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 expectations from June quarter earnings are fairly muted. However, few surprises cannot be ruled out.
Morgan Stanley in its latest note on tactical ideas gives out a list of five names which they think could fall from current levels and some could well rise from here
ITC, Wipro, TCS and Titan, among others are being tracked by analysts on Tuesday.
Cummins, TCS and DB Corp, among others are on analysts' radar on Thursday.
According to Ashwani Gujral of ashwanigujral.com, one can buy Balrampur Chini, Kaveri Seed Company and Canara Bank and can sell M&M.
CLSA lowered earnings estimates for FY18-20 due to likely rupee strength and wage hikes.
TCS, Mahindra & Mahindra and BHEL, among others are being tracked by investors today.
Ashwani Gujral of ashwanigujral.com advises buy Escorts, LIC Housing and Can Fin Homes.
Ashwani Gujral of ashwanigujral.com advises buying Vedanta, HSIL and Brigade Enterprises.
Some quality names in IT and pharma are available at appealing valuations which are attracting smart money into these stocks.
Ashwani Gujral of ashwanigujral.com is of the view that Aditya Birla Money hit Rs 80 and advises not to go after pharma stocks.
Ashwani Gujral of ashwanigujral.com advises selling Hindustan Petroleum Corporation and Tata Consultancy Services.
TCS, Siemens, Godrej Properties and Naukri are on the radar of Kotak Securites
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9630-9580 and the resistance is at 9724 and he picks Hindustan Zinc, Nalco and TVS Motor as bullish plays and HDIL as a bearish play.
Ashwani Gujral of ashwanigujral.com bets on financials and avoid IT and pharma stocks. Buy JSPL and sell TCs and HDIL," he adds.
Brokerage cites expensive valuations, Tier-1 challenges, among others as reasons for weak outlook for the company.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian spoke about his readings and outlook on the market and specific stocks.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today - TCS, SBI, USL, Adani Enterprises, Cadila Health, Subros and Arvind Smartspaces.
According to Rajat Bose of rajatkbose.com, one can buy TCS, Hexaware Tech and Tata Elxsi and advises avoiding Infosys.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Capital, Reliance Infrastructure, Future Lifestyle Fashion, Motilal Oswal and EID Parry.
Rajat Bose of rajatkbose.com suggests buying Asian Paints, Motherson Sumi, Capital First and L&T Finance Holdings.
Mitessh Thakkar of mitesshthakkar.com recommends buying Tata Consultancy Services and Tech Mahindra.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9300-9280 and resistance at 9400 while Bank Nifty has support at 22400 and resistance at 22700.
Amit Gupta of ICICIdrect is of the view that one can buy Wipro 520 Call.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Consultancy Services and sell Just Dial and Interglobe Aviation.