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
BSE Sensex and Nifty50 have rallied nearly 12 percent each since the week ended June 12. Both the indices have surged more than 48 percent each from their March 23 low
Experts feel that economic activity is likely to remain muted and investors will be better off with companies that are likely to benefit the most from the corporate tax cut.
"Till Nifty holds 10,350 levels decisively, bounce back from lower levels cannot be ruled out and on higher end stiff hurdle seen around 10,490 mark," says Rajesh Agarwal of AUM Capital.
Moneycontrol attempts to identify stocks that wise investors should use to duck and weave through this particular storm.
The company continues to leverage on its fundamental strengths optimally, as evident from the numbers in the quarter gone by.
Kunal Saraogi of Equityrush is of the view that one may buy Indraprastha Gas with a target of Rs 1140.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Just Dial, NMDC and Wockhardt and can buy Aditya Birla Nuvo and HDFC.
Prakash Gaba of prakashgaba.com is of the view that Edelweiss Financial Services looks good and likes Himatsingka Seide.
Ashwani Gujral of ashwanigujral.com recommends buying Union Bank of India, Punjab National Bank, IFB Industries, BEML and Himatsingka Seide.
According to Ashwani Gujral of ashwanigujral.com, one can buy Himatsingka Seide, IIFL Holdings and Siemens.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Canara Bank and Tata Motors DVR and buy Himatsingka Seide and Dr Reddy's Labs.
Ruchit Jain of Angel Broking advises sslling Mcleod Russel with a target of Rs 156.
Ashwani Gujral of ashwanigujral.com recommends buying Himatsingka Seide and Ramco Cement.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Aurobindo Pharma, State Bank of India and Himatsingka Seide.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma, Lupin and Dr Reddy's Laboratories on declines.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell UPL and Mahindra & Mahindra and buy Himatsingka Seide.
Ambareesh Baliga, Independent Market Expert is of the view that one can buy Hero Moto and advises holding Infosys with a long term view.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Himatsingka Seide, Maruti Suzuki and Amara Raja Batteries.
Jay Thakkar of Sharekhan recommends buying Manappuram Finance with a target of Rs 42.50 and Mahindra & Mahindra with a target of Rs 1381.
Manish Sharma of derivativetradingresearch.com is of the view that one may buy Axis Bank with a target of Rs 425.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have – DCB Bank, Bharti Airtel, Everest Industry, Cyient & Himatsingka Seide.
Ashish Kyal of wavesstrategy recommends buying Himatsingka Seide with a target of Rs 246.
CK Narayan of Growth Avenues recommends buying Himatsingka Seide, dabur India and Container Corporation of India.
CK Narayan of Growth Avenues is of the view that one may look at KEI Industries, Himatsingka Seide and Tamil Nadu Newsprint and Papers.