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
Ashu Madan- President - Core Client Group, Religare Securities Ltd is of the view that Jindal Steel & Power has strong support at Rs 320.
One can buy Jindal Steel & Power for the target of Rs 364 and stop loss of Rs 330, says Siddharth Bhamre, Angel Broking.
One can sell Jindal Steel & Power (JSPL), says Sudarshan Sukhani of s2analytics.com.
Hemant Thukral, national head-derivative desk of Aditya Birla Money sees a target of Rs 372-375 on JSPL due to a major pull back in next three sessions.
On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Vishal Kshatriya, Edelweiss and Vikrant Jadeja, vibranttrades.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Vishal Kshatriya, Edelweiss give top pick for the day.
Short Jindal Steel & Power, says Sudarshan Sukhani of s2analytics.com.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Amit Trivedi of Fin Stream Financial Advisors give top pick for the day.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, manasjaiswal.com, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, vibranttrades.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Jindal Steel and Power (JSPL) may slip below Rs 300, says Sudarshan Sukhani of s2analytics.com.
See weakness in Jindal Steel & Power (JSPL) and Tata Steel, says SP Tulsian, sptulsian.com.
Sudarshan Sukhani, s2analytics.com advises traders to sell metal stocks on every rally.
VK Sharma of HDFC Securities recommended buying Tata Steel 380 put with a stop loss at around Rs 4.
Monal Desai of Sunidhi Securities is of the view that one can buy JSPL with a target of Rs 394.
On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Shardul Kulkarni, Sr Technical Analyst, Angel Broking and Arunesh Madan, Augment Investment, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Avoid Jindal Steel & Power, says Sudarshan Sukhani of s2analytics.com.
Tarang Bhanushali of IIFL recommended buying Tata Steel, JSPL and NMDC in an interview to CNBC-Tv18. He is overweight on Tata Steel post the results and says, “JSPL‘s steel business has also done quite good and we find value in itâ€. For NMDC he gives a target price of Rs 182.
SP Tulsian, sptulsian.com is negative on Jindal Steel, Steel Authority, JSW Steel and Tata Steel.
On CNBC-TV18's show Super Six, market gurus Vikrant Jadeja, vibranttrades.com, Rajeev Agarwal, dynamixresearch.in and Manas Jaiswal, manasjaiswal.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com, Sudarshan Sukhani of s2analytics.com and Amit Trivedi give top pick for the day.
JSPL resumes its down trend, says Sudarshan Sukhani, s2analytics.com.
Buy Zee Entertainment Enterprises on dips, says Sudarshan Sukhani of s2analytics.com.
Jitender Kumar of SBICap Securities is bullish on Jindal Steel and Power, Bank of Baroda and Punjab National Bank.
Jindal Steel and Power (JSPL) is a buy for the short-term momentum trader because steel stocks have done something very nice, they have made bullish patterns and broken out of it, says Sudarshan Sukhani of s2analytics.com.
SAIL, Tata Steel and Jindal Steel are top picks in metal space, says Sudarshan Sukhani of s2analytics.com.