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
Manas Jaiswal of manasjaiswal.com suggests to go short on Jaiprakash Associates and UCO Bank.
Sharmila Joshi, Head of Equity of Peerless Securities advises to exit Jaiprakash Associates closer to Rs 60-62.
Jagannadham Thununguntla, Strategist & Head of Research, SMC Global Securities says Jaiprakash Associates is not a very good stock to hold on.
SP Tulsian of sptulsian.com is positive on PSU banks and real estate stocks. He advises to go long on State Bank of India, Bank of India, Dena Bank, DLF and Indiabulls Real Estate.
SP Tulsian of sptulsian.com advised buying Jaiprakash Associates with a target of 64.50 and Jindal Steel with a target of Rs 242.
JK Jain, derivative analyst at Karvy Stock Broking feels Jaiprakash Associates could head towards less strong support of Rs 55-56 levels in the next couple of weeks.
SP Tulsian of sptulsian.com advised selling JSW Steel with a target price of Rs 702 and selling Jaiprakash Associates with a target price of Rs 62.
SP Tulsian of sptulsian.com advised going short on Bharti Airtel, Jaiprakash Associates and Tata Steel. “These stocks are looking quite vulnerable,†he added.
SP Tulsian of sptulsian.com recommended going short on Jaiprakash Associates and United Phosphorous next week.
Sudarshan Sukhani of s2analytics.com expects a fall in Jaiprakash Associates and Sesa Goa.
SP Tulsian of sptulsian.com advises investors to be short on companies that have huge foreign debt owing to the depreciating rupee. He asks them to watch out for key announcements next week.
Jaiprakash Associates is a best bet for a high risk trader, says Jitendra Panda of Capital First Securities.
JP Associates has strong support around Rs 64, says Siddharth Bhamre of Angel Broking.
According to Sudarshan Sukhani of s2analytics.com Jaiprakash Associates has lost all its ground and its charts suggest it is no longer in a bull market, so one should avoid it completely.
Sudarshan Sukhani of s2analytics.com advises to avoid JP Associate and Ranbaxy at current levels. One can sell JP Associate on rally.
JK Jain of Karvy Stock Broking feels the selling pressure will continue in Reliance Power and Jaiprakash Associates. According to him, one can buildup short positions.
Shardul Kulkarni of Angel Broking advises traders to exit from Jaiprakash Associates around Rs 73-74.
Siddharth Bhamre of Angel Broking says one should fix a small stop loss somewhere around Rs 66 in Jaiprakash Associates and go long.
Sudarshan Sukhani of s2analytics.com advises to sell Jaiprakash Associates and DLF at current levels.
Jaiprakash Associates can test Rs 100-110, says Parag Doctor of Keynote Capital. He advices to the investors who are stuck in these kind of stocks to put a stoploss of 10-20 percent on their investments.
One can sell Jaiprakash Associates on small rally, says Sudarshan Sukhani of s2analytics.com.
Manas Jaiswal of manasjaiswal.com is bullish on DLF & Bharat Heavy Electricals (BHEL). He has recommended buying these stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Jaiprakash Associates.
SP Tulsian of sptulsian.com is of the view that Jaiprakash Associates can go upto Rs 84-85.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Jaiprakash Associates. "Investors and position traders should hold onto it. The charts are building a base and breaking out", he adds.