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
Sudarshan Sukhani of s2analytics.com is of the opinion that one may buy Reliance Power.
Sharmila Joshi of Peerless Securities advised buying Alembic Pharma with a target price of Rs 168 and Escorts with a target price of Rs 80.
Sudarshan Sukhani of s2analytics.com says his pick would be Reliance Power. Reliance Power is a trade that one could be considering next week.
According to Sudarshan Sukhani of s2analytics.com, Reliance Power is giving a sense of bottoming out so one can prefer to go in it.
Manas Jaiswal of manasjaiswal.com suggests to go short on Jaiprakash Associates and UCO Bank.
Buy Reliance Power, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com advised taking short position in Reliance Power.
Vishal Malkan of malkansview.com advised buying Dr Reddys Labs and TCS. Meanwhile, Gaurav Ratnaparkhi of Sharekhan recommended selling Reliance Power and Future Retail.
Mithil Pradhan of Violet Arch Capital Advisors is advising clients to buy Reliance Infrastructure and sell Reliance Power.
SP Tulsian of sptulsian.com is negative on Reliance Communication and Reliance Power.
JK Jain of Karvy Stock Broking feels the selling pressure will continue in Reliance Power and Jaiprakash Associates. According to him, one can buildup short positions.
Vishal B Malkan of www.malkansview.com suggests selling Sun TV Network with a target of Rs 398 and Rs 394, while recommends buying TCS with a stop loss of Rs 1500 for target of Rs 1530 and 1540.
Britannia continues to be a buy for midcap investors. Bharti Airtel can be bought from a 12-18 month timeframe, recommends PN Vijay.
Aashish Tater of FortuneWizard.com has given a buy rating on PNB Gilts, while he is short on Aurobindo Pharma, Reliance Power and Indiabulls Real Estate.
Manas Jaiswal of manasjaiswal.com is bullish on TV Today Network and Colgate Palmolive (India), and recommended buy rating for both stocks.
Lancelot D Cunha of ITI Wealth Management advised buying Jet Airways with a target price of Rs 604 and selling LIC Housing Finance with a target price of Rs 257.
Rakesh Gandhi of FRR Share is bullish on KPIT Cummins Infosystems. He suggests buying the stock for an upward target of Rs 118 with a stop loss of Rs 104.
SP Tulsian of sptulsian.com has recommended sell rating on Adani Enterprises, Reliance Power and United Phosphorous.
Parag Doctor of Keynote Capital is bearish on Canara Bank, Reliance Comm, Reliance Power and has recommended sell rating on the stocks. However, he remains bullish on Jubilant Foodworks.
SP Tulsian, sptulsian.com recommends to sell Adani Enterprises, Reliance Power and United Phosphorous, while suggest to buy RCF.
Saurabh Mittal of Swadeshi Credits shares is bullish on Reliance Power, Delta Corp, HPCL, IOC and has recommended buy rating on the stocks.
One can buy Reliance Power, says Sudarshan Sukhani of s2analytics.com. One can see more upside in it, he adds.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Hemant Thukral of Aditya Birla Money give top pick for the day.
Sanjeev Agarwal, CEO, Dynamix Research & Capital Management is of the view that one should exit Reliance Power at around Rs 80-82.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater of fortunewizard.com shares trading strategy of the day.