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
Mitesh Thacker of miteshthacker.com suggests buying Cummins India and NBCC and advises selling Glenmark Pharma.
SP Tulsian of sptulsian.com, talks about why he is bullish on Hindustan Zinc and other non-ferrous metal stocks. He also gives his views on the non-banking financial companies (NBFC).
Ashish Kyal of Waves Strategy Advisors is of the view that one can buy Vedanta with a target of Rs 258 and Engineers India with a target of Rs 326.
Ashish Kyal of Waves Strategy Advisors advises buying MMTC with a target of Rs 60.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Copper, Adani Transmission and Siemens and sell IRB Infra and Havells India.
Sameet Chavan of Angel Broking is of the view that one may buy Titan Company with a target of Rs 332.
Ashwani Gujral of ashwanigujral.com advises buying Hindustan Copper, MMTC and Berger Paints.
Jay Thakkar of Sharekhan advises buying Ceat with a target of Rs 1341.
Here are top 10 stocks to keep an eye on February 6 - Unitech, GMR Infra, Tata Motors, UCO Bank, PTC India Limited, Ceat,Hindustan Copper Ltd, Jubilant Foodworks, Sarda Energy, Godfrey Phillips, Mercator, AIA Engineering, Ramco Industries Ltd, Bharti Airtel & Cipla.
According to Sahil Kapoor of Edelweiss Financial Services, one can buy Hindustan Copper closer to Rs 71.50.
SP Tulsian of sptulsian.com does not see much downside in Hindustan Copper. He expects the floor price for offer for sale more than Rs 65-66 per share.
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management is of the view that one can exit Hindustan Copper at Rs 90.
One can see more upside in Hindustan Copper, says Sudarshan Sukhani of s2analytics.com.
Aashish Tater of FortuneWizard.com is bullish on STC India, MMTC, Hindustan Copper and Electrosteel Castings and has recommended buy rating on the stocks.
Sudarshan Sukhani, s2analytics.com is of the view that avoid MMTC, Hindustan Copper, STC India.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com said that he is keeping a positive stance on January series with target of 6150 on Nifty.
Sudarshan Sukhani, s2analytics.com is of the view that one should exit Mphasis, Hindustan Copper.
Sudarshan Sukhani, s2analytics.com is of the view that one should exit Hindustan Copper. “I would be a buyer in Cipla. Any correction in Cipla is a buying opportunity,†he adds.
Shares of Hindustan Copper slumped by as much as 18 per cent in early trade on bourses after the government set the floor price for its offer for sale at a steep discount to the current market price.
PN Vijay, Portfolio Manager, askpnvijay.com, says that companies like Cipla and Ranbaxy would be largely affected by the pricing policy because they have large presence in domestic life saving drugs space and to some extent affect will be seen on Lupin.
SP Tulsian of sptulsian.com, says that the limit of nine cylinders is extended in Delhi and it is likely to get extended in other part of the country as well. He thinks that the government has taken a practical stand of increasing the limit to nine cylinders.
In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal, Swadeshi Credits shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
SP Tulsian of sptulsian.com expects funds to flow from pharmaceutical, IT and FMCG to banking and metal stocks today.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur of Investshoppe shares trading strategy of the day.