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
According to Ashwani Gujral of ashwanigujral.com, one can buy Century Textiles, Jubilant Life Sciences and Raymond.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DLF and Indiabulls Housing Finance and buy Escorts.
Amit Harchekar of A Plus Analytics recommends buying Raymond and Radico Khaitan and advises shorting Glenmark Pharma.
Ashwani Gujral of ashwanigujral.com recommends buying Cholamandalam Investment, L&T Finance, Muthoot Finance, Finolex Industries and Raymond.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Cholamandalam Investment, Raymond and Elgi Equipments.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today - REC, NCC, Axis Bank, Bharti Infratel, Biocon, Synegene, Rallis, Maruti, Raymond, Gujarat Narmada Valley Fertilizers & Chemicals, Swaraj Engines, IDFC Bank & Agro Tech Foods.
Vishal Malkan of malkansview.com recommends buying Reliance Communications with a target of Rs 55 and Bata India with a target of Rs 540.
Jai Bala of cashthechaos.com feels that Century Textiles may test Rs 650-700.
Rajat Bose of rajatkbose.com is of the view that one may prefer Jet Airways from the aviation space.
Here are top 10 stocks picked up by CNBC-TV18's analysts in trade today - IDBI Bank, Indiabulls Real Estate, Marksans Pharma, Marico, NBCC, Sun Pharma, Interglobe Aviation, Cadila, HDIL, Eros International, Godrej Properties and Raymond.
Rakesh Bansal of RK Global advises buying Ashoka Buildcon with a target of Rs 212.
Aashish Tater of fortunewizard.com likes Raymond for a target of Rs 580.
Harendra Kumar of Elara Capital likes Indian Hotels Company and Cox & Kings.
Ashish Kyal of wavesstrategy.com is of the view that one can buy Raymond with a target of Rs 530.
Here are top 10 stocks to focus on April 6 - Idea Cellular, Aban Offshore, IGL, Reliance Infra, Tata Power, Sun Pharma, Coal India, TVS Motor, Hero Moto and Tata Motors.
Here are top 10 stocks to focus on March 19 - ICICI Bank, TVS Motor, BPCL, Wockhardt, Raymond, Bombay Dyeing, Oberoi Realty, Mangalore Chemicals, Deepak Fertilizers and GNFC.
Pankaj Jain of Sunteck Wealthmax is of the view that one can buy Eveready Industries and go long in Raymond.
Shahina Mukadam, Varun Capital advises buying TVS Motor Company for a target price of Rs 200 and Tata Global Beverage for a target price of Rs 158.
Paras Bothra, Ashika Stock Broking advises buying FDC for a target price of Rs 175 and Astra Microwave for a target price of Rs 150.
Akshata Deshmukh of Networth Capital recommends buying India Cements for a target of Rs 60 and Raymond for a target of Rs 291.
Dharmesh Kant, Indianivesh Securities advises buying Arvind for a target price of Rs 165 and Federal Bank for a target price of Rs 90.
Pritesh Mehta of IIFL recommends buying Raymond with a target of Rs 298.
The research desk at CNBC-TV18 gives a wrap on the reason to watch out for stocks like HDFC, Infosys, L&T, Raymond, Amara Raja, Biocon, M&M Financials, KPIT Technologies, Radico Khaitan and Coromandel Engineering
According to Shahina Mukadam of Varun Capital, one may sell Arvind with a target of Rs 103 and Indraprastha Gas with a target of Rs 277.
Manav Chopra of Nirmal Bang advises buying CESC for a target price of Rs 405 and SREI Infrastructure for a target price of Rs 24.2.