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
Bharti Infratel continued its dominant form from last week as the stock was the most active gainer in the Nifty, gaining over 2.47 percent followed by Vedanta and Tata Motors which were up 2.12 percent and 1.71 percent respectively.
Moneycontrol ran an analysis of companies which generated consistently double-digit growth in cash flows in the last four fiscal years.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy GAIL India, Hindustan Zinc and Mindtree and can sell Pidilite Industries and Strides Shasun.
Avinnash Gorakssakar, Market Expert is of the view that one may prefer KEC International.
Rajat Bose of rajatkbose.com is of the view that one may exit NHPC.
Mitessh Thakkar of mitesshthakkar.com recommends buying CESC, Balrampur Chini and Nestle India and advises selling Amara Raja Batteries and NHPC.
Vishal Malkan of malkansview.com advises buying Reliance Capital with a target of Rs 795.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Britannia Industries with a target of Rs 3870.
Rakesh Bansal of RK Global is of the view that one may buy NHPC with a target of Rs 35.
Rakesh Bansal of RK Global is of the view that one may buy NHPC with a target of Rs 35.
Sameet Chavan of Angel Broking advises buying Century Textiles and Industries with a target of Rs 1155.
Ashu Madan of Religare Securities is of the view that one may buy NHPC.
Prakash Gaba of prakashgaba.com is of the view that one may hold NHPC.
Rajat Bose of rajatkbose.com recommends holding NHPC with a target price of Rs 35.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Forge, NHPC and Caplin Point and has a sell on Ramco Cement below Rs 670.
Vedanta, Edelweiss, HUL and ICICI Bank, among others, that are on the radar of investors on Wednesday.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9312 and resistance at 9450 while Bank Nifty has support at 22400 and resistance at 22800.
Mitessh Thakkar of miteshthacker.com
Sumeet Jain of Destimoney Securities recommends buying BGR Energy with a target of Rs 150 and Orient Paper with a target of Rs 89.
Rakesh Bansal of RK Global is of the view that one may buy BEML with a target of Rs 1313 and NCC with a target of Rs 91.
Ashwani Gujral of ashwanigujral.com suggests buying Escorts, Punjab National Bank, PTC India Financial Services, NHPC and Century Plyboards.
In an exclusive CNBC-TV18 panel discussion, market experts SP Tulsian, Dipan Mehta, Daljeet Singh Kohli and Prakash Diwan listed out their top stock bets ahead of the Budget.
Sumeet Jain of Destimoney Securities is of the view that one may sell DCB Bank with a target of Rs 113.
Rakesh Bansal of RK Global advises buying NHPC with a target of Rs 33.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy TVS Motor Company, MMTC and NHPC.