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
anas Jaiswal of manasjaiswal.com advises buying Dish TV with a target of Rs 105.
Rahul Mohindar of viratechindia.com suggests buying Jindal Steel & Power.
As per the MoU signed between the two, wagons will be procured by railways on behalf of Coal India for exclusive use in the evacuation of coal traffic from the mines of Coal India.
Krish Subramanyam of Altamount Capital recommends buying JSPL.
Gaurav Bissa of LKP Securities recommends holding Jindal Steel & Power.
Chandan Taparia of Anand Rathi Securities recommends buying TCS 2350 Call and sell 2450 Call.
SP Tulsian of sptulsian.com is of the view that one can look at Amtek Auto with a target of Rs 62-63 in next six months.
Hemant Thukral of Aditya Birla Money is of the view that one can pick BPCL as the stock can retest Rs 965-970.
Manish Sharma of Derivative Trading Research advises buying Voltas with a target of Rs 295.
Manish Sharma of Derivative Trading Research recommends selling Ceat with a target of Rs 970 and Amara Raja with a target of Rs 840.
CK Narayan, MD of Growth Avenues advises going long in Just Dial and Adani Port.
The Competition Commission of India (CCI) on Thursday gave a clean chit to Jindal Steel & Power (JSPL) on allegations of cartelisation saying it hasn't found enough evidence to support the same.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - UPL, Rallis India, Glenmark Pharmaceutical, Torrent Pharmaceutical, Suven Life Sciences, Jindal Steel and Power Limited (JSPL), Uttam Galva, Bhushan Steel, Shree Pushkar Chemicals & Fertilisers & Pennar Engineered Building Systems.
Hemen Kapadia of KRChoksey Securities is of the view that one may sell Jindal Steel & Power on rallies and prefers Axis Bank or IDFC.
Dharmesh Kant of India Nivesh Securities is of the view that one may buy LIC Housing Finance with a target of Rs 490.
Siddarth Bhamre, Head Equity Derivatives at Angel Broking recommends going long in Jindal Steel & Power as the stock may bounce back to Rs 79-80.
Sudarshan Sukhani of s2analytics.com recommends buying Bharat Petroleum Corporation and Rural Electrification Corporation and advises selling Jindal Steel & Power.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have – DLF, Glenmark Pharma, India Bull Hsg, JSPL, Sun Pharma, Canara Bank, Bank Of India, Union Bank, Bank Of Baroda & NTPC.
Manas Jaiswal of manasjaiswal.com advises selling Jindal Steel & Power and Reliance Communications.
Sudarshan Sukhani of s2analytics.com recommends exiting Jindal Steel & Power and advises buying SBI, Infosys, TCS and Maruti.
Meghana V Malkan of malkansview.com is of the view that one may buy Indian Oil Corporation (IOC) with a target of Rs 450.
According to Dharmesh Kant of India Nivesh Securities, one may buy Gateway Distriparks with a target of Rs 390.
Meghana V Malkan of malkansview.com is of the view that one may avoid Jindal Steel & Power.
Kunal Bothra of LKP suggets buying ICICI Bank with a target of Rs 350.
Dipan Mehta - Member at BSE & NSE is of the view that one may prefer JSPL with a view of 3-4 years.