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
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.
Mitessh Thakkar of miteshthacker.com recommends buying Ashok Leyland and MMTC.
According to Mitessh Thakkar of miteshthacker.com, one can buy Adani Enterprises, Apollo Tyres and IGL and can sell ONGC.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shares his views on specific stocks and sectors.
According to Mitessh Thakkar of mitesshthakkar.com, one can sell Capital First, Aurobindo Pharma and Biocon and can buy Bharti Infratel and MRF.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy MRF with a target of Rs 70300.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Tata Steel while he feels that Apollo Tyres may test Rs 250.
In an interview to CNBC-TV18's Prashant Nair and Ekta Batra, G Chokkalingam, Founder & Managing Director of Equinomics Research & Advisory shared his reading and outlook on the tyre sector and also gave recommendations on various stocks.
As much as 85 stocks are trading above their 5-year average price and out of that 15 stocks more than doubled from their average price recorded in the last five years.
With global market signals confusing and Indian markets perched at uncomfortable highs, investors are seeking the safe haven of quality.
Ashwani Gujral of ashwanigujral.com is of the view that Ajanta Pharma can head to Rs 1950 and prefers Jubilant Life Sciences from the pharma space and feels that one can look at Ceat and MRF from the tyre space.
Speaking to CNBC-TV18, Milak said though the decline in Chinese dumping along with fall in rubber will give a significant advantage for Indian companies, he cautioned that unless and until these factors sustain for a longer period of time rubber companies will fail to benefit significantly as the inventory carried by them is of around 40-45 days.
In an inteview with CNBC-TV18, SP Tulsian of sptulsian.com, explains why he likes Century Textiles and Adani Ports. He also gives his views on various other stocks like M&M Financials, Shriram Transport and MRF.
Mitesh Thakkar of miteshthacker.com recommends buying MRF and Godrej Consumer Products.
Mitessh Thakkar of miteshthacker.com recommends buying Dish TV with target of Rs 113 by end of March.
According to Gaurang Shah of Geojit BNP Paribas, one may buy MRF.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy IRB Infra and Apollo Hospitals and prefers MRF from the tyre space.
According to Mitessh Thakkar of miteshthacker.com, one can buy Coal India and Idea Cellular while one can sell MRF and Page Industries.
Mitessh Thakkar of miteshthacker.com suggests buying Sun Pharmaceutical Industries and advises selling MRF and Tata Motors DVR.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Glenmark Pharma, Snowman Logistics, BGR Energy and Suven Life Sciences and sell MRF.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy MRF, Tata Elxsi and UltraTech Cement.
Mitessh Thakkar of miteshthacker.com suggests buying MRF, Bank of India and DLF.