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
GNFC is moving in a rational uptrend since March 2020. The upmove in the stock has been backed with good volume buildup indicating long participation in the counter.
Surpreme Petrochem is witnessing a breakout of the Bullish Flag formation to resume its classical uptrend where we can see a much higher level while Rs 980 is an immediate target.
Shitij Gandhi of SMC Global expects market to trade with bullish bias in the upcoming week as long as Nifty holds above 17,400-mark. Traders should use any dip to create fresh longs, he advises.
According to Sandeep Wagle of powermywealth.com, one may hold Supreme Petrochem.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ramco Cements and Supreme Petro and advises selling Indiabulls Real Estate.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy JSW Steel, LIC Housing Finance and Supreme Petrochem.
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Supreme Petro, Bank of Baroda and sell Shriram Transport.
Ashwani Gujral of ashwanigujral.com recommends buying Yes Bank, M&M and Supreme Petro.
Ashwani Gujral of ashwanigujral.com is of the view that oen may buy SKS Micro, M&M Financial and Supreme Petrochem.
Ashwani Gujral of ashwanigujral.com suggests buying Supreme Petrochem, Bharat Electronics and Arvind.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland, KEC International and Supreme Petro.
Deepak Shenoy of Capitalmind.in is of the view that Supreme Petro continues to remain attractive.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Supreme Petro, GSFC, Escorts.
Sandeep Wagle of powermywealth.com recommends buying Marico and Supreme Petro and advises selling Bharat Forge and Axis Bank.
According to Ashwani Gujral of ashwanigujral.com, one may buy Indiabulls Real Estate, Mindtree and Adani Ports.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Axis Bank, Thermax, Opto Circuits, Trident, Supreme Petro, Nucleus Software, Bharat Bijlee, SKS Micro and Ashoka Buildcon.
Watch for these stocks in trade today.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.