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
Manali Bhatia of Rudra Shares & Stock Brokers said overall technical setup and options data suggests Nifty is likely to swing in 10,960-10,650 range before any fresh directional move
Rajesh Agarwal of AUM Capital recommends buying Hindustan Oil Exploration with stop loss at Rs 140 and target of Rs 149, Marksans Pharma with stop loss at Rs 31 and target of Rs 37 and Liberty Shoes with stop loss at Rs 206 and target of Rs 233.
Relaxo Footwear gave a share price return of over 7400% over the last 10 years. Check out the performance of the other three listed footwear companies.
Ruchit Jain of Angel Broking suggests buying Exide Industries with a target of Rs 234.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today.
Sandeep Wagle of powermywealth.com recommends buying Biocon, HPCL and Liberty Shoes and advises selling TVS Motor.
Pritesh Mehta of IIFL recommends buying Liberty Shoes for a target of Rs 280.
According to Sameet Chavan of Angel Broking, one may remain invested in Liberty Shoes.
Pritesh Mehta of IIFL recommends buying Liberty Shoes with a target of Rs 345.
Krish Subramanium of Asit C Mehta Investment recommends buying Delta Corp for a target of Rs 127 and Mahindra & Mahindra Financial Services for a target of Rs 292.
Krish Subramanium of Asit C Mehta Investment advises buying Liberty Shoes for a target price of Rs 159 and Helios and Matheson for a target price of Rs 127.50.
According to Krish Subramanium of Asit C Mehta, one may buy Tata Elxsi for a target of Rs 255 and advises selling Oriental Bank of Commerce (OBC) for a target price of Rs 170.50.
Nooresh Merani of AMSEC Research advises buying Dabur India for a target price of Rs 166 and Tata Chemicals for a target price of Rs 290.
SP Tulsian, sptulsian.com is of the view that Liberty Shoes can move to Rs 140. They have over 12 brands in their bouquet. They are the top five makers of the leather footwear in the world making about 50,000 pairs per day.
Moneycontrol brings to you some of the recommendations given by experts that will help you cash in on the many opportunities available.
Long-term investor can accumulate Liberty Shoes in Rs 95-100 range, says Ashish Chugh, Author of Hidden Gems.
Hold Liberty Shoes, says Investment Advisor Ashish Chugh.
Aashish Tater, Fort Share Broking is of the view that Liberty Shoes has medium term target of Rs 122.
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