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
"Traders are advised to remain light and stick to a stock-centric approach by following strict stop losses," said Sameet Chavan, Chief Technical & Derivatives Analyst at Angel Broking.
The Nifty Midcap index is on the verge of breaking out on the long-term chart, and any level above 17340 in the Nifty Midcap Index would result in a long-term downward sloping channel breakout.
Experts are positive on the market in the medium to long term, especially after recent government measures
Investors’ focus should be on stocks that are fundamentally sound, are displaying earnings momentum, have a margin of safety and good corporate governance standards
According to experts, the volatility is here to stay for some more time and another 4-5 per cent correction can't be ruled out.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bajaj Finserv and buy Century Textiles and Industries and Indraprastha Gas while he recommends holding Tata Metaliks.
Vijay Chopra of enochventures.com feels that Tata Metaliks may move to Rs 750-780.
Prakash Gaba of prakashgaba.com feels that Tata Metaliks may test Rs 800.
Dolly Khanna, along with her husband Rajiv Khanna who has been her investment advisor, raised stake in 9 out of 20 stocks in her portfolio. She booked profits in 8 stocks while maintained a stake in 3 companies.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Prakash Gaba of prakashgaba.com suggests buying Indiabulls Housing Finance around Rs 900 and advises holding Tata Metaliks.
Prakash Gaba of prakashgaba.com suggests shorting Ambuja Cements and advises buying Tata Metaliks.
Vijay Chopra of Enoch Ventures is of the view that one can buy Everest Kanto Cylinder with a target of Rs 42 and Sterlite Tech with a target of Rs 112.
Krish Subramanyam of Altamount Capital is of the view that one may buy Tata Communications, Bharti Infratel and IDFC.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Vedanta with a long term perspective.
Prakash Gaba of prakashgaba.com is of the view that one may hold Tata Metaliks.
Jai Bala of Cashthechaos.com has a bullish view on auto space including Maruti Suzuki with a target price of more than Rs 5800.
Avinash Gorakshakar, Market Expert feels that one may see 12-15 percent upside in Tata Metaliks.
Watch the interview of SP Tulsian of sptulsian.com with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Manish Sharma of derivativetradingresearch advises buying Sun TV with a target of Rs 378.
Vijay Chopra of enochventures.com is of the view that one may pick L&T Financial Holdings and Tata Metaliks.
Vijay Chopra of enochventures.com is of the view that one may exit Bhushan Steel and prefer Tata Metaliks.
Jai Bala of cashthechaos.com is of the view that one may pick Tata Metalliks.
Vijay Chopra of enochventures.com advises buying Indraprastha Gas with a target of Rs 570.
Kunal Saraogi, Equityrush advises buying Jain Irrigation for a target price of Rs 83 and Ashok Leyland for a target price of Rs 46.