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
Wheels India can move to Rs 1000 in next six months, says SP Tulsian, sptulsian.com. This company is making the steel wheels for cars, utility vehicles, trucks, buses, tractors and construction equipments and this is in technical financial collaboration with Titan of Europe, he adds.
SP Tulsian of sptulsian.com is recommends investors to look at promising stocks like Repco Home Finance and Wheels India. He feels both these stocks have the potential to fetch huge returns in future.
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.
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.
Wheels India is a good long term bet, says SP Tulsian, sptulsian.com.
Wheels India has potential to move to Rs 500, says SP Tulsian of sptulsian.com.
Investment Advisor, SP Tulsian feels that Wheels India can test about Rs 315 in the next 6 to 8 months time.