, Kennametal, Indag Rubber, Huhtamaki PPL.
SP Tulsian of sptulsian.com is of the view that one may book profits in Gokaldas Exports.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18, gave his views on various stocks.
SP Tulsian of sptulsian.com talks about the fundamentals of companies like Tata Motors, SBI, PVR, Bombay Dyeing and Reliance Communication.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today.
Jay Thakkar of Sharekhan recommends buying Bharat Electronics with a target of Rs 1223 and Tata Elxsi with a target of Rs 2091.
Vishal Malkan of malkansview.com is of the view that one may buy Reliance Communications with a target of Rs 59.
SP Tulsian of sptulsian.com has a positive view on Gokaldas Exports and feels that one can hold the stock with a view of one year.
SP Tulsian of sptulsian.com is of the view that Gokaldas Exports may test Rs 85.
CNBC-TV18 jots down multibagger stocks with the help of market gurus SP Tulsian, Ashish Chugh and Basant Maheshwari.
Here are top 10 stocks to focus on April 6 - Idea Cellular, Aban Offshore, IGL, Reliance Infra, Tata Power, Sun Pharma, Coal India, TVS Motor, Hero Moto and Tata Motors.
Gokaldas Exports can add Rs 8-10, says SP Tulsian, sptulsian.com.