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
For the coming week, Bonanza Portfolio recommends traders to use buy on dip strategy. Any dip near 9,530 level will be a good buying opportunity for the short-term and for existing position.
The whole world might be worried about IT and pharma amid regulatory hurdles as well as rising rupee but fundamentally they remain a strong play, Sheth told CNBC-TV18.
Rajat Bose of rajatkbose.com is of the view that one can sell Canara Bank and buy Jamna Auto.
Parag Thakkar of HDFC Securities is of the view that one can buy Kotak Mahindra Bank and Maruti Suzuki.
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 shares his rationale behind being bullish on midcap steel stocks like Sarda Energy, Prakash Industries, Sunflag Iron etc. However, he does like JSW Steel from largecap space.
Parag Thakkar of HDFC Securities is cautious on tyre stocks.
Mehraboon Irani of Nirmal Bang Securities prefers Eicher Motors from the auto space for investment.
Parag Thakkar of HDFC Securities is of the view that one may look at auto ancillary space.
Dilip Bhat of Prabhudas Lilladher likes Hexaware Technologies and SpiceJet.
Prakash Diwan of prakashdiwan.in is of the view that one may prefer Maruti Suzuki, Reliance Industries and Jamna Auto.
Parag Thakkar of HDFC Securities is of the view that Jamna Auto is the top pick from the auto space and likes Sadbhav Engineering and KNR Constructions.
Rajat Bose of rajatkbose.com expects Ashok Leyland to hit Rs 94-95.50.
Parag Thakkar of HDFC Securities is of the view that one may look at Jamna Auto Industries and Indraprastha Gas.
Sahil Kapoor of Edelweiss Broking is of the view that one may see 30-35 percent upside in Jamna Auto Industries.
Kunal Bothra of LKP Securities is of the view that one can accumulate Shipping Corporation of India on dips and feels that Jamna Auto Industries may test Rs 140.
CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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.