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
Prakash Gaba of prakashgaba.com recommends shorting Adani Power and Arvind.
Nomura downgrades stock to neutral with target cut to Rs 1778 from Rs 1873 per share. It expects price to equity valuation to remain above 20 times. It sees substantial improvement in US pipeline over next 12-18 months.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks and told why he has a positive stance on all pharma stocks for this coming month.
Sandeep Wagle of powermywealth.com is of the view that one can buy M&M Financial Services, Vedanta, Adani Power and Siemens.
Shahina Mukadam, Independent Market Expert is of the view that one may book profits in Adani Power.
Prakash Gaba of prakashgaba.com recommends going long in Granules India and feels that Adani Power may hit Rs 31.50.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Astra Microwave Products.
SP Tulsian of sptulsian.com has a positive view on cement space including Sagar Cements on the back on operating leverage of the company.
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 shared his views on his expectations of a revival in capital good sectors and why he is upbeat on BHEL. He also spoke on the positives from the APTEL order.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Infra, Adani Power.
Rakesh Bansal of RK Global advises buying NCC with a target of Rs 82.
Prakash Gaba of prakashgaba.com is of the view that JSW Steel is a safe bet and likes DLF.
Rakesh Bansal of RK Global recommends buying Asian Paints, Adani Power, ITC, L&T and SKS Microfinance.
Rakesh Bansal of RK Global suggests buying Manapparum Finance with a target of Rs 36.
Sharmila Joshi of sharmilajoshi.com is of the view that one may sell Bharat Forge with a target of Rs 1046.
Sudarshan Sukhani of s2analytics.com is of the view that Tata Steel may head lower.
Prakash Gaba of prakashgaba.com is of the view that one can short SAIL and Adani Power and feels that Biocon may hit Rs 410.
Prakash Gaba of prakashgaba.com recommends shorting Adani Power and feels that Arvind may test Rs 280.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy GAIL India and Adani Power.
Prakash Gabaof prakashgaba.com recommends going long in Pidilite Industries and advises shorting GAIL India and feels that Axis Bank looks weak.
Simi Bhaumik of simibhaumik.com is of the view that one can buy Ahluwalia Contracts, Capital First and Adani Power.
Rajat Bose of rajatkbose.com is of the view that Adani Power may hit Rs 39.50 while Jet Airways may test Rs 757.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Power.
Ambareesh Baliga of Market Expert is of the view that one may look at power stocks including NTPC, Tata Power, Reliance Power and Adani Power.
Adani Ports and Special Economic Zone can go up from here. It has given a minor breakout but as long as the minor breakout sustains, it can climb to levels closer to Rs 267 and stoploss is below Rs 257, says Prakash Gaba of prakashgaba.com.