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
Ashwani Gujral of ashwanigujral.com recommends buying Century Plyboards, Arvind and Vedanta.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Power, GSFC and Indiabulls Housing Finance and can sell Biocon.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Vijay Chopra of enochventures.com advises buying Indraprastha Gas with a target of Rs 570.
Manas Jaiswal of manasjaiswal.com advises selling Punjab National Bank with a target of Rs 113.
Here are top 10 stocks to keep an eye on February 16 - Union Bank, BPCL, ONGC, Oil India, Hindalco, Suzlon, Sun Pharma, SBI, Bhushan Steel and Eicher Motor. Our research team is also tracking a host of other earnings reactions like Essar Shipping, Den Networks, Prime Focus, KSK Energy, Tilaknagar Industries, Dredging Corp, GMR Infra and JK Cement.
Larsen and Toubro, Adani Enterprises, Ranbaxy, L&T Finance. NBFCs like IDFC, Power Finance Corporation (PFC). Also REC, UCO Bank ahead of numbers today, Amara Raja, Radico Khaitan after Rakesh Jhunjhunwala bought stake yesterday, KSK Energy Venture and Elpro International.
Bhavin Shah, CEO at Equirus Securities feels that KSK Energy Ventures may go upto Rs 100 within next 12 months.
IT giant Infosys will kick start the third quarter earnings season this week. According to Shah, key factors to keep an eye on would be the impact of slew of top management exits on the company‘s revenue growth and its ability to bring it back to industry standards. However, he prefers TCS over Infosys.
In CNBC-TV18's popular show Bull's Eye, Lancelot D Cunha of ITI Wealth Management 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.
Exit from Jindal Steel & Power around Rs 470- 475, says SP Tulsian, sptulsian.com.