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
Mitesh Thacker of miteshthacker.com is of the view that one can buy Tata Global Beverage, Reliance Communications, Oil India and Rallis India.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Aurobindo Pharma, Oil India and sell L&T.
According to Mitesh Thacker of miteshthacker.com, one can buy Kotak Mahindra Bank above Rs 787 and sell Lupin.
Mitesh Thacker of miteshthacker.com recommends selling Aurobindo Pharma and Oil India and advises buying HCL Technologies.
Mitesh Thacker of miteshthacker.com is of the view that one may buy Oil India and Tata Steel.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18 shares his views on refrigerants companies, transformer makers and media reports on mergers in the PSU oil space.
Digesh Shah of Veracity Fin is of the view that one may buy Hexaware Technologies with a target of Rs 231.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Reliance, Ajanta Pharma, ONGC, Oil India, Moschip Semiconductor, SBBJ and Supreme Infra.
Sudeep Anand, IDBI Capital Markets Services believe with reduction in under recoveries rerating of upstream companies is on the cards.
In an interview to CNBC-TV18's Anuj Singhal and Sonia Shenoy, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
The government is likely to give a nod to hike kerosene prices by 0.25 paise a litre per month till April 2017. If this comes through then the upstream oil companies like ONGC, Oil India will benefit.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Cairn India and Oil India.
In an interview to CNBC-TV18, Sanjiv Bhasin of IIFL shared his reading and outlook on the market.
Prayesh Jain of IIFL tells CNBC-TV18 why the kerosene price increase augurs well for ONGC and Oil India and his take on Tata Motors post Brexit.
Prakash Gaba, Technical Analyst at prakashgaba.com recommends buying Sintex Industries for target of Rs 91 and likes Oil India.
Jefferies highlights stagnant or declining production as the major concern for both ONGC and OIL India. The other big worry is the lagged movement in domestic gas prices
Vijay Chopra of enochventures.com recommends buying DCM Shriram with a target of Rs 200 and LIC Hhousing Finance with a target of Rs 463.
Rakesh Bansal of RK Global is of the view that one may buy HDIL with a target of Rs 108.
Kunal Saraogi of Equityrush advises buy HDIL with a target of Rs 90.
Sandeep Wagle of powermywealth.com is of the view that one can buy HDFC Bank, Oil India and NCC.
Ashwani Gujral of ashwanigujral.com recommends buying Oil and Natural Gas Corporation, Dabur India and Oil India.
Parag Thakkar of HDFC Securities is of the view that ONGC, Oil India and GAIL India look interesting.
Hemen Kapadia of KRChoksey Securities is of the view that one can buy Bank of India with a target of Rs 105 and Jet Airways with a target of Rs 574.
Gaurav Bissa of LKP Securities is of the view that one may buy Hexaware Technologies with a target of Rs 285.
Amit Harchekar of APLUS Analytics recommends buying Oil India, UPL, Petronet LNG and Apollo Hospitals.