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, Prakash Diwan, Market Expert at Altamount Capital Management shared his readings and outlook on market and specific stocks.
The market now looks under-owned says SP Tulsian of sptulsian.com in an interview to CNBC-TV18. There will be some profit booking but remain prepared to see a level of 8,500 on the Nifty for the December series, he adds.
Ashwani Gujral of ashwanigujral.com suggests buying Mahindra & Mahindra Financial Services and L&T Finance Holdings.
Ashwani Gujral of ashwanigujral.com advises buying Tech Mahindra, Mahindra & Mahindra Financial Services and Havells India.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Aditya Birla Nuvo.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on specific stocks.
After demonetisation, lot of borrowers, especially smaller ones, have been finding it difficult to pay their dues or instalments on time. Hence, in a relief to them, the Reserve Bank of India on Monday relaxed norms, saying it has been decided to provide an additional 60 days to lenders to convert standards assets into substandard assets.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindalco Industries and Natco Pharma and sell M&MFinancial Services, Tata Elxsi and UltraTech Cement.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market.
According to Ashwani Gujral of ashwanigujral.com, one can sell M&M Financial Services, Asian Paints and Centurt Ply and buy HPCL and Natco Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell M&M Financial Services and Idea Cellular and buy West Coast Paper.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell ACC, M&M Financial Services and Havells India.
Kunal Saraogi of Equityrush is of the view that one may buy Federal Bank with a target of Rs 84.
Mitesh Thacker of miteshthacker.com is of the view that one can sell ACC and Infosys and buy M&M Financial.
According to Ashwani Gujral of ashwanigujral.com, one can buy Reliance Capital, Canara Bank, Bharat Forge, M&M Financial and Ajanta Pharma.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Amara Raja Batteries with target above Rs 835.
Sudarshan Sukhani of s2analytics.com recommends buying Infosys and JSW Steel.
Prakash Gaba of prakashgaba.com feels that Indiabulls Housing Finance may test Rs 950.
Ashwani Gujral of ashwanigujral.com suggests buying Asian Paints, Escorts and Mahindra & Mahindra Financial Services.
Mitesh Thacker of miteshthacker.com is of the view that one may sell ITC and Coal India.
Ashwani Gujral of ashwanigujral.com advises buying Mahindra and Mahindra Financial Services and suggests selling Axis Bank and Dewan Housing Finance Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bharti Infratel, Mahindra & Mahindra Financial Services, Nahar Spinning and Capital First.
Prakash Gaba of prakashgaba.com is of the view that M&M Financial Services can climb to Rs 360 while Capital First may test Rs 750.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Just Dial and McLeod Russel.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Zee Entertainment and UPL and feels that M&M Financial may make life-time new highs soon.