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 is a list of top three stocks which could give up to 17% return in the next 6 months.
Dharmesh Shah of ICICIdirect.com recommends buying Bajaj Finserv with target at Rs 6095 and stop loss at Rs 5190 and has a buy also on Munjal Showa with target at Rs 269 and Stop loss at Rs 208.
Trends witnessed on the Singaporean Exchange indicate a positive opening for the Nifty back home. The SGX Nifty was trading at 10,588.50, up 0.32 percent from its previous close.
Equities as an asset class generated more interest last month as benchmark indices hit fresh record highs. But, there was also plenty of stock specific action.
Neeraj Deewan of Quantum Securities is of the view that one can buy JK Tyre and Industries.
SP Tulsian of sptulsian.com advises buying Munjal Showa with a target of Rs 240 in next six months.
Prakash Diwan of Altamount Capital Management recommends buying Munjal Showa with a stoploss at Rs 70.90 and Indo Rama Synthetics (India) for a target of Rs 16.25.
Manav Chopra of Nirmal Bang advises buying Karnataka Bank for a target price of Rs 105 and Bombay Dyeing for a target price of Rs 65.
Munjal Showa has target of Rs 85, says SP Tulsian, sptulsian.com. This is a company in technical and financial collaboration with Showa Corporation of Japan who are holding 26 percent stake in the company and 39 percent stake is held by the Munjals, with about 65 percent as the promoter stake.
Munjal Showa has target of Rs 100, says SP Tulsian, sptulsian.com.
Buy Munjal Showa, says Aashish Tater, Head of Research, Fort Share Broking.
Munjal Showa has target of Rs 56, says Ashish Tater of Fort Share Broking.
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.
Munjal Showa has target of Rs 54.75, says Ashish Tater of Fort Share Broking.
Munjal Showa can touch Rs 120-140, says Aashish Tater, Fort Share Broking.