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
The reaction to the US-China trade war on equity markets was nothing short of a bloodbath. Asian markets plunged while back home Sensex and Nifty recorded a cut of over 1 percent. The rout witnessed by the Indian market on Friday has eroded Rs 1.57 crore of investor wealth.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Cummins India and RCF and can hold Reliance Industries.
Gaurav Ratnaparkhi of Sharekhan advises selling IDFC Bank with a target of Rs 53.50.
Sandeep Wagle of powermywealth.com is of the view that one may exit Unitech and prefer Indiabulls Real Estate.
Shahina Mukadam, Independent Market Expert advises exiting Unitech.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on specific stocks.
According to Sharmila Joshi of sharmilajoshi.com, one may exit Unitech.
Vijay Chopra of enochventures.com is of the view that one may sell Unitech on rallies.
Ruchit Jain of Angel Broking advises buying Rural Electrification Corporation (REC) with a target of Rs 174.
Sandeep Wagle of powermywealth.com is of the view that Unitech may test Rs 5.5.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today.
According to Hemen Kapadia of KRChoksey Securities, one may avoid Unitech and pick Siemens.
Manoj Murlidharan of Religare Securities is of the view that one may avoid Unitech.
Ashish Chaturmohta, Head-Technicals and Derivative Research at Fortune Group recommends shorting Indiabulls Real Estate as the stock may crack below Rs 36.
Ashu Madan of Religare Securities advises exiting Unitech.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Vedanta, Cairn India, Bharat Forge, Havells, Sun TV, Nestle, Tata Steel, Cipla, Unitech & KEC.
Market Expert, Shahina Mukadam is of the view that one may exit Unitech on bounce.
CNBC-TV18‘s Varinder Bansal gives a check on the best & worst performing stocks in this last one year of Modi government.
Manas Jaiswal of manasjaiswal.com is of the view that Unitech may test Rs 12.50.
Manas Jaiswal of manasjaiswal.com recommends shorting Jaiprakash Associates and Unitech.
Manish Hathiramani of Deen Dayal Investments recommends selling Aditya Birla Nuvo, CESC and Unitech.
Here are top 10 stocks to focus on March 16 - Here are top 10 stocks to focus on March 16 - Idea, Unitech, SBI, DLF, Fortis, JP Associates, PNB, UCO, HDFC and Allahabad Bank.
Rahul Mohindar, technical analyst at viratechindia.com is of the view that Unitech may touch Rs 21-22.
Here are top 10 stocks to focus on March 10 - HUL, Unitech, ICICI Bank, Bharti Airtel, Idea Cellular, HSIL, Pipavav Defence, Dish TV, Gujarat Fluorochem and Monnet Ispat.
Here are top 10 stocks to keep an eye on March 9 - TCS, CIPLA, Unitech, JSPL, Hindalco, Ambuja Cement, Monet Ispat L&T, Pipavav Defence and Mindtree. Our research team is also tracking - Repco Home Finance, Dewan Housing, Gruh Finance and Power Grid and Concor.