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
The market is likely to trade with a negative bias amid ongoing consolidation. Below are some trading ideas for the near term.
Here's what experts recommend investors should do with these stocks when the market resumes trading on Budget day.
National Fertilizers is currently trading above all crucial moving averages, indicating a positive bias. Additionally, momentum indicators suggest a favourable outlook for further upward movement.
"In the coming week, 17,600 followed by 17,400 are likely to provide some cushion for the index and till the time, we do not close below these key levels, we would continue with our 'buy on decline' strategy," Sameet Chavan, Chief Analyst-Technical and Derivatives at Angel One, said
Following the rally over the past one month, experts suggest that investors book timely profits and avoid aggressive buying. According to them, the next resistance on the Nifty 50 is expected at 18,000, with support at 17,600.
Various segments of equities related to agriculture and rural spending are expected to see huge growth in the monsoon season.
A good monsoon will likely bring a bumper harvest that will ease supply-side constraints and will also help in curbing inflation, say experts
Government has launched eNAM — an online trading platform, to optimize the use of fertilizers by distribution of Soil Health Cards to farmers.
Rakesh Bansal of RK Global is of the view that one may buy Burnpur Cement with a target of Rs 20.
2017 was a dream year for midcaps, will the midcap run continue? And which are the stocks to bet on. In an interview to CNBC-TV18, Ravi Kataria, MD of Investment Imperative discussed some ideas.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Mitesh Thacker of miteshthacker.com suggests buying National Fertilizers and advises selling Indiabulls Housing Finance.
Shahina Mukadam, Independent Market Expert advises exiting National Fertilizers on bounce.
Rajat Bose of rajatkbose.com is of the view that Chambal Fertiliser may touch Rs 68.80.
Sameet Chavan of Angel Broking recommends exiting National Fertilizers on bounce.
Sudarshan Sukhani of s2analytics.com recommends buying Chambal Fertilisers and National Fertilizers.
SP Tuslian of sptulsian.com says that he won't be surprised to see the floor price of National Fertilisers getting fixed at about Rs 30.
SP Tulsian of sptulsian.com feels that there is not much erosion in the value than the current price of HMT, National Fertilisers (NFL) and Fertilizers & Chemicals Travancore (FACT). He believes that government is intending to mobilise anywhere between Rs 50 crore to Rs 350 crore from these three companies.
SP Tulsian of sptulsian.com advises investors to be short on companies that have huge foreign debt owing to the depreciating rupee. He asks them to watch out for key announcements next week.
RCF, NFL and Chambal Fertilizer may rally 3-5% from current levels, says SP Tulsian of sptulsian.com.
Sudarshan Sukhani, s2analytics.com is of the view that one should exit IFCI. “Before the budget on any rally one should get out of National Fertilisers,†he adds.
Sudarshan Sukhani, s2analytics.com is of the view that TCS may slip to Rs 1150. “One can make an investment in National Fertilizers,†he adds.
SP Tulsian of sptulsian.com, says that in the organized retail space, Pantaloon is the best company available in terms of network and infrastructure.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.