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
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9640-9580 and resistance at 9713 while Bank Nifty has support at 23300 and resistance at 23600.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks.
Ashwani Gujral of ashwanigujral.com advises buying India Cements, NTPC and Havells India.
Mitessh Thakkar of mitesshtakkar.com recommends buying Aurobindo Pharma and NTPC.
Ashwani Gujral of ashwanigujral.com suggests buying NTPC and sell Sun Pharmaceutical Industries and ITC.
Ashwani Gujral of ashwanigujral.com recommends buying NTPC, Power Grid and CESC.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Indraprastha Gas, Fortis Healthcare and Dabur India and sell NTPC.
Coal India, NTPC, and oil marketing companies, among others, are on investors’ radar today.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sobha and Blue Star and sell NTPC.
United Spirits, Power firms, oil and gas, among others are on analysts' radar today.
Avinnash Gorakssakar, Market Expert is of the view that one may remain invested in NTPC.
Prakash Gaba of prakashgaba.com feels that NTPC may move to Rs 170.
A look at what are brokerages recommending on five stocks and two major sectors. Do you hold them in your portfolio?
According to Ashwani Gujral of ashwanigujral.com, HDFC may hit Rs 1600 while JSW Steel can head to Rs 230 and advises buying Jet Airways.
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.
Deutsche Bank's largecap picks are Aurobindo Pharma, BPCL, Maruti Suzuki, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra and Vedanta India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Idea Cellular, Axis Bank and Apollo Hospitals and advises selling IDFC and NTPC.
While retaining overweight rating with increased target price at Rs 185 (from Rs 180 earlier), JPMorgan expects NTPC to close the acquisition of phase-I of Chhabra plant by March. Inorganic growth plan are EPS accretive, it feels.
Amit Gupta of ICICIdirect is of the view that one can go long in Larsen & Toubro and short Nifty while one can buy 175 Call options in NTPC.
Sudarshan Sukhani of s2analytics.com recommends buying ONGC, NTPC and Bharti Airtel.
Amit Gupta of ICICIdirect is of the view that one can buy NTPC 175 Call.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, NTPC and Whirlpool.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Coromandel International, Tata Motors and NTPC.