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
Instead of looking at the Index, investors should focus more on stock specific opportunities and if you look for them, there are plenty available.
2017 was a dream year for midcaps, will the midcap run continue? And which are the stocks to bet on. In an interview to CNBC-TV18, Ravi Kataria, MD of Investment Imperative discussed some ideas.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Ashok Leyland.
Rajat Bose of rajatkbose.com feels that Ujaas Energy may move to Rs 87.
Market expert SP Tulsian believes that it is imperative to see the financial position of oil-related companies. He said that Deep Industries which provide gas compression services and has no relation with the crude price hike looks a good bet.
Indiabulls Housing, Shriram Transport, Oberoi Realty, Reliance Capital and Reliance Communications are major losers among BSE Midcap indices. Stocks those are in green among BSE Smallcap indices are VA Tech Wabag, Swan Energy, Ujaas Energy, Orbit Exports and Accelya Kale.
On Bharat Electrical Ltd (BEL), Prakash Diwan of prakashdiwan.in said, "If there is a little bit of a sell-off, you could probably buy into the stock and accumulate it".
Simi Bhaumik of simibhaumik.com advises selling Larsen and Toubro with a target of Rs 1210-1195.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Cipla, Jyothy Laboratories, DLF, NIIT, VRL logistics, Ceat, Caplin Point Laboratories & Ujaas Energy.
Sudarshan Sukhani of s2analytics.com recommends holding Ujaas Energy.