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
Ashish Kapur of Investshoppe advises buying Zee Entertainment Enterprises for a target price of Rs 295 and Jaiprakash Associates for a target price of Rs 54.
According to Nooresh Merani of Analyse India, one may buy Mcleod Russel (India) with a target of Rs 320 and advises selling Aurobindo Pharma with a target of Rs 285.
Nooresh Merani of Analyse India advises buying Mcleod Russel for a target price of Rs 320 and Bata India for a target price of Rs 1,080.
According to Sudarshan Sukhani of s2analytics.com, one may buy Mcleod Russel (India).
Abhishek Karande of SBI Cap Securities is of the view that Mcleod Russel (India) may test Rs 335-340 if it manages to cross Rs 300.
According to Nooresh Mirani of AMSEC, Mcleod Russel (India) may touch Rs 330-350 in the short term.
Abhijit Paul, founder of Alphative Advisors is of the view that Mcleod Russel (India) may touch Rs 296.
Vikrant Jadeja of Vibrant Trades suggests selling Arvind with a target of Rs 117 and buying Mcleod Russel (India) with a target of Rs 295-300.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell CESC and Grasim Industries.
Manas Jaiswal of manasjaiswal.com advises buying Tata Global Beverage with a target of Rs 154 and UCO Bank with a target of Rs 82.
Sudarshan Sukhani of s2analytics.com expects the rally will continue in Mcleod Russel (India).
Abhijit Paul of Alphative Advisors LLP recommends buying Asian Paints with a target of Rs 500 and ITC with a target of Rs 360.
Kunal Bothra of LKP feels that Mcleod Russel may touch Rs 272-273 in 3-5 days. "One may keep a stoploss at Rs 255," he adds.
ICICI Direct has a sell call on Titan with a target between Rs 211.50 and Rs 208. Their stop loss is at Rs 219.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Mcleod Russel as the stock may go down to Rs 230 and may even reach Rs 200.
Yesterday Canara Bank witnessed good buying interest from lower levels and oscillators are showing positive crossover on the daily chart. This stock can test Rs 290 in next two-three trading sessions. One can buy the stock at current levels with a stop loss of Rs 260, says Manas Jaiswal of manasjaiswal.com.
Nooresh Merani of AMSEC Research advices to short Havells India at higher levels of Rs 770-775 keeping a stop loss at Rs 785 and a target price of Rs 720 in the short-term.
Vishal Kshatriya of Edelweiss recommends buying Bata India with a target of Rs 900 and buy Titan Industries with a target of Rs 250.
Amit Gupta of ICICI Securities expects more short covering in Mcleod Russel as around 20-25 percent of short positions are still left in comparison to the last month in this stock.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Mcleod Russel (India).
Positional traders should sell Mcleod Russel (India), says Sudarshan Sukhani of s2analytics.com. He feels that the stock should come down to Rs 280-270 levels.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Amit Trivedi of www.investworks.in give top pick for the day.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Rajeev Agarwal of www.dynamixresearch.in and Shardul Kulkarni of Angel Broking , place their bets on two stocks each, thus offering investors a variety of options to choose from.
In CNBC-TV18's popular show Bull's Eye, Prakash Diwan of Prakash Diwan's Wealth Circle shares his trading strategies for 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.