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
Aashish Tater of fortunewizard.com feels that Videocon Industries may test Rs 200 and advises selling around that level.
One may hold on to Videocon and expects it to touch Rs 230-240, says Jagannadham Thununguntla, Strategist & Head of Research of SMC Global Securities.
Sharmila Joshi, Head of Equity of Peerless Securities advises to hold in Videocon Industries as they have been speaking of monetising this Mozambique asset and expects pecial dividend or a bonus.
Sharmila Joshi of Peerless Securities advised buying Sterlite Industries, GSPL, Videocon Industries and GMR Infrastructure.
Sharmila Joshi of Peerless Securities advised buying Sterlite Industries with a target price of Rs 96.50. Meanwhile, Parag Doctor of Keynote Capital advised buying Britannia Industries with a stoploss at Rs 700 and for a target price of Rs 750.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian of sptulsian.com shares trading strategy of the day.
Videocon Industries and Career Point are looking good at current levels, says SP Tulsian of sptulsian.com.
Aashish Tater, Head of Research at Fortunewizard.com says they have a target of Rs 240 to Rs 250 from medium-term perspective on Videocon Industries.
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.