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
The RSI Smoothened indicator that recently witnessed a dip has turned northward and is flashing fresh buy signals. In the week beginning April 1, close attention will be paid to the all-time high levels above 22,500, as hesitation was evident at these levels
Traders should keep stock specific action on radar, as volatility is likely to grip markets in coming week.
Nifty is now placed below its 50 and 20-day exponential moving average (EMA) which is placed at 14,626 and 14,657 respectively, indicating a bearish trend for the short term.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
In an interview to CNBC-TV18's Surabhi Upadhyay and Reema Tendulkar, SP Tulsian shared his outlook and readings on the fundamentals of the market and specific stocks.
SP Tulsian of sptulsian.com shares why he is bullish on Globus Spirit and Radico Khaitan. He also runs through key highlights of the Reliance Communications AGM and lists two drug stocks he is interested in.
Sameet Chavan of Angel Broking is of the view that one may buy Bharat Forge with a target of Rs 995.
Nooresh Merani of Asian Market Securities recommends buying Marksans Pharma and NOCIL.
SP Tulsian of sptulsian.com is of the view that Kopran may hit Rs 80 in next six months.
Vishal Jajoo of Nirmal Bang Securities is of the view that one can buy Amara Raja Batteries with a target of Rs 570 and Greaves Cotton with a target of Rs 136.
Vishal B Malkan, malkansview.com advises buying Tata Chemicals for a target price of Rs 400 and India Cements for a target price of Rs 115.
Vishal Jajoo of Nirmal Bang Securities recommends buying Amtek India with a target of Rs 101 and Wockhardt with a target of Rs 748.
Vishal Jajoo, Nirmal Bang Securities advises buying Kopran for a target price of Rs 65.50 and Jaiprakash Associates for a target price of Rs 55.75.
Vishal Jajoo of Nirmal Bang Securities recommends buying Jindal Steel & Power and Amtek India.
Paras Bothra, Ashika Stock Broking advises buying Maharashtra Seamless for a target price of Rs 450 and Wonderla Holidays for a target price of Rs 400.