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 and consolidative in the upcoming sessions. Below are some short-term trading ideas to consider.
On daily and weekly charts, Skipper has formed double bottom formation. Post short term correction, the stock took the support near Rs 55 and bounced back sharply.
"Traders can accumulate the stock in a range of Rs 135-140 levels for the upside target of Rs 154 and a stop loss below Rs 124," says Shitij Gandhi of SMC Global Securities Ltd.
If Nifty manages to move above the 10500 mark, then we can further see short covering towards 10650 levels as well.
Gaurang Shah of Geojit BNP Paribas is of the view that one may buy Ashok Leyland.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finance, Man Industries and GNFC.
Ashwani Gujral of ashwanigujral.com recommends buying Pidilite Industries, Jet Airways and Man Industries.
Ashish Kyal of wavesstrategy.com is of the view that one may exit Man Industries on rallies.
Deven Choksey of KRChoksey Investment Managers likes Man Industries and feels that one can hold Bajaj Finaserv.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy IDFC with a target of Rs 56.
Here are top 10 stocks to focus on July 17 - Idea Cellular, Tata Chemicals, Tata Motors, Mindtree, Man Industries, Delta Corp, Lupin, TV Today, ENIL and the Bank Nifty and the CNX PSU Bank Index.
Pankaj Jain of Sunteck Wealthmax recommends going long in Manappuram Finance with a target price of Rs 39.75 and Titagarh Wagons with a target price of Rs 354.
Pankaj Jain of Sunteck Wealthmax advises buying SpiceJet with a target price of Rs 17.65 and Man Industries with a target price of Rs 87.50.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur, Investshoppe shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Nishu Agarwal of BMA Wealth Creators is of the view that one should hold Man Industries.
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.
Downside seen in Man Industries, says SP Tulsian, Investment Advisor.