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
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.
Buy Raymond at Rs 390, says Sundar Raja, Technical Analyst. sundartrends.in.
On CNBC-TV18's new show Super Six, market gurus Hemen Kapadia of chartpundit.com, Abhijit Paul, Brics Securities and Sundar Raja, Technical Analyst, 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.
Sell Raymond, says Kunal Saraogi of Equityrush.
Raymond has target of Rs 390, says Rajesh Jain, Market Strategist
Raymond can touch Rs 372, says Anu Jain, Senior Vice President, IIFL Private Wealth Management.
Vivek Mavani, Vice President - Equity, Brics Securities feels that, midcap stock- any sort of price corrections or profit booking scenarios are good from an investor point of view.
Arvind, Alok, Raymond and Bombay Dyeing can be good buying candidates on decent fall, says Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services.
Jagdish Malkani, Member NSE/ BSE view on textile sector.
Shardul Kulkarni of Angel Broking advised buying Raymond with a target of Rs 400 a share.
On CNBC-TV18's new show Super Six, market gurus chartpundit.com's Hemen Kapadia, technical analyst at viratechindia.com Rahul Mohinder and Angel Broking's Shardul Kulkarni, place their bets on two stocks each.
Rajesh Agarwal of Eastern Financiers feels that Raymond may see selling pressure in short term.
Ranak Merchant of Sushil Finance feels that Raymond may go upto Rs 415.
PN Vijay, Portfolio Manager feels that there are other sectors to be contrarian and not textiles.
Rahul Mohinder of Veeratech India.com feels that Raymond can go upto Rs 380-385.
Raymond can test Rs 450, says Rajen Shah, CIO of Angel Broking.
Most of textile stock had investment plans on the drawing board already. A lot of these like Raymond and Arvind had already shaved off the excess baggage from the business models, says Rajesh Jain, Independent Market Strategist.
Enter Raymond on dips, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking.
TTK Prestige and VIP remains attractive bet, says Vivek Mavani, Vice President & Senior Portfolio Manager, Brics Securities.
Raymond has target of Rs 300, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
Buy Raymond, says Harmendra Gandhi, Research Analyst at Nomura.