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
"Last week, the index was able to reclaim 11,350 on a closing basis," experts said
Rajesh Agarwal of AUM Capital recommends buying Indo Count Industries with stop loss at Rs 83 and target of Rs 90, Axis Bank with stop loss at Rs 560 and target of Rs 595 and Reliance Nippon Life with stop loss at Rs 262 and target of Rs 278.
Jay Thakkar of Anand Rathi Securities advises buying Redington with a target of Rs 205.
Sector rotation is likely to continue further as derivative data indicates bullish scenario to continue. The Nifty has multiple supports at lower levels around 10,200 and 10,100 spot levels, says Shitij Gandhi of SMC Global Securities.
Structurally, the index has concluded a healthy corrective phase over the last month within the larger degree uptrend.
Vijay Chopra of enochventures.com feels that Redington may test Rs 135-150.
Sameet Chavan of Angel Broking is of the view that one may buy SAIL with a target of Rs 49.
Jay Thakkar of Sharekhan recommends buying Allahabad Bank with target of Rs 82.20 and Eros International with a target of Rs 239.80.
Shahina Mukadam, Independent Market Expert advises buying Gateway Distriparks with a target of Rs 270.
Check out the stocks that are buzzing the most today – Maruti, Asian Paints, NCC, GSFC, Bombay Dyeing, Aban Offshore, GHCL & Redington.
Dharmesh Kant of India Nivesh Securities advises buying LIC Housing Finance for a target price of Rs 460 and Sintex Industries for a target price of Rs 102.
Paras Bothra of Ashika Stock Broking recommends buying Arvind for a target price of Rs 320 and Hexaware Technologies for a target price of Rs 250.
Nooresh Merani, CEO of Analyse India recommends accumulating Redington with a target of Rs 140-150.
Gautam Chhaochharia, Head of mid-cap research at UBS India said they like Bajaj Electrical, Redington and Exide in the midcap space.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, sharmilajoshi.com shares trading strategy of the day.
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.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, Fort Share Broking shares trading strategy of the day.
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.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, Fort Share Broking shares trading strategy of the day.
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.
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.
Buying opportunity seen in GTL, says Sudarshan Sukhani, s2analytics.com.
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.
Sudarshan Sukhani, s2analytics.com is of the view that one can sell Ranbaxy Laboratories on rally.
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.