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
According to SP Tulsian of sptulsian.com, one may buy TTK Prestige at Rs 3,150 and sell the stock at around Rs 3,650.
Given the kind of steady performance shown by TTK Prestige, one can see the stock going back to Rs 4000 level, says Sharmila Joshi of Peerless Securities.
Lancelot D Cunha, ITI Wealth Management is bullish on BGR Energy, Crompton Greaves, TTK Prestige and Jubilant Foodworks. He has recommended a buy rating on these stocks.
Pankaj Jain of Sunteck Wealthmax is bullish on Voltas, IVRCL, BEML, Heidelberg Cement and recommends buy rating on the stocks.
Aashish Tater, Head of Research, Fortunewizard.com advises to exit from TTK Prestige at current levels as there is limited upside in the stock.
SP Tulsian of sptulsian.com is of the view TTK Prestige may slip to Rs 3200-3250 that will make it a good entry point from a short-term point of view.
In CNBC-TV18's popular show Bull's Eye, Lancelot D Cunha, ITI Wealth Management shares trading strategy of the day.
Buy TTK Prestige, says Sudarshan Sukhani of s2analytics.com.
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.
TTK Prestige is a safer bet, if the results are good it may test Rs 3800, says SP Tulsian of sptulsian.com.
SP Tulsian of sptulsian.com told CNBC-TV18 that he is bullish on the Spicejet and Qatar Airway due to the Jet-Etihad deal which will be quite positive for the stock. Further Tulsian does not expect Reliance to post better numbers than Q2 and the upstream is going to be a disappointment.
In an interview to CNBC-TV18, Varun Lochab, director, Institutional Equities at Religare gives his predictions for the FMCG sector. "We are still fairly bullish on the growth prospects for these companies and we do not anticipate any major earning shocks out there," he says.
Kunal Bothra of LKP is of the view that one can go long on TTK Prestige with a target of Rs 3800.
Keep TTK Prestige in portfolio, says Saurabh Mukherjea, Head of Equities, Ambit Capital.
SP Tulsian, sptulsian.com advice traders to enter in TTK Prestige below Rs 3100.
Negative on series; Bet on Balrampur, DB Realty: Tulsian
TTK Prestige has good support around Rs 3250, says SP Tulsian, sptulsian.com.
SP Tulsian of sptulsian.com, says that he feels that the company will give positive surprise. In the Q1 the company reported a PAT of Rs 4500 crore and according to my calculation the PAT for this quarter will be Rs 5,380 crore, and the increase can be largely attributed to refining and petchem business.
TTK Prestige is a good contrarian bet, says SP Tulsian, sptulsian.com.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur of Investshoppe shares trading strategy of the day.
On CNBC-TV18's show Super Six, market gurus Vishal Kshatriya of Edelweiss, Arunesh Madan of Augment Investment and Rakesh Gandhi of LKP, place their bets on two stocks each, thus offering investors a variety of options to choose from.
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.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur of 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.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur, Investshoppe shares trading strategy of the day.