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
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.
VK Sharma, HDFC Securities is upbeat on NHPC, LIC Housing Finance and has recommended buy rating on the stock.
Moneycontrol gets Sunil Jain, Head Equity Research (Retail) at Nirmal Bang to answers stock queries that investors asked on our Facebook page.
Short Tata Steel, says Sudarshan Sukhani of s2analytics.com. NHPC was going up from Rs 17 to Rs 25. It then made a flag like pattern and then it‘s broken out of a flag. A flag comes midway in an uptrend, that could give a possible target of even Rs 35, he adds.
Shardul Kulkarni of Angel Broking is of the view that, one can buy NHPC on decline with a stop loss of Rs 24.7 for the target price of Rs 26.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Peerless Securities shares trading strategy of the day.
Navneet Publications has target of Rs 76, says Anil Manghnani, Modern Shares & Stock Brokers
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.
Shubham Agarwal of Motilal Oswal Securities advice traders to avoid fresh buying in NHPC. One can book profits in the stock, says agarwal.
Buy Hero Motocorp 1900 put at around Rs 22, keep a stop loss of Rs 10 and hope to sell it at Rs 50 making Rs 28 in the process, says VK Sharma, HDFC Securities.
Sudarshan Sukhani of s2analytics.com advised selling NHPC and switching to financials stocks.
Sudarshan Sukhani, s2analytics.com is of the view that one can short sell Shree Renuka Sugars while can buy NHPC with a target of Rs 28.
In an interview to CNBC-TV18, Aashish Tater, Head of Research, Fortunewizard.com recommend Sintex and NHPC as his multibagger stocks. Tater is bullish on these two stocks even though they have suffered in past and feels they will yield better future returns if invested for a long-term.
NHPC is right now trading at one time price to book, so almost 60 percent upside from next 12-15 months perspective. This is definitely a portfolio bet given there is hardly any downside on this particular stock, says Aashish Tater, Head of Research, Fortunewizard.com.
NHPC can test Rs 27-28, says Anil Manghnani, Modern Shares & Stock Brokers.
Kotak Mahindra Bank and ICICI Bank are best picks in banking space, says Sudarshan Sukhani, s2analytics.com.
Lumax Auto Technologies may rally to Rs 200 in the next 6 months, says Prakash Diwan, Prakash Diwan's Wealth Circle.
In this week's Know Your Investment, Aditya Damani, CFA, Director at KM Global Financial Services teams up with moneycontrol.com to help investors make the right investment decisions in the current uncertain times.
Rikesh Parikh of Motilal Oswal Financial Services is of the view that Tata Motors DVR can touch Rs 180. NHPC can go upto Rs 22.
NHPC has target of Rs 23, says Shubham Agarwal, CMT & AVP- Sr. Technical Analyst, Motilal Oswal.
Jitendra Panda, Future Capital is positive on power sector and has recommended one can buy NHPC even at current level.
Buy NHPC, says Siddharth Bhamre of Angel Broking. NHPC has been consolidating since long time. Yesterday we saw good amount of built-up happening around 7-8% though stock had come down but Rs 17.5 to Rs 18 is a very strong support.
NTPC and NHPC are looking good bets, says Prakash Diwan, Asit C Mehta Investment.
Be cautious on power stocks, says SP Tulsian, sptulsian.com.
Downside left in NHPC, says Sudarshan Sukhani, s2analytics.com.