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
There could be some kind of weakness or profit-booking in the coming sessions, followed by high possibility of consolidation and volatility, before showing any upward direction towards 18,000 mark, experts said
Vishal Malkan of malkansview.com is of the view that one may buy Bata India with a target of Rs 745.
Vishal Malkan of www.malkansview.com advises buying Dewan Housing Finance Corporation with a target of Rs 550.
Paras Bothra of Ashika Stock Broking is of the view that one can buy Mahindra CIE Automotive for a target price of Rs 270 and Aegis Logistics for a target price of Rs 550.
Kunal Saraogi of Equityrush recommends buying Allcargo Logistics for a target price of Rs 350 and Jindal SAW for a target price of Rs 104.
Paras Bothra of Ashika Stock Broking recommends buying Ucal Fuel Systems for a target price of Rs 150 and Transport Corporation of India for a target price of Rs 320.
Paras Bothra of Ashika Stock Broking is of the view that one can buy ALSTOM India for a target price of Rs 650 and Dewan Housing Finance Corporation for a target price of Rs 480.
Kunal Saraogi of Equityrush recommends buying Rashtriya Chemicals and Fertilisers for a target price of Rs 74 and Power Finance Corporation for a target price of Rs 315.
Paras Bothra of Ashika Stock Broking is of the view that one can buy Jindal Poly with a target of Rs 395 and Pidilite Industries with a target of Rs 460.
Paras Bothra of Ashika Stock Broking recommends buying Castrol India for a target price of Rs 500 and Pidilite Industries for a target price of Rs 460.
Rahul Mohinder, Technical Analyst at viratechindia.com feels UCAL Fuel could be a good bet in the short term. He advised buying the stock with a target of Rs 86-87.
Super Six, a new show started by the CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.