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 react negatively to the 26% discounted reciprocal tariff on India announced by Donald Trump, but some buying can't be ruled out at lower levels. Below are some trading ideas for the near term.
Experts expect the Nifty to hit 21,500-22,000 points in coming months. The Nifty has formed bullish candlestick pattern with long lower shadow on the daily charts on December 5, indicating buying interest at lower levels.
G Chokkalingam, Founder & MD at Equinomics Research & Advisory is of the view that Polaris Consulting may hit Rs 220 while one can look at Nagarjuna Fertilisers with a view of 1-3 years.
In an interview to CNBC-TV18, G Chokkalingam, Founder & MD of Equinomics Research & Advisory discussed fundamentals of the market and shared outlook on his top picks.
Here are top 10 stocks to focus on April 16 - M&M, Federal Bank, Shree Renuka, Bajaj Hindusthan, Deepak Fertilisers, Mangalore Chemicals, Lupin, Future Retail, Gammon India and Eicher Motors.
Here are top 10 stocks to focus on April 15 - Glenmark Pharma, UPL, ACC, UltraTech Cement, Development Credit Bank, Ashoka Buildcon, Bajaj Auto, Mangalore Chemicals, Deepak Fertilisers and Zuari Agro.
Here are top 10 stocks to focus on March 19 - ICICI Bank, TVS Motor, BPCL, Wockhardt, Raymond, Bombay Dyeing, Oberoi Realty, Mangalore Chemicals, Deepak Fertilizers and GNFC.
Here are top 10 stocks to keep an eye on December 31 - Allahabad Bank, IGL, M&M, Maruti, Whirlpool, Blue Star, Mangalore Chemicals, Zuari Agro Chem, Patel Engineering and Wockhardt.
Here are top 10 stocks to watch on December 5 - Bosch, Shriram Transport, SAIL, Axis Bank, Mangalore Chemicals, Deepak Fertilizers, Zuari Agro, NMDC, SE Investments and KPIT Tech.
Top 10 stocks that CNBC-TV18‘s research team says should be watched today are HCL Tech, Bharti Airtel, Tata Steel, Zee Ent, Nestle, Onmobile, JK Tyre, Orchid Chemicals, Mangalore Chemicals, and Kalindee Rail.
Shahina Mukadam of Varun Capital recommends buying Tata Global Beverage with a stoploss at Rs 145 and advises selling Tata Power for a target of Rs 87.
AK Prabhakar, Independent Advisor advises buying Bata India for a target price of Rs 1065 and Sundaram Finance for a target price of Rs 650.
Lancelot D Cunha of ITI Wealth Management recommends buying Mangalore Chemicals with a target of Rs 53.50 and Sun Pharma Advanced Research Company with a target price of Rs 146.
Lancelot D Cunha of ITI Wealth Management advises buying Mangalore Chemical and Fertiliser with a target price of Rs 53.50 and Sun Pharma Advanced Research Company with a target price of Rs 146.
According to Lancelot D Cunha of ITI Wealth Management, one may buy Tata Global Beverage with a target price of Rs 168.70 and Larsen and Toubro (L&T).
Pankaj Jain of Sunteck Wealthmax Capital advises buying SAIL with a target price of Rs 61.75 and Sintex Industries with a target price of Rs 30.85.
Shahina Mukadam of Varun Capital recommends buying Mangalore Chemicals and Fertilisers with a target of Rs 66 and stop loss of Rs 57 and advises selling Adani Enterprises with a target of Rs 190 and stop loss Rs 205.
Sharmila Joshi of Peerless Securities recommends buying Berger Paints with a target price of Rs 248 and Rolta India with a target price of Rs 62.50.
Gautam Sinha Roy of Motilal Oswal Securities told CNBC-TV18 that HCL Tech will be his top pick as the earnings season starts next week.
Mayuresh Joshi, VP Institution at Angel Broking is of the view that one can buy Mangalore Chemicals and Fertilisers on declines and hold onto the stock with a 9-12 month view. “One can see an upsides of around 15-20 percent from the current levels over the next 6-9 months,†he adds.
Himanshu Nayyar, Analyst Agri Sector, Quant told CNBC-TV18 that he is is cautious on getting into Mangalore Chemicals and recommends buying Deepak Fertilisers with long term perspective.
Ambareesh Baliga, Managing Partner-Global Wealth Management, Edelweiss Financial Services is of the view that one can hold Mangalore Chemicals and Fertilisers.
SP Tulsian of sptulsian.com says he doesn't see much downside in Mangalore Chemicals and Fertilizers from current levels. "Rs 52-53 seems to be a strong level which share should hold on," he adds.
SP Tulsian of sptulsian.com says he is positive on United Spirits, but the stock will see some profit booking at Rs 2500-2550.
One may buy Mangalore Chemicals and Fertilisers with a day target of Rs 48.50 and sell Shree Renuka Sugars with a day target of Rs 14.50, says SP Tulsian of sptulsian.com.