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
Orchid Chemicals has strong support around Rs 100 and it can move to Rs 110- 115 in near term, says SP Tulsian, sptulsian.com.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com said he had been cautious on FMCG stocks for quite some time. Though, the recent news on cigarette companies from an Australian court has pulled down ITC, he believes further correction of about 3-4% can create fresh buying positions in the stock.
Short Orchid Chemicals and Pharmaceuticals, says Sudarshan Sukhani of s2analytics.com.
Educomp may slip to Rs 140- 145, says SP Tulsian, sptulsian.com.
Short Tata Steel and Hindalco, says Sudarshan Sukhani, s2analytics.com.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Orchid Chemicals, Jain Irrigation on dip.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst at manasjaiswal.com, Rajesh Jain, EVP Retail Research at Religare Sec and Rakesh Gandhi, Sr Technical Analyst at LKP, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Orchid Chemicals on dips.
Rikesh Parikh, Vice-President Markets Strategy and Product Development -Equities, Motilal Oswal Financial shares his view on Bajaj Auto.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.
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.
Orchid Chemical can move to Rs 160- 170, says SP Tulsian, sptulsian.com.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.
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.
Sintex Industries may see 15-20% upside, says Rahul Mohindar, Director, viratechindia.com.
Sudarshan Sukhani, s2analytics.com advice traders to buy Orchid Chemicals on dips.
Short ONGC, says Sudarshan Sukhani of s2analytics.com.
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.
Orchid Chemicals may slip below Rs 100, says Sudarshan Sukhani of s2analytics.com.
Orchid Chemicals can move to Rs 180 in next twelve months, says SP Tulsian, sptulsian.com.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Orchid Chemicals.
Sudarshan Sukhani of s2analytics.com feels that another 10% downside likely in Orchid Chemicals.
Sudarshan Sukhani of s2analytics.com feels that Orchid Chemical probably going into double digits so it is a short sell while Rallis India is an investment stock one can buy with six months perspective.
Sudarshan Sukhani of s2analystics.com view on Ashok Leyland, Orchid Chemical.
On CNBC-TV18's show Super Six, market gurus Vishal Malkan of malkansview.com, Rajesh Jain, Religare Securities and Manas Jaiswal of manasjaiswal.com, place their bets on two stocks each, thus offering investors a variety of options to choose from. Investors can read into the detailed analysis before agreeing to any or all the bets.