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
According to Mitesh Thacker of miteshthacker.com, one can buy NMDC and Strides Shasun.
Here are 9 stocks that brokerage firms' are bullish on. Morgan Stanley is overweight on Tata Motors with target price of Rs 585 per share. It expects volume to pick-up on XF launch in china & strong new discovery sales.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Strides Shasun and India Cements and buy Vedanta.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Coal India and Strides Arcolab.
Gaurav Bissa of LKP Securities recommends buying Strides Shasun, IDBI Bank and Mindtree.
Ruchit Jain of Angel Broking recommends buying Cox & Kings with target of Rs 214 and IPCA Labs with target of Rs 604.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Aurobindo Pharma, Stride Shasun and Torrent Pharma.
Ashwani Gujral of ashwanigujral.com recommends selling Strides Shasun and Larsen & Toubro.
In an interview to CNBC-TV18, Manoj Murlidharan of Religare Securities shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com recommends buying Arvind, UltraTech Cement and Edelweiss Financial.
Rakesh Bansal of RK Global suggests buying Indiabulls Housing Finance with a target of Rs 835.
CA Rudramurthy BV of Vachana Investments is of the view that NCC looks strong with a target of Rs 92 while he advises selling Strides Shasun.
Watch the interview of Mayuresh Joshi of Angel Broking with Latha Venkatesh, Anuj Singhal and Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Credit Suisse maintains outperform on Strides Shasun expecting recovery in H2FY17. It has cut estimates by 30 percent/22 percent in 2017/18 to factor in API weakness. It says margin may hit 20 percent in second half with recovery in Africa business.
Mitesh Thackerof miteshthacker.com recommends buying Vedanta and Reliance Capital and advises selling Hexaware Technologies.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Hindustan Petroleum Corporation and Strides Shasun and buy Tata Steel.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the fundamental side of the market as well as on specific stocks and sectors.
In an interview to CNBC-TV18's Anuj Singhal and Sonia Shenoy, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma, Lupin and Dr Reddy's Laboratories on declines.
Ashwani Gujral of ashwanigujral.com is of the view that Strides Shasun may test Rs 1350-1400.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks for the day and talked about the listing of Mahanagar Gas on the Indian bourse.
Ashwani Gujral of ashwanigujral.com recommends buying Strides Shasun, Axis Bank and Reliance Industries.
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.
I won‘t be surprised to see pharma as the story for July series and won‘t be surprised in seeing a big upsurge in all big pharma, said SP Tulsian.
SP Tulsian of sptulsian.com recommends going long in Lupin, Glenmark Pharma, Aurobindo Pharma and Strides Shasun.