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
Here are top 10 stocks to focus on January 2 – Indian Oil Corporation (IOC), Jindal Steel, Petronet LNG, IRB Infra, Sadbhav Engineering, TVS Motor, CNX PSU Bank Index, Corporation Bank, SRF limited and Kalpataru Power.
Phani Sekhar of Angel Broking is of the view that one may stay away from metal space.
Vishal Malkan of malkansview.com advises buying Mahindra & Mahindra Financial Services and selling Jindal Steel & Power.
Phani Sekhar, Fund Manager-PMS at Angel Broking is of the view that one may avoid Jindal Steel & Power.
According to Dipan Mehta, Member at BSE & NSE, long term investors should avoid metal sector.
Sudarshan Sukhani of s2analytics.com is of the view that one may stay away from metal stocks.
According to Sudarshan Sukhani of s2analytics.com, one may hold Jindal Steel & Power.
Murtuza Arsiwalla, Senior Analyst at Kotak Institutional Equities has reduced rating on Jindal Steel & Power with a target price of Rs 160.
Murtuza Arsiwalla, senior analyst, Kotak Institutional Equities has a buy on CESC.
According to Kunal Saraogi of Equityrush, one may go long in Jindal Steel & Power above Rs 155.
According to Dipan Mehta, Member at BSE & NSE, one may stay invested in Jindal Steel & Power with a long term view.
Ajay Srivastava, CEO at Dimensions Consulting is of the view that one may stay away from metal space.
Sudarshan Sukhani of s2analytics.com recommends selling Jindal Steel & Power Limited and Just Dial on rally.
Kunal Saraogi, CEO at Equityrush is of the view that one may hold Jindal Steel & Power.
Among midcaps, Prakash Diwan is bullish on ITD Cementation, NCC and Everest Industries.
Here are top 10 stocks to keep an eye on November 20 - Axis Bank, Wockhardt, DLF, Ranbaxy, Alok Industries, Kotak Mahindra Bank, ING Vysya, Hindalco, Jindal Steel and Pennar Industries.
Yogesh Mehta, Associate Vice President- PCG Advisory-Equities at Motilal Oswal recommends buying Siemens and JSPL.
Shares of Cairn fell 4.94 percent on Wednesday and have been down around 15 percent on year-to-date (YTD) basis.
Phani Sekhar, Fund Manager-PMS at Angel Broking is of the view that one may exit Jindal Steel & Power.
Kunal Saraogi, CEO at Equityrush suggests exiting Jindal Steel & Power at around Rs 190.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Jindal Steel & Power with a short term view.
Here are top 10 stocks to watch on November 5 - JSPL, Thermax, Aban, IOB, Greaves Cotton, Guj Pipavav, Peninsula Land, Hitachi Home, Wockhardt and Torrent Power.
Rahul Shah of Motilal Oswal is of the view that one may prefer Jindal Steel & Power, Sesa Sterlite and Tata Steel.
Kunal Saraogi of Equityrush advises buying LIC Housing Finance with a target of Rs 370 and Reliance Power with a target of Rs 82.
Mayuresh Joshi of Angel Broking is of the view that one may avoid DLF and Jindal Steel & Power.