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
Amit Harchekar of A PLUS Analytics recommends buying GE Shipping, Axis Bank and REC.
SP Tulsian of sptulsian.com has a positive view on Power Finance Corporation and Rural Electrification Corporation with a long term view.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer PFC over REC.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may prefer Rural Electrification Corporation, Power Finance Corporation and Power Grid.
Jay Thakkar of CMT is of the view that one may buy Aditya Birla Nuvo with a target of Rs 2219.
Gaurav Bissa of LKP Securities recommends going long in Rural Electrification Corporation for a target of Rs 270-275.
Aditya Agarwal of Way2Wealth Securities recommends buying UPL and Crompton Greaves.
Here are a few top buzzing midcap stocks by CNBC-TV18's analysts for trade today - Vedanta, Zensar, Tata Steel, Motherson Sumi, Rural Electrification Corporation (REC), Power Finance Corporation (PFC), Tamil Nadu Newsprint and Papers Limited (TNPL), Arvind Infra, Bank of Baroda & Unichem Industries.
Manish Sharma of Destimoney Securities is of the view that one can buy Arvind and Kaveri Seed Company and sell Voltas and Rural Electrification Corporation.
Gaurav Ratnaparkhi of Sharekhan advises buying Mercator with a target of Rs 24.90.
Sudarshan Sukhani of s2analytics.com is of the view that one may see rally on the upside in Rural Electrification Corporation and Power Finance Corporation.
CA Rudramurthy BV of Vachana Investments advises buying Shipping Corporation with a target of Rs 82.
Amit Harchekar, Chief Technical Strategist at A Plus Analytics recommends going long in Reliance Capital and advises shorting TVS Motor Company and Rural Electrification Corporation.
Chandan Taparia of Anand Rathi Securities expects Rural Electrification Corporation to move towards Rs 265-270 if it manages to close above Rs 255-257.
According to Pritesh Mehta of IIFL, Rural Electrification Corporation may move to Rs 270.
Sudarshan Sukhani of s2analytics.com recommends selling Rural Electrification Corporation.
CA Rudramurthy BV of Vachana Investments advises buying UFO Moviez India with a target of Rs 640.
Sudarshan Sukhani of s2analytics.com recommends buying Bharat Petroleum Corporation and Rural Electrification Corporation and advises selling Jindal Steel & Power.
Sudarshan Sukhani of s2analytics.com recommends selling Oriental Bank of Commerce and feels that PSU banks remain a short selling idea.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Rural Electrification Corporation if the stock breaks below Rs 265.
Sudarshan Sukhani of s2analytics.com recommebds selling Rural Electrification Corporation as the stock may head lower.
Sameet Chavan of Angel Broking advises buying Rural Electrification Corporation with a target of Rs 310.
Sameet Chavan of Angel Broking recommends buying Axis Bank with a target of Rs 622 and likes Rural Electrification Corporation. "One may see Bank of Baroda slide towards Rs 144," he adds.
According to VK Sharma of HDFC Securities, one can buy Rural Electrification Corporation 300 Call and sell 310 Call.
According to Kunal Bothra of LKP, one may buy Jubilant Life Sciences with a target of Rs 225.