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’s Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, Sandeep Shenoy of Pioneer Investcorp shared his readings and outlook on market and specific stocks.
United Spirits on the back of Supreme Court’s decision to ban alcohol on highways and Reliance Industries after extending its Jio Prime membership are on analysts’ radar today
According to Mitesh Thakkar of miteshthacker.com, Reliance Industries becomes a fresh buy.
In an interview to CNBC-TV18's Anuj Singhal and Reema Tendulkar, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks.
Chandan Taparia, Derivative & Technical Analyst, Motilal Oswal Securities recommends buying Larsen & Toubro and Zee Entertainment while he feels that the rally in Reliance Industries will continue on the upside.
Mitessh Thakkar of miteshthacker.com suggests buying Reliance Industries and ACC.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries.
Sudip Bandopadhyay, Market Expert is of the view that one can buy Reliance Industries with long term view.
Prakash Gaba of prakashgaba.com is of the view that one can sell HDFC Bank and Reliance Industries.
Ashwani Gujral of ashwanigujral.com suggests buying Bharat Electronics, Century Textiles and State Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries and Century Textiles and Industries.
In an interview to CNBC-TV18 Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs at IIFL shared his reading and outlook on the market.
According to Ashwani Gujral of ashwanigujral.com, one can sell JSPL and buy M&M Financial Services, Federal Bank, Biocon and Gujarat Fluorochemicals.
Ashwani Gujral of ashwanigujral.com is of the view that Reliance Industries may move to Rs 1400 and probably will pull up the market with it.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Industries and Adani Enterprises and sell Idea Cellular.
Ashwani Gujral of ashwanigujral.com suggests buying Schneider Electric, VIP Industries and Indiabulls Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying Jet Airways, Tata Elxsi, Indiabulls Housing, HPCL, BPCL and Indian Oil Corporation.
Prakash Gaba of prakashgaba.com is of the view that Reliance Industries looks weak and can slide to Rs 1220.
Ashwani Gujral of ashwanigujral.com suggests accumulating Delta Corp and advises looking at HCL Infosystems while he feels that Sobha looks good.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Industries at lower levels and prefers pharma.
Prakash Gaba of prakashgaba.com is of the view that Aurobindo Pharma may test Rs 710 while Nestle India can hit Rs 6350.
Rising liquidity in domestic MFs is one of the biggest factors in driving rally on D-Street which is trading at record highs.
According to Ashwani Gujral of ashwanigujral.com, HDFC may hit Rs 1600 while JSW Steel can head to Rs 230 and advises buying Jet Airways.
In an interview to CNBC-TV18, Deven Choksey, MD of KRChoksey Investment Managers shared his readings and outlook on specific stocks and sectors.
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.