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
In an interview to CNBC-TV18 Amit Gupta, Head- Derivatives at ICICI Direct shared his reading and outlook on the futures and options (F&O) side of the market.
Ashwani Gujral of ashwanigujral.com recommends buying Rural Electrification Corporation, Century Textiles and Torrent Pharma.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may sell Bajaj Finance with a target of Rs 1015.
Kunal Saraogi of Equityrush advises buying UPL with a target of Rs 725.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy TCS, Infosys, HUL, Rural Electrification Corporation and Shriram Transport Finance and sell JSPL.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Larsen and Toubro and IRB Infra and buy PFC.
Vishal Malkan of malkansview.com recommends selling Voltas with a target of Rs 375 and Jet Airways with a target of Rs 460.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Pidilite Industries, REC, Tata Motors and HSIL.
Sudarshan Sukhani of s2analytics.com recommends buying Rural Electrification Corporatio and BPCL and advises selling Bata India.
Here are a few stocks picked up by CNBC-TV18's analysts to focus today - stocks expected to gain are IGL, Vivimed Labs, Balaji Telefilms, ARSS infra, Motherson Sumi, Aurobindo Pharma, MPhasis and Tata Global Beverages while stocks expected to be under pressure are REC, Manpasand Beverages, Ahluwalia Contracts and Bajaj Finserv.
According to Ashwani Gujral of ashwanigujral.com, one may buy Zee Entertainment Enterprises and advises selling Rural Electrification Corporation.
Krish Subramanyam of Altamount Capital is of the view that one can buy IDFC 60 Call and sell 65 Call while in Rural Electrification Corporation one can buy September Futures and sell 240 strike Call.
According to Ashwani Gujral of ashwanigujral.com, one can buy Tata Global Beverage and PC Jeweller and sell DLF.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punj Lloyd, SRF, CESC, Petronet LNG, Power Finance Corporation, Oriental Bank of Commerce, Bank of India and HDFC Bank.
According to Mitesh Thacker of miteshthacker.com, one can buy Rural Electrification Corporation and IFCI.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NCC, Rural Electrification Corporation and Hindustan Petroleum Corporation.
Sandeep Wagle of powermywealth.com recommends buying Rural Electrification Corporation, IndusInd Bank and Container Corporation of India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Titan Company, NMDC and Rural Electrification Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Rural Electrification Corporation, Indraprastha Gas and Hindustan Petroleum Corporation.
Gaurang Shah of Geojit BNP Paribas is of the view that one may invest in Rural Electrification Corporation.
Avinash Gorakshakar, Market Expert is of the view that one may hold NTPC.
Ashwani Gujral of ashwanigujral.com recommends selling Rural Electrification Corporation and Jindal Steel & Power and advises buying Hindustan Unilever.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Finance, Punjab National Bank and Indraprastha Gas while he feels that Biocon may hit Rs 970.
According to Ashwani Gujral of ashwanigujral.com, one can buy UPL, Tamil Nadu Newsprint and Papers and Rural Electrification Corporation.
According to Rakesh Bansal of RK Global, one may buy Rural Electrification Corporation (REC) with a target of Rs 240.