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 Fairwealth Securities advises buying Kaveri Seed Company with a target of Rs 444.
Krish Subramanyam of Altamount Capital is of the view that one can buy JSW Energy for a target of Rs 73.
Pankaj Sharma of Equirus Securities likes JSW Energy.
In an interview of SP Tulsian of sptulsian.com with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, he shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends selling JSW Energy, Apollo Tyres and advises buying Shriram Transport.
Manoj Murlidharan of Religare Securities is of the view that one can buy Tata Global Beverage, JSW Energy and CONCOR.
Vijay Chopra of enochventure.com recommends buying Siemens with a target of Rs 1140 and DLF with a target of Rs 120.
Ashish Kyal of wavesstrategy.com is of the view that one can buy L&T Finance Holdings with a target of Rs 69 and sell JSW Energy with a target of Rs 60.
Here are a few top buzzing stocks picked up by CNBC-TV18's analysts in trade today - Lupin, Torrent Pharma, LT Foods, JSW Energy, Crompton Greaves, Page Ind and Bhushan Steel.
Ashwani Gujral of ashwanigujral.com recommends buying Mahindra & Mahindra Financial Services, JSW Energy and NBCC.
According to Ashwani Gujral of ashwanigujral.com, one can buy JSW Energy, Mahindra and Mahindra Financial Services and Container Corporation of India.
Prakash Gaba of prakashgaba.com is of the view that Adani Ports may test Rs 237 while BHEL may hit Rs 108.
Ashwani Gujral of ashwanigujral.com advises selling State Bank of India and JSW Energy.
Ashwani Gujral of ashwanigujral.com advises buying Dishman Pharma and JSW Energy.
Sharmila Joshi of sharmilajoshi.com advices buying Persistent Systems with a target of Rs 663.
Manoj Murlidharan of Religare Securities is of the view that one can buy Sun Pharma, JSW Energy and Dish TV.
Prakash Gaba of prakashgaba.com recommends shorting Canara Bank, JSW Energy and Titan Company.
Amit Harchekar of A Plus Analytics recommends buying JSW Energy and Kalyani Steel and advises shorting Tata Chemicals and Oriental Bank of Commerce.
Sudarshan Sukhani of s2analytics.com is of the view that Sun TV may continue to outperform and feels that JSW Energy may head higher.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money is of the view that JSW Energy is a good trading pick with a target of Rs 88-89.
Prakash Gaba of prakashgaba.com recommends buying Tata Motors and feels that one can pick Glenmark Pharma.
Sudarshan Sukhani of s2analytics.com advises buying Marico and JSW Energy.
Rakesh Bansal, Vice President at RK Global suggests selling Apollo Tyres and JSW Energy.
Manas Jaiswal of manasjaiswal.com advises selling Punjab National Bank with a target of Rs 113.
Inderjeet Singh Bhatia, Macquarie Capital Securities says the firm has reduced the target price by 47 percent to Rs 23 from Rs 43.