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
Here are top 10 stocks to focus on February 20 picked by CNBC-TV18‘s research team. We have UltraTech Cement, JSPL, Reliance Industries, SpiceJet, HDFC Bank, Shree Renuka, Bajaj Hindusthan, Pipavav Defence, PSU bank index and Moser Baer.
Check out the stocks that are buzzing the most on January 27- Axis Bank, HDIL, Max India, Edelweiss Financial Services, Rajesh Exports, Moser Baer (India), Delta Corp, Tata Consultancy Services (TCS) & Infosys.
Moneycontrol.com got independent analyst Ambareesh Baliga to answer the stock queries readers sent us on our Facebook page as part of KYI (Know Your Investment). Check out his comments.
Moser Baer has support at Rs 25.60, says Anu Jain of IIFL Private Wealth Management.
Kunal Saraogi of Equityrush is of the view that one should hold Moser Baer.
Chandan Tapadia of Anand Rathi Securities advises to hold Moser Baer.