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 carnage in midcap and smallcaps is a buying opportunity in select stocks
In terms of returns, the BSE Midcap and Smallcap indices saw a cut of 11 percent and over 14 percent so far in 2018, compared to an over 1 percent return in the Sensex.
Traders can accumulate the stock in a range of Rs 1,160-1,170 levels for the upside target of Rs 1,300 and a stop loss below Rs 1,080.
Here is a list of top three stocks which could give up to 13% return in the short term.
Sameet Chavan of Angel Broking suggests buying MCX India with a target of Rs 855.
Ruchit Jain of Angel Broking is of the view that one may buy NIIT Technologies with a target of Rs 681.
IRB Infra, CESC and Rain Industries, among others, are being tracked by investors on Thursday.
Bank Nifty was marginally in the green, up 0.12 percent but the stock which zoomed was Federal Bank that zoomed 5.38 percent after the company declared strong Q2 numbers while ICICI Bank was up 1 percent.
Sumeet Jain of Destimoney Securities is of the view that one may buy Thermax with a target of Rs 1010.
Indiabulls Housing, Thermax and steel, among others, are being tracked by investors on Thursday.
The expansion plans/investments in new areas to reduce dependence on traditional businesses continued. The company is seeing nascent signs of recovery. Should investors put the stock back on their radar?
Prestige Estates, Thermax, and United Spirits, among others are on the radar of investors on Thursday
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
In an interview to CNBC-TV18's Prashant Nair and Ekta Batra, Dilip Bhat, Joint MD of Prabhudas Lilladher shared his reading and outlook on the market and also gave recommendations on various stocks.
In an interview to CNBC-TV18, Ambareesh Baliga, Independent Market Expert shared his readings and outlook on specific stocks and sectors.
The broking firm highlights the fact that the national Manufacturing Policy of 2011 has not helped arrest the decline in the manufacturing sector‘s share.
Rajat Bose of rajatkbose.com advises buying Aurobindo Pharma with a target of Rs 909.
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.
Manish Sharma of Destimoney suggests selling DLF with a target of Rs 102.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer Larsen and Toubro, Thermax or ILandFS Transportation Networks.
Watch the interview of Sharmila Joshi of sharmilajoshi.com who shared his readings and outlook on specific stocks and sector & Feroze Azeez of Anand Rathi Financial Services answered few personal finance queries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Thermax.
Sudarshan Sukhani of s2analytics.com recommends going long in Thermax and Voltas.
Ajay Bodke of Prabhudas Lilladher is positive on Federal Bank, Cummins India, Thermax and Ashoka Buildcon.
Sudarshan Sukhani of s2analytics.com recommends buying Thermax.