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
SP Tulsian of sptulsian, says that both REC and PFC had a good run up and investors should book profits in these stocks. These stocks can see correction of arounf 10-12 percent. He is also not optimistic on NTPC, as the company does not have the authority to increase the power tariffs and the capacity addition has not been good.
Sudarshan Sukhani, s2analytics.com is of the view that NTPC can touch Rs 175. Stocks like Hindalco Industries, Tata Steel, Bank of Baroda and Canara Bank are looks good.
Technical Analyst, Sudarshan Sukhani of s2analytics.com is upbeat on Havells India and has recommended buy rating on the stock while NTPC is a sell.
Pashupati Advani of NBIE, says that he feels that in the FMCG space Marico is a good bet and LIC HF has a good potential to give decent return. In the Bangalore-based real estate space he is bullish on Prestige Estates.
V Jayasankar of Kotak Investment Banking says he expects NTPC and Oil India issues to be successful.
Moneycontrol.com got Unicon Financial Intermediaries‘s Madhumita Ghosh to answer the stock queries readers sent us on our Facebook page as part of our KYI (Know Your Investment) initiative.
Sudarshan Sukhani, s2analytics.com is of the view that one should not make fresh investment in NTPC, Hexaware Tech.
Shares of state-run miner NMDC fell by 2 percent in early trade on today, after sources said the government may announce a floor price for the NMDC issue in a range of Rs 145 to Rs 150 a share. SP Tulsian, sptulsian.com spoke to CNBC-TV18 regarding the government announcement and why he is unhappy with the decision.
Sell NTPC, says Sudarshan Sukhani of s2analytics.com. It had a rounding top pattern suggest that an intermediate top has been made and it is going lower.
Short NTPC, says Sudarshan Sukhani of s2analytics.com. It is a very disappointing stock. It is in a downtrend. Yesterday, the signs were that a new decline would start probably today and that is something we want to catch on to.
Sudarshan Sukhani, s2analytics.com is of the view that long term investors can stay invested in NTPC.
PN Vijay, Portfolio Manager, askpnvijay.com, says that companies like Cipla and Ranbaxy would be largely affected by the pricing policy because they have large presence in domestic life saving drugs space and to some extent affect will be seen on Lupin.
Moneycontrol brings to you some of the recommendations given by experts that will help you cash in on the many opportunities available.
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.
NTPC can move up to Rs 180-182, says Amit Gupta, ICICI Direct. It is very much possible that Rs 164-165 may not be breached because if you look at the cash buying that has happened in NTPC in the month of July that happened near Rs 164 levels only and we saw very hefty volumes around Rs 164.
Sudarshan Sukhani of s2analytics.com is upbeat on NTPC. The stock is making those new highs in this uptrend and new highs are always bullish. It‘s probably bottomed out and made a V shaped reversal.
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.
Go long in NTPC on any decline because it is showing some inherent strength and there are enough shorts in the stock because they have remained subdued for a quite long time, says Amit Gupta of ICICI Direct.
Ambareesh Baliga, Market Analyst feels that IDFC could see levels of about Rs 148-154 on robust quarterly results.
Below Rs 167, NTPC can slip to Rs 135, says Jai Bala, Chief Market Technician at cashthechaos.com.
NTPC has resistance at Rs 175, says SP Tulsian of sptulsian.com.
Sudarshan Sukhani of s2analytics.com shares his view on NTPC.
NTPC is a good medium term investment bet, says Rahul Mohindar, Director, viratechindia.com.
NTPC can touch Rs 180, says Sudarshan Sukhani of s2analytics.com.
On CNBC-TV18's show Super Six, market gurus Parag Doctor, Head - Trading Strategies, Keynote Capital, Manas Jaiwal of manasjaiswal.com and Arunesh Madan, Augment Investment, place their bets on two stocks each, thus offering investors a variety of options to choose from.