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
Here are top 10 stocks to watch on November 5 - JSPL, Thermax, Aban, IOB, Greaves Cotton, Guj Pipavav, Peninsula Land, Hitachi Home, Wockhardt and Torrent Power.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Thermax.
Shares of Voltas soared 2.56 percent on improved ordering environment to improve in GCC nations by end of FY15. Analysts believe the stock is likely to benefit from upswing in residential as well as commercial real estate.
Pankaj Jain of Sunteck Wealthmax advises buying M&M Financial Services for a target price of Rs 293 and IRB Infrastructure for a target price of Rs 112.
Kunj Bansal of Centrum Wealth Management is of the view that one may prefer Thermax on any correction around Rs 600-610-620 levels.
Gopi Suvanam, Founder of InvestWorks is of the view that one may sell Crompton Greaves.
Amit Dalal, ED at Tata Investment Corporation advises to prefer Thermax.
Venkatesh B, Equity Analyst at Citi India is bearish on BHEL, BGR Energy Systems and Thermax. He recommends selling these stocks.
Amol Rao, Analyst at Anand Rathi Institutional Equities is very positive on Thermax. He said the stock has a target of around Rs 661.
Moneycontrol.com got AK Prabhakar, senior VP-equity research, Anand Rathi to answer the stock queries you sent us on our Facebook page as part of KYI (Know Your Investment). Check out his comments.
Brokerage house Espirito Santo feels buying capital goods at these prices is like catching a ‘falling knife‘, as there is no visible sign of improvement in order flows.
Thermax may slip to Rs 560, says SP Tulsian, sptulsian.com.
SP Tulsian of sptulsian.com, says that the results of Thermax will not disappoint but it will not be too exciting because the company has been maintaining flat numbers for last three quarters and the trend is likely to continue.
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.
Vibhav Kapoor, IL&FS is negative on BHEL as lot of pressure on margins side is going to come.
BHEL may rally to Rs 335- 340 in next couple of weeks, says SP Tulsian, sptulsian.com.
SP Tulsian, sptulsian.com analyses, why the share price of BHEL is moving up.
Investors can stay invested in Thermax, says Jagannadham Thunuguntla, Strategist & Head of Research, SMC Global Securities.
Buy Thermax at current levels, says Sudip Bandyopadhyay, MD & CEO, Destimoney Securities.
SP Tulsian, sptulsian.com shares his view on Siemens and Crompton Greaves.
Prefer BGR Energy, Thermax over BHEL, says SP Tulsian, sptulsian.com.
SP Tulsian, sptulsian.com is positive on Crompton Greaves and JSW Steel.
Crompton Greaves may rally upto Rs 150, says SP Tulsian of sptulsian.com.
SP Tulsian, sptulsian.com advises to pick Hero Motocorp and Thermax on Muhurat trading day.
Buy Thermax at Rs 431, says Madhumita Ghosh of UNICON.