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
Stocks which gave multibaggers returns in the December quarter of 2016 include names like SE Power, Kushal Tradelink, India Metals, Vama Industries, HM Sugar Mills, Indokem, Atlas Jewellery, Niraj Cement etc. among others.
Vijay Chopra of enochventures.com is of the view that one may exit Nalco at around Rs 90-95.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Special Economic Zone, National Aluminium Company, Dr Reddy's Laboratories and Gujarat State Petronet Limited and can sell Jet Airways and Mahindra & Mahindra.
Ashwani Gujral of ashwanigujral.com advises buying NIIT Technologies, Ujjivan Financial Services and NALCO.
With PM Modi’s vision of making every Indian car electric by 2030, stocks of automakers and ancillary companies which produce electric parts or vehicles are likely to take off.
Ashwani Gujral of ashwanigujral.com is of the view that NALCO may move to Rs 115-120.
Watch the interview of Andrew Holland CEO, Avendus Capital and Ashwani Gujral ashwanigujral.com with CNBC-TV18's Prashant Nair and Ekta Batra on CNBC-TV18, in which they shared their reading and outlook on markets and specific stocks.
Sandeep Wagle of powermywealth.com suggests buying IndusInd Bank and National Aluminium Company.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Asian Paints, Gruh Finance, HUDCO and Nalco and sell Bharat Forge.
Mitessh Thakkar of miteshthacker.com advises buying NALCO and Equitas Holdings.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell MRF, Tata Communications and Union Bank of India and buy Torrent Power and Jubilant Foodworks.
Mitessh Thakkar of miteshthacker.com recommends buying Muthoot Finance, NALCO and Hexaware Technologies.
Mitessh Thakkar of mitesshthakkar.com suggests buying Dalmia Bharat, National Aluminium Company, Shriram Transport Finance and Gateway Distriparks.
Vishal Malkan of malkansview.com advises selling Power Finance Corporation with target of Rs 115.
Mitessh Thakkar of miteshthacker.com is of the view that one can short Indiabulls Housing Finance.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian shared his views on the fundamentals of the market and specific stocks.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9630-9580 and the resistance is at 9724 and he picks Hindustan Zinc, Nalco and TVS Motor as bullish plays and HDIL as a bearish play.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bajaj Finance, IGL, Grasim Industries, Arvind and Bata India and sell NALCO.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9540 and resistance at 9660-9713 while Bank Nifty has support at 23000 and resistance at 23500.
According to Sudarshan Sukhani of s2analytics.com, one can buy ICICI Bank on strength while Hindalco Industries, Tata Steel and Vedanta to become weaker.
In an interview to CNBC-TV18's Latha Venkatesh and Anuj Singhal SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
United Spirits, Power firms, oil and gas, among others are on analysts' radar today.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Dishman Pharma with a target of Rs 245.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.