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
Primary trend of Ugar Sugar Works has been bullish, as stock is holding above long-term moving averages.
Sharmila Joshi of sharmilajoshi.com is of the view that one may exit Ugar Sugar Works.
According to Mitessh Thakkar of mitsshthakkar.com, one may buy Ashok Leyland and MMTC.
According to Mitessh Thakkar of miteshthacker.com, one can buy Bajaj Auto, Rural Electrification Corporation and Reliance Industrial Infrastructure.
Prakash Gaba, Technical Analyst at prakashgaba.com is of the view that Ugar Sugar Works is looking weak.
According to Avinash Gorakshakar, Market Expert, one may prefer Dhampur Sugar and Balrampur Chini Mills.
HCL Technologies posted good Q1 (FY17) numbers. SP Tulsian of sptulsian.com said that although positive bias can be seen building up for guidance, one shouldn't take a call on a company on its quarterly performance. From technology pack, he prefers Infosys followed by HCL Technologies.
In an interview with CNBC-TV18, market expert SP Tulsian gave his views on Biocon, Asian Paints and various sugar stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy V-Guard Industries on declines at around Rs 1250-1300.
Sudarshan Sukhani of s2analytics.com recommends selling ICICI Bank and advises buying cements stocks on dips.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today.
Ugar Sugar Works can touch Rs 20, says SP Tulsian, sptulsian.com.
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.
Enter Shree Renuka around Rs 21- 22, says SP Tulsian, sptulsian.com.