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
The year will mark a significant deviation from the past when production had remained stagnant at about 12 million tonnes in the last five years. There are positive signs that SAIL is on a stronger growth trajectory.
Mitessh Thakkar of miteshthakkar.com is of the view that one can buy GAIL India and Kajaria Ceramics and sell HDFC, Reliance Infrastructure and MRF.
The idea behind creating ‘wealth’ is to find companies which can outperform benchmark indices in a Bull Run and contain damage when the equity markets decide to head south.
Mitessh Thakkar of miteshthacker.com suggests buying NMDC and Steel Authority of India.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Bata India, Steel Authority of India and HCL Infosystems and can sell Ceat and Escorts.
Current, trend is likely to remain positive and expected to continue towards 9,900-9,950 levels.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Bharat Forge and Century Textiles and can sell JSW Energy, Karnataka Bank and Godfrey Phillips.
Mitessh Thakkar of mitesshthakkar.com suggests buying Jain Irrigation, Chambal Fertilisers, Raymond and Steel Authority of India.
Punjab National Bank, SAIL, and Lupin among others are being tracked by analysts on Thursday.
Morgan Stanley expects SAIL to report an EBITDA loss in 1QF18, despite improved volumes.
With China cutting capacity and a material surge in Chinese exports unlikely, broking house expect domestic prices to remain firm, closer towards a floor price of USD 489/t.
Input costs were a key driver of steel prices, while iron ore prices should remain under pressure given weak fundamentals, according to Jefferies report.
Mitessh Thakkar of mitesshthakkar.com suggests selling RBL Bank, Zee Entertainment and advises buying Cholamandalam Investment and Dabur India.
Ashu Madan of Religare Securities has a positive view on Karnataka Bank but suggests avoiding Steel Authority of India.
Rajat Bos of rajatkbose.com suggests holding Ramco Cements.
Mitessh Thakkar of miteshthacker.com recommends selling Infibeam and Steel Authority of India.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Tata Steel while he feels that Apollo Tyres may test Rs 250.
VK Sharma of HDFC Securities advises buying Steel Authority of India (SAIL) 62.5 Call at Rs 1.5.
Ashwani Gujral of ashwanigujral.com
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Kotak Mahindra Bank, Bajaj Auto, Gujarat State Petronet and Sharda Cropchem and can sell SAIL.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Aurobindo Pharma and SAIL and buy Bajaj Auto while he feels that NBFCs are ripe for a major correction.
Torrent Power, Titan and SAIL are on its radar
Rajat Bose of rajatkbose.com is of the view that one may prefer ILandFS Engineering.
According to Sharmila Joshi of sharmilajoshi.com, one may prefer JSW Steel and Hindalco Industries.
United Spirits, Power firms, oil and gas, among others are on analysts' radar today.