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
Tight liquidity conditions combined with specific credit issues (IL&FS) led to a big reset for NBFCs as well as housing finance companies (HFCs).
We recommend traders to buy this stock at the current level of Rs 18.80 with a price target of Rs 24. Stop loss should be placed below Rs 17, says Aditya Agarwal of Way2Wealth Brokers.
On daily charts, Nifty is forming a bearish divergence, therefore, the possibility of further profit booking can’t be ruled out even from current levels.
Rajesh Agarwal of AUM Capital recommends buying J Kumar Infraprojects with stop loss at Rs 264 and target of Rs 280, Power Grid Corp with stop loss at Rs 192 and target of Rs 200 and ITC with stop loss at Rs 313 and target of Rs 329.
MidCap and SmallCap Indices have reached an overbought territory portending to minor profit booking on the cards before it resumes its uptrend.
Mitessh Thakkar of mitesshthakkar.com recommends buying PVR and CESC and advises selling PTC India.
Ashwani Gujral of ashwanigujral.com suggests buying KNR Construction with a stop loss of Rs 270, target of Rs 287, a buy in Aurobindo Pharma with a stop loss of Rs 784, target of Rs 810 and a buy in JM Financial with a stop loss of Rs 168, target of Rs 182.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Krish Subramanyam of Altamount Capital is of the view that one can buy 1,380 strike Put and also sell a 1,300 strike in M&M.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian shared his views and outlook on the fundamentals of the market ans specific stocks.
Mitessh Thakkar of miteshthacker.com advises buying PTC India, Rallis India and Indiabulls Real Estate.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy United Spirits with a target of Rs 2510.
Ashwani Gujral of ashwanigujral.com suggests buying Escorts, Punjab National Bank, PTC India Financial Services, NHPC and Century Plyboards.
In an exclusive CNBC-TV18 panel discussion, market experts SP Tulsian, Dipan Mehta, Daljeet Singh Kohli and Prakash Diwan listed out their top stock bets ahead of the Budget.
Aashish Tater of fortunewizard.com is of the view that PTC India is a very safe stock and can give 25-30 percent return till Budget.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may sell Bajaj Finance with a target of Rs 1015.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy EID Parry and Siemens.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Tata Power with a target of Rs 69.5.
Sandeep Wagle of powermywealth.com suggests exiting PTC India Financial on bounce.
Prakash Diwan of prakashdiwan.in is of the view that one may prefer Procter and Gamble and PTC India Financial Services.
Krish Subramanyam of Altamount Capital advises buying Godrej Industries with a target of Rs 390.
CA Rudramurthy BV of Vachana Investments advises buying Ramco Industries with a target of Rs 119.
Dharmesh Kant of India Nivesh Securities recommends buying PTC India Financial Services with a target of Rs 49.
Gaurav Ratnaparkhi of Sharekhan suggests buying LIC Housing Finance with a target of Rs 449.