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
Here is a list of top five stocks to buy based on technical factors in the short term.
In an interview to CNBC-TV18 technical analyst, Ashwani Gujral of ashwanigujral.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Acccording to Ashwani Gujral of ashwanigujral.com, one can buy Escorts and Jubilant Life Sciences and sell Sun TV Network.
Ashwani Gujral of ashwanigujral.com
Ashwani Gujral of ashwanigujral.com suggests buying SRF, Can Fin Homes and PVR and expects level of Rs 1000 in Tata Sponge.
Ashwani Gujral of ashwanigujral.com recommends buying DLF, Reliance Infrastructure and Reliance Capital.
In an interview to CNBC-TV18, Yogesh Radke of Edelweiss Securities shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Industries on every dip and feels that Indiaabulls Housing Finance may head higher.
From Reliance Industries to UltraTech Cement, brokerage houses have them on the radar based on their earnings, among other factors.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Dipan Mehta, Member, BSE & NSE shared his reading and outlook on the market and also gave recommendations on various stocks.
Reliance Industries stock posted negative returns in the past four quarter post results.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Lupin and BPCL and buy Reliance Industries.
Ashwani Gujral of ashwanigujral.com recommends selling Bank of Baroda, State Bank of India and Bank of India.
Ashwani Gujral of ashwanigujral.com suggests buying NTPC and sell Sun Pharmaceutical Industries and ITC.
When RIL gets into free cash flow phase, the stock price tends to rise very sharply, says Jal Irani, Oil & Gas Analyst, Edelweiss Financial Services.
Sandeep Wagle of powermywealth.com is of the view that one can buy M&M Financial Services and sell Cipla while he feels that Reliance Industries may test Rs 2200 in 12-15 months.
Ashwani Gujral of ashwanigujral.com recommends buying ITC, Reliance Industries and Bharat Electronics and feels that UPL may head to Rs 900.
From TCS, Coal India to Reliance, a look at what brokerages are talking about these stocks.
Sudarshan Sukhani of s2analytics.com is of the view that Magma Fincorp is giving signs of a major uptrend and is an investing idea.
Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal Securities recommends buying Reliance Industries, Indiabulls Housing Finance and GAIL India.
Ashwani Gujral of ashwanigujral.com recommends buying JM Financial, Reliance Industries, Ceat, Dewan Housing Finance and Tata Chemicals.