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
One should not look at Tata Motors‘ domestic play, but instead focus on Jaguar Land Rover, which plans to launch a slew of models and enter new markets. HDFC is a stock to hold even at Rs 50 higher. Mehraboon Irani is willing to look into FMCG but only on correction
Anand Rathi and ICICI Direct recommend the stocks to invest in and sell for Friday.
Prakash Diwan of Altamount Capital Management is of the opinion that one can go long on Mahindra & Mahindra Financial Services with a target price of Rs 248 and a stop loss at Rs 234. "One may also go long on MRF with a target price of 14,099 and a stop loss at Rs 13,699," he adds.
One can short Dena Bank for a target price of Rs 59.50 and Bank of India for a target price of Rs 190, says Sharmila Joshi of Peerless Securities.
Arunesh Madan of Augment Investment suggest shorting Reliance Industries at the current market price, keep a stop loss above Rs 850 levels on closing basis and look for a target of Rs 820 and Rs 810 going forward.
Angel Broking is bullish on Britannia Industries and JK Tyre and expects strong upside going ahead.
Shardul Kulkarni of Angel Broking is bullish on Tata Global Beverage, Tata Coffee and MRF. According to the expert Tata Global Beverages has a target of Rs 150 and Tata Coffee looks good as a long term bet.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Arunesh Madan of Augment Investment and Shardul Kulkarni ofAngel Broking, place their bets on two stocks each, thus offering investors a variety of options to choose from.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst at manasjaiswal.com, Rajesh Jain, EVP Retail Research at Religare Sec and Rakesh Gandhi, Sr Technical Analyst at LKP, place their bets on two stocks each, thus offering investors a variety of options to choose from.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, manasjaiswal.com, Vishal Kshatriya, Edelweiss and Sanjeev Agarwal, CEO, Dynamix Research & Capital, place their bets on two stocks each, thus offering investors a variety of options to choose from.
On CNBC-TV18's show Super Six, market gurus Vishal Malkan, CMT, www.malkansview.com, Manas Jaiswal of manasjaiswal.com and Nooresh Merani of AMSEC Research, place their bets on two stocks each, thus offering investors a variety of options to choose from.
SP Tulsian of sptulsian.com is positive on Glenmark Pharma.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst, manasjaiswal.com, Arunesh Madan, Founder and Director of Augment Investment Pvt ltd and Sanjeev Agarwal, CEO, Dynamix Research & Capital Management place their bets on two stocks each, thus offering investors a variety of options to choose from.
On CNBC-TV18's show Super Six, market gurus Rajesh Jain of Religare Sec, Rakesh Gandhi of LKP and Vishal Kshatriy of Edelweiss, place their bets on two stocks each, thus offering investors a variety of options to choose from.
JK Tyre & Ind may see a decent upside, says Rajen Shah, CIO, Angel Broking.
SP Tulsian of sptulsian.com is negative on tyre stocks like Apollo Tyres and MRF.