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
Rakesh Bansal of RK Global advises buying Dhampur Sugar with a target of Rs 142.
Mitesh Thacker of miteshthacker.com recommends buying ITC and Jain Irrigation Systems.
Prakash Gaba of prakashgaba.com is of the view that Ashok Leyland may test Rs 102 while Sun Pharma may hit Rs 805 and Jain Irrigation may head to Rs 80.
Sandeep Wagle of powermywealth.com is of the view that one can sell Zee Entertainment and Bosch and buy Biocon and Jain Irrigation Systems.
I won‘t be surprised to see pharma as the story for July series and won‘t be surprised in seeing a big upsurge in all big pharma, said SP Tulsian.
Ashwani Gujral of ashwanigujral.com recommends selling NTPC and Housing Development and Infrastructure and advises buying Jain Irrigation Systems.
Sudarshan Sukhani of s2analytics.com is of the view that one can avoid Tata Motors and Tata Motors DVR on the back of Brexit referendum while one can buy Jain Irrigation Systems.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Emami and Jain Irrigation Systems.
Digesh Shah of Veracity Fin advises buying Bajaj Auto with a target of Rs 2690.
Sandeep Wagle of powermywealth.com recommends buying Ashok Leyland and Welspun India and advises selling Jain Irrigation Systems.
Ashwani Gujral of ashwanigujral.com recommends buying JSW Steel, UPL, Aurobindo Pharma and advises selling Jain Irrigation Systems.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today.
Rajat Bose of rajatkbose.com is of the view that one may buy United Spirits and Havells India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Dr Reddy's Laboratories at around Rs 2700-2750.
Ashwani Gujral of ashwanigujral.com recommends buying UPL, Gujarat Narmada Valley Fertilizers & Chemicals and Dr Reddy's Labs.
Ashwani Gujral of ashwanigujral.com recommends buying CCL Products, Jain Irrigation, CESC, Karnataka Bank and Jindal Poly Films.
Sandeep Wagle of powermywealth.com is of the view that one can buy Karnataka Bank, GAIL India and Jain Irrigation Systems.
Ashwani Gujral of ashwanigujral.com recommends buying HPCL, Karnataka Bank and Jain Irrigation Systems.
Gaurav Bissa of LKP Securities is of the view that one can buy Ceat with a target of Rs 1225 and sell Hero Motocorp with a target of Rs 2840.
Ashwani Gujral of ashwanigujral.com recommends buying Manappuram Finance for a target of Rs 48.
Manas Jaiswal of manasjaiswal.com is of the view that one may buy Granules India with a target of Rs 135.
Ashwani Gujral of ashwanigujral.com recommends buying Jain Irrigation Systems, midcap pharma, Reliance Capital and Reliance Infrastructure.
Ashwani Gujral of ashwanigujral.com recommends buying Jain Irrigation Systems, Wockhardt and Reliance Industries.
Manoj Murlidharan of Religare Securities recommends buying TV18 Broadcast, Jain Irrigation and Bank of Baroda and advises shorting CESC.
According to Vijay Chopra of enochventures.com, one may hold Jain Irrigation Systems.