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
Kunal Saraogi of Equityrush is of the view that one may buy Indraprastha Gas with a target of Rs 1140.
CLSA sees EPS risk of 7-13 percent for these companies from GST and discount on digital payment.
Savvy investor Porinju Veliyath’s recent pick is one such construction company - Raunaq EPC International. The investor has recently bought 35000 shares recently at Rs 143.26 a share.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Power and can sell Indian Oil Corporation and Kajaria Ceramics.
Watch the interview of SP Tulsian of sptulsian.com Management with Surabhi Upadhyay, Anuj Singhal, and Reema Tendulkar on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Indian Oil Corporation and Cummins India and buy UPL, Siemens and Sun TV.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian ofsptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
In at interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on the fundamentals of the market and specific stocks.
Rajat Bose of rajatkbose.com suggests selling Bharat Petroleum Corporation and Indian Oil Corporation.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Aurobindo Pharma and Johnson Controls -Hitachi Air Conditioning India.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Indian Oil Corporation, Ceat and Vedanta.
According to Manoj Murlidharan of Religare Securities, one can buy IndusInd Bank, Hero MotoCorp, Indian Oil Corporation and IDBI Bank.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9580-9540 and resistance at 9660-9713 while Bank Nifty has support at 23100 and resistance at 23500.
The company reported 6.8 percent quarter-on-quarter (QoQ) fall in the net profit to Rs 3,720 crore for the quarter ended March 31 on Thursday which was slightly below CNBC-TV18 poll of Rs3,796 crore.
Cipla, Indian Oil, and Britannia, among others are on the radar of analysts today.
According to Ashwani Gujral of ashwanigujral.com, one can buy Indian Oil Corporation, Bajaj Electricals and GSFC.
Mitessh Thakkar of miteshthacker.com recommends selling Indian Oil Corporation, ONGC and Sun Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying Motilal Oswal, Reliance Capital, Indian Oil Corporation and Godrej Industries.
Ashwani Gujral of ashwanigujral.com suggests buying Capital First, Indian Oil Corporation and Gayatri Projects.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bank of Baroda, Reliance Infrastructure and Dabur India.
In an interview to CNBC-TV18, Yogesh Radke of Edelweiss Securities shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
VK Sharma, Head of Business, Private Client Group at HDFC Securities is of the view that one can buy Indian Oil Corporation 440 Call and sell 450 Call.
Ashish Kyal of Waves Strategy Advisors advises buying Indian Oil Corporation with a target of Rs 456.
Sandeep Wagle of powermywealth.com is of the view that one can buy Indian Oil Corporation and sell Coal India.