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 market is expected to remain rangebound with a positive bias in the upcoming sessions. Below are some trading ideas for the near term.
Crucial support for the Nifty50 is expected to remain at 18,800, the low of the last week, as beyond this point, it may slide down to 18,600-18,500. On the higher side, the immediate hurdle will be at 19,200-19,300, followed by 19,500
Considering the momentum in key sectors, if the Nifty50 decisively surpasses 19,500, then 19,650 is expected to be the crucial area for sharp up-move, while the critical support remains at 19,300-19,250, experts said
Reliance Securities has maintained its positive stance on UltraTech Cement and Shree Cement in the largecap space
The immediate resistance on the upside is placed in the range of 11,200-11,250, and a sustained trade above 11,250 can take it to levels of 11,390.
Sameet Chavan of Angel Broking is of the view that one may sell OBC with a target of Rs 110.
According to Vijay Chopra of enochventures.com, one may stay invested in Mangalam Cement.
Most analysts expect crude oil prices to remain rangebound with upside capped at around USD 55 barrel and unlikely to fall below USD 40 to conclude that it is in a bear territory.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market and also gave recommendations on various stocks.
Sudip Bandopadhyay, Market Expert is of the view that JK Lakshmi Cement, Mangalam Cement and Sagar Cement are good buys with a view of more than six months.
Sudip Bandopadhyay, Market Expert recommends buying cement stocks.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks for the day and talked about the public sector undertaking (PSU) banking space.
SP Tulsian of sptulsian.com has a positive view on cement space including Sagar Cements on the back on operating leverage of the company.
Sudip Bandopadhyay, Market Expert recommends buying JK Lakshmi Cement and Mangalam Cement.
Sudip Bandopadhyay, Market Expert likes Mangalam Cement, Mindtree and Persistent Systems.
According to Jai Bala of 1857 Advisors, Bajaj Auto and Mangalam Cement are my top picks in the auto and cement sector respectively.
Jai Bala of 1857 Advisors has a positive view on pharma stocks and has HUL as the top pick.
According to Sudip Bandyopadhyay of Destimoney Securities, one may prefer midcap cement stocks.
Sudip Bandopadhyay of Destimoney Securities is of the view that one may prefer midcap stocks like Mangalam Cement, Mahindra CIE and Ramkrishna Forgings.
Daljeet Singh Kohli, head of research at India Nivesh Securites recommends buying Mangalam Cement and feels that one may look at Kajaria Ceramics.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Mangalam Cement and JK Lakshmi Cement on declines.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have NIIT Tech, SKS Microfinance, Dabur, Mangalam Cement, Ashapura Intimates, Future Retail DVR, Pantaloons Fashion and SPARC.
Here's a list of top 7 stocks in news on the back of big deals, quarterly earnings.
According to Mayuresh Joshi of Angel Broking, one may prefer Mangalam Cement.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Axis Bank, TCS, Infosys and JK Lakshmi Cement.