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
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his readings and outlook on market and specific stocks.
Sumeet Jain of Destimoney Securities is of the view that one may buy Gujrat Gas with a target of Rs 878.
Sudarshan Sukhani of s2analytics.com
From Vedanta, Eicher Motors to power and NBFCs, analysts are tracking these stocks and sectors on Wednesday
Chandan Taparia of Motilal Oswal Securities recommends buying Lupin, Bata India and LIC Housing Finance.
According to Ashwani Gujral of ashwanigujral.com, one can buy LIC Housing Finance, Manappuram Finance and Infosys.
Sandeep Wagle of powermywealth.com suggests buying LIC Housing Finance and Reliance Capital and sell PC Jeweller.
Sandeep Wagle of powermywealth.com suggests buying LIC Housing Finance and Reliance Capital and sell PC Jeweller.
Vijay Chopra of enochventures.com is of the view that one may prefer Sintex Industries, LIC Housing and Oriental Bank of Commerce.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
The index made a high of 9,158 on Thursday; however, it is placed near the upper-end of the current Gann channel i.e. 9160 which warrant some caution.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy LIC Housing Finance, Kotak Mahindra Bank and IRB Infra and sell Infosys.
According to Mitessh Thakkar of miteshthacker.com, one can buy Bata India and LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com suggests buying Asian Paints and LIC Housing Finance and prefers Voltas.
According to Yogesh Mehta of Motilal Oswal, one may short ACC and advises buying LIC Housing Finance and Kaveri Seed Company.
According to Yogesh Mehta of Motilal Oswal, one may short ACC and advises buying LIC Housing Finance and Kaveri Seed Company.
Sandeep Wagle of powermywealth.com recommends buying Kotak Mahindra Bank and Colgate Palmolive and advises selling NMDC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy LIC Housing Finance and Exide Industries and sell Ambuja Cements.
Mitessh Thakkar of miteshthacker.com suggests buying Cadila Healthcare with a minimum target of Rs 460.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance and LIC Housing Finance and sell Arvind.
Bank of America Merrill Lynch says new Range Rover launch will strengthen product pipeline of JLR. With that volume outlook strengthened but launch cost is likely to recur, it feels.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Infosys and buy LIC Housing Finance and Jubilant Foodworks.
Sandeep Wagle of powermywealth.com recommends buying Power Grid, LIC Housing Finance and Tata Steel.