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
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today- SKS Microfinance, Sun Pharma, Orient Cement, Nucleus Software, Nelco, Carborundum Universal, Federal Bank, JSPL, Hexaware Tech, Bharat Forge, Ricoh India, Dewan Housing & Just Dial.
Manish Sharma of derivativetradingresearch is of the view that one may buy L&T Finance with a target of Rs 78.
Gaurav Bissa of LKP Securities is of the view that one can buy Amara Raja Batteries with a target of Rs 1000 and Reliance Infra with a target of Rs 585.
Sudarshan Sukhani of s2analytics.com recommends selling United Breweries and Hexaware Technologies and feels that Narayana Hrudayalaya is a short term buy.
Manish Sharma of derivativetradingresearch is of the view that one may buy Voltas with a target of Rs 310.
Ashwani Gujral of ashwanigujral.com recommends buying Bharat Electronics Limited and feels that TTK Prestige may head higher.
Gaurav Bissa of LKP Securities recommends selling United Spirits and Hexaware Technologies and advises buying Mcleod Russel (India).
Ashwani Gujral of ashwanigujral.com recommends selling Bank of India and Hexaware Tech and advises buying M&M Financial Services.
Sudarshan Sukhani of s2analytics.com is upbeat on IT index and prefers Hexaware Technologies.
VK Sharma of HDFC Securities recommends buying Wipro 570, Hexaware Technologies 270 Call and Siemens 1100 Call.
Ashwani Gujral of ashwanigujral.com recommends buying Jet Airways, Hexaware Technologies and Petronet LNG.
Sudarshan Sukhani of s2analytics.com recommends buying Tata Steel and Vedanta.
Gaurav Bissa of LKP Securities is of the view that one may buy Hexaware Technologies with a target of Rs 285.
Jay Thakkar of Sharekhan suggests buying Welspun India with a target of Rs 990.
Dilip Bhat of Prabhudas Lilladher likes Hexaware Technologies and SpiceJet.
Sudarshan Sukhani of s2analytics.com recommends selling Arvind and advises buying Hexaware Technologies and HDFC Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Pipavav Defence, Sadbhav Engineering and Jet Airways.
Ashwani Gujral of ashwanigujral.com recommends buying Hexaware Technologies, Bank of Baroda, Tata Motors, SRF and YES Bank.
Gaurav Bissa of LKP Securities is of the view that one may buy Exide Industries with a target of Rs 140.
Ashwani Gujral of ashwanigujral.com recommends buying M&M Financials Services, Hexaware Technologies, Jai Corp and Chennai Petroleum.
Rakesh Bansal of RK Global is of the view that one may buy Apollo Tyres with a target of Rs 180.
VK Sharma, Head Private Broking & Wealth Management at HDFC Securities recommends buying Hexaware Technologies 260 Call.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Hexaware, Arvind and Sun Pharma.
Prakash Gaba of prakashgaba.com recommends going long in Britannia Industries and feels that Hexaware Technologies may hit Rs 246 and Zee Entertainment may test Rs 405.
Manish Sharma of derivativetradingresearch.com suggests buying Just Dial with a target of Rs 580.