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 view that one can buy Adani Power on dips. "After a big gain Adani Power corrected mildly and on Friday it closed cheerfully, which suggests a shallow correction is over and it is going up" ,he adds.
Aashish Tater of FortuneWizard.com has recommended buy rating on Prestige Estate Projects, HeidelbergCement India and Zee Entertainment while he maintained sell rating on Oracle Financial and Adani Power.
Sudarshan Sukhani of s2analytics.com said one should buy Adani Power on dips. “The charts are excellent, it has built a large base and broken out of it,†he reasoned.
Pankaj Jain of Sunteck Wealthmax advised going long in Thomas Cook, Adani Power, IVRCL and INOX Leisure.
Sudarshan Sukhani of s2analytics.com said he would be a buyer in Adani Power on every dip.
Aashish Tater of FortuneWizard.com advised going long in Crompton Greaves with a target price of Rs 106 and going short in Divis Labs with a target price of Rs 1040.
Manas Jaiswal of manasjaiswal.com has recommended a buy rating on Adani Power and Dena Bank.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Rajeev Agarwal of www.dynamixresearch.in and Arunesh Madan of Augment Investment, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Rahul Mohindar, Director of viratechindia.com feels that one can buy Adani Power with a stop loss of Rs 45. The stock has a a clear resistance of Rs 51.
SP Tulsian of sptulsian.com is of the view that one should exit Adani Power around Rs 51-52.
Sudarshan Sukhani, s2analytics.com advises to prefer Adani Power as it is looking good at current levels.
One can buy Adani Power, says Sudarshan Sukhani of s2analytics.com.
SP Tulsian, sptulsian.com advises to short Adani Power around Rs 47.
Adani Power may slip further from current levels, says Jagannadham Thununguntla, Head of Research, SMC Global.
On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni Angel Broking, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, Vibrant Trades share, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Adani Power may test Rs 50-52, says Ashu Madan, President - Core Client Group, Religare Securities.
Aashish Tater, Head of Research, Fortunewizard.com is of the view that one should exit Adani Power even at current level. On the upside, the stock can touch Rs 50-52.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, manasjaiswal.com, Manav Chopra, Nirmal Bang and Rakesh Gandhi, FRR share, place their bets on two stocks each, thus offering investors a variety of options to choose from.
In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal, Swadeshi Credits 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.
Sanjeev Agarwal, CEO, Dynamix Research & Capital Management suggests to exit Adani Power on any strong upside, still if one gets it and buy it back again around Rs 40.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, manasjaiswal.com, Manav Chopra, Nirmal Bang and Rakesh Gandhi, FRR share, place their bets on two stocks each, thus offering investors a variety of options to choose from.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.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, Lancelot D Cunha, ITI Wealth Management shares trading strategy of the day.