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
Sharmila Joshi of Peerless Securities recommended buying Ceat with a target price of Rs 118.5 and YES Bank with a target price of Rs 248.
One may buy KPIT Cummins Infosystems above Rs 128, place a stop loss at Rs 122 and trade bullish for a target of Rs 140 over the next seven-ten trading sessions, says Shardul Kulkarni of Angel Broking.
Shardul Kulkarni of Angel Broking is of the view that one may sell JSW Energy as the stock may head lower keeping a stop loss of Rs 40.70.
Aashish Tater, Head of Research at Fortunewizard.com one may accumulate JSW Energy from next six months perspective. “The stock will go and stabilize around Rs 62-63 levels from next one year perspective, so it is a safe stock from risk reward perspective,†he adds.
Aashish Tater, Head of Research, Fortunewizard.com asks traders to keep a one year perspective on JSW Energy. He feels the stock will stabilize at around Rs 62-63 levels. He expects Power Finance to stabilize at around Rs 155-170, given a one year time horizon.
According to Aashish Tater of Fortunewizard.com, one may buy JSW Energy for a target of close to Rs 45.90 with stop loss of Rs 43.50 and advises buying SpiceJet for a target of Rs 27.8 with a stop loss of around Rs 24.90.
Aashish Tater of Fortunewizard.com advised buying Jet Airways for a target price of Rs 416 and SpiceJet for a target price of Rs 26.15.
According to Aashish Tater of FortuneWizard.com one may go long on JSW Energy for a target of Rs 43.50 and a stop loss of Rs 42 and advises selling Reliance Communications (RComm) for a target of Rs 130 and the stop loss of around Rs 146.
Aashish Tater of FortuneWizard.com advised going long on JSW Energy with a target price of Rs 43.5 and UCO Bank with a target price of Rs 65.5.
Shahina Mukadam of Varun Capital recommends buying Mangalore Chemicals and Fertilisers with a target of Rs 66 and stop loss of Rs 57 and advises selling Adani Enterprises with a target of Rs 190 and stop loss Rs 205.
Sharmila Joshi of Peerless Securities recommends buying Berger Paints with a target price of Rs 248 and Rolta India with a target price of Rs 62.50.
Brokerages recommend trading calls on oil and gas stocks after the government hiked gas pricing to USD 8.4/unit.
Sudarshan Sukhani of s2analytics.com advised selling JSW Energy on rally.
Pankaj Jain of Sunteck Wealthmax holds a negative view on JSW Energy, PTC Limited, Karnataka Bank and IVRCL. He advises going short on these stocks.
SP Tulsian of sptulsian.com advised buying Adani Power with a target price of Rs 55 and Mahindra Satyam with a target price of Rs 116.
Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Hemant Thukral of Aditya Birla Money recommended top picks for the day.
On CNBC-TV18's show Super Six, market gurus Vishal Kshatriya, Edelweiss, Manas Jaiswal, manasjaiswal.com and Shardul Kulkarni, Angel Broking place their bets on two stocks each, thus offering investors a variety of options to choose from. Investors can read into the detailed analysis before agreeing to any or all the bets.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, Fortunewizard.com shares trading strategy of the day.
Bull's Eye, CNBC-TV18's 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.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater of fortunewizard.com shares trading strategy of the day.
Bull's Eye, CNBC-TV18's 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.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Hemant Thukral of Aditya Birla Money give top pick for the day.
One can short JSW Energy with a stop loss of Rs 62 for the target price of Rs 56, says Sahil Kapoor, Edelinvest Research.
More downside in JSW Energy, says Sudarshan Sukhani of s2analytics.com.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Peerless Securities shares trading strategy of the day.