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
GSPL, Cipla and Bharti Airtel, among others, are being tracked by investors on Wednesday.
The earning season is almost over and the next big trigger will come in the form of RBI's policy announcement.
Ashwani Gujral of ashwanigujral.com recommends buying Voltas, Hindustan Unilever, DCB Bank, India Cements and GSPL.
Overall data has turned slightly negative and more weakness can be seen. The next support is placed around 9,000 levels. We advise traders to stay cautious in the current expiry.
Traders should keep a close eye on mentioned key levels and it’s advisable to look for stock specific moves in order to fetch higher returns in the forthcoming week.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Nomura maintains buy call on HDFC Bank with target increased to Rs 1520 from Rs 1325 per share. It says the bank may deliver a 20 percent loan CAGR over FY16-19, adding specific SME sub-sectors may continue to see marginally elevated slippages. It says asset quality situation is very manageable.
Manish Sharma of Destimoney Securities recommends buying Hindalco Industries with a target of Rs 90 and Dewan Housing Finance with a target of Rs 190.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - PTC India Finance, MRPL, Vardhman Polytex, Divis Labs, GSPL, Ratnamani Metal, Marksans, Munjal Auto, SMS Pharma & Shakti Pumps.
Rahul Mohindar of viratechindia.com is of the view that one can buy Gujarat State Petronet Limited with a target of Rs 160-170. "One may see DHFL rise by 8-10 percent and touch Rs 470 in the near term.
Here are top stocks to focus on March 26 - HDFC, L&T, Bajaj Auto, Bharti Airtel, Idea Cellular, SBI, IDFC, GSPL, Torrent Power, GMR Infra and PFC as well as REC.
ONGC would be the biggest benefactor from the natural gas price hike decision taken by the Cabinet Committee on Economic Affairs (CCEA) on Thursday, said Rohit Ahuja of ICICI Securities. He saw the company's EPS to surge by more than 21 percent.
Aashish Tater is bullish on Bank of India and GSPL. He sees these stocks giving good returns in the short to medium term
SP Tulsian of sptulsian.com gives his stock ideas for the coming week.
It was a volatile day on the Dalal Street as the markets turned around in late trade. Indices closed flat after a weak start. The Nifty closed just shy of 5,900 and the Sensex ended at 19,468.
SP Tulsian of sptulsian.com has picked up two regional construction companies — Vijay Shanthi Builders and Ganesh Housing Corporation as his multibaggers for the day.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, Fort Share Broking shares trading strategy of the day.
In CNBC-TV18's popular show Bull's Eye, Parag Doctor, Keynote Capital shares trading strategy of the day.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.
In CNBC-TV18's popular show Bull's Eye, Parag Doctor, Keynote Capital shares trading strategy of the day.
GSPL has support at Rs 97, says Nooresh Merani of AMSEC Research.
Vijay Bhambwani of bsplindia.com advises to exit GSPL.
Hold GSPL with a target of Rs 102, says Keval Bhanushali of Keynote Capital
Gopinath Natarajan, EVP, IIFL PReMIA view on oil & gas space