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
Manish Sharma of Destimoney Securities is of the view that one may sell Federal Bank with a target of Rs 61.
Prakash Diwan of prakashdiwan.in is of the view that NIIT may move above Rs 100.
Kunal Bothra, Head of Advisory at LKP recommends buying NIIT for a target of Rs 79 in the short term.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Cipla, Jyothy Laboratories, DLF, NIIT, VRL logistics, Ceat, Caplin Point Laboratories & Ujaas Energy.
Speaking at CNBC-TV18‘s investor‘s camp, Porinju Veliyath of Equity Intelligence India talks about his multi-bagger ideas on five quick stock picks:
Rakesh Bansal of RK Global advises buying Exide Industries with a target of Rs 173.
Gaurav Bissa of LKP Securities recommends holding NIIT and feels that one can enter the stock at around Rs 64.
Ambareesh Baliga, Market Expert is of the view that one can look at Himatsingka Seide.
Vibhor Singhal of Phillip-Capital prefers Tech Mahindra, TCS and HCL Tech from the largecap IT space and amongst the midcap space likes KPIT Technologies and NIIT.
Nooresh Merani, CEO of Analyse India is of the view that NIIT may test Rs 65.
Nooresh Merani of Analyse India recommends buying NIIT with a target price of Rs 58 and Amrutanjan Health Care.
Kunal Saraogi of Equityrush recommends buying Allcargo Logistics for a target price of Rs 350 and Jindal SAW for a target price of Rs 104.
Paras Bothra of Ashika Stock Broking recommends buying Ucal Fuel Systems for a target price of Rs 150 and Transport Corporation of India for a target price of Rs 320.
Nooresh Merani of Analyse India recommends buying Zicom Security Systems with a target of Rs 180 and Texmaco Rail with a target of Rs 140-160.
Paras Bothra of Ashika Stock Broking recommends buying Castrol India for a target price of Rs 500 and Pidilite Industries for a target price of Rs 460.
Dipen Shah, Senior Vice President & Head - PCG Research at Kotak Securities is positive on Infosys, Tata Consultancy Services, Wipro, HCL Technologies and NIIT Technologies.
According to Sanju Verma, Group CEO at Violet Arch Capital Advisors, one may prefer MindTree and NIIT from midcap IT space.
Manav Chopra of Nirmal Bang recommends buying Dish TV India with a target of Rs 63 and Jubilant Foodworks with a target of Rs 1390.
Manav Chopra of Nirmal Bang advises buying Dish TV for a target price of 63 and Jubilant Foodworks for a target price of Rs 1,390.
Shardul Kulkarni, Sr. technical analyst at Angel Broking is of the view that NIIT may test Rs 25-25.50 in the next couple of trading days.
NIIT can touch Rs 55, says Paras Bothra of Ashika Stock Broking.
SP Tulsian, sptulsian.com shares his view on NIIT.
Stay away from education space, says PN Vijay, Portfolio Manager.
Buy Aptech above Rs 117, says Jatinder Sharma, Partner at Equity Strategists.