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
Overall, the market trend is expected to remain positive despite occasional consolidation. Here are some trading ideas for the near term.
Prakash Gaba of prakashgaba.com is of the view that one may hold Jayshree Tea & Industries.
Stocks like Radico Khaitan, Globus Spirits, GM Breweries, Empee Distiller, Som Distilleries and Tilaknagar Industries surged anywhere between 5 percent and 15 percent from previous close.
Here are top 10 stocks to keep an eye on February 16 - Union Bank, BPCL, ONGC, Oil India, Hindalco, Suzlon, Sun Pharma, SBI, Bhushan Steel and Eicher Motor. Our research team is also tracking a host of other earnings reactions like Essar Shipping, Den Networks, Prime Focus, KSK Energy, Tilaknagar Industries, Dredging Corp, GMR Infra and JK Cement.
Here are the top 10 stocks that are expected to show smart moves today.
According to Rajesh Agarwal of Eastern Financiers, one may buy YES Bank with a target of Rs 319. He further advises buying Tilaknagar Industries with a target of Rs 67.
Saurabh Mittal, Director of Swadeshi Credits recommended buying United Spirits with a target price of Rs 2420 and Muthoot Finance with a target price of Rs 104.
Aashish Tater feels Sona Koyo‘s market cap will touch at least Rs 450 crore from the next 18 months perspective, which is roughly 100% from current levels. He says Tilaknagar Industries‘ first strategic tie-up with Pernod Ricard India is going to materialize in some kind of M&A deal, then the stock will be worth Rs 120-140.
According to Aashish Tater, Head of Research at Fortunewizard.com, if the M&A deal happens with Pernod Ricard India for high end spirits then Tilaknagar Industries may move to Rs 120-140.
Tilaknagar Industries can move to Rs 75 in next six months, says SP Tulsian of sptulsian.com. "The company's EPS rose to Rs 5 in FY13 and similar kind of growth is likely to continue in maybe next two-three years with 20-25 percent growth on the topline and bottomline," he adds.
SP Tulsian sees Tilaknagar Industries and Dalmia Bharat touching Rs 75 and Rs 150 respectively in next six months.
Sharmila Joshi, Head of Equity at Peerless Securities recommended holding Tilaknagar Industries.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur of Investshoppe shares trading strategy of the day.
Remain invested in Tilaknagar Industries. It may rally to Rs 90, says Sudarshan Sukhani, s2analytics.com.
Sudarshan Sukhani, s2analytics.com is of the view that one can buy Tilaknagar Industries on decline.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur, Investshoppe shares trading strategy of the day.
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.
Tilaknagar Industries has target of Rs 100, says Anil Manghnani, Modern Shares & Stock Brokers.
Buy Radico Khaitan, Empee Distilleries and Tilaknagar Industries with four-six months view, says SP Tulsian of sptulsian.com
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy of the day.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.
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.
Negative on series; Bet on Balrampur, DB Realty: Tulsian
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.