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
In an interview to CNBC-TV18's Latha Venkatesh and Anuj Singhal, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Tata Motors, Mahindra and Mahindra, Prism Cement and Idea Cellular.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Axis Bank and Yes Bank on rally.
Rajat Bose of rajatkbose.com recommends selling Yes Bank and feels that one can carry forward Aurobindo Pharma as the stock may test Rs 867.
According to Chandan Taparia of Anand Rathi Securities, one can buy Yes Bank, Bharat Forge, Arvind and Hindalco Industries.
Both Deutsche Bank and Bank of America Merrill Lynch recommend buying the stock with target price of Rs 1400 and Rs 1590 per share respectively.
Citi says challenges faced in last two quarters by InterGlobe Aviation may ease as August passenger growth at 40 percent vs 24 percent YoY. Its market share increased to 39.9 percent from 35.4 percent in August 2015.
Ashwani Gujral of ashwanigujral.com recommends selling Hindustan Unilever and advises buying Yes Bank and Aarti Industries.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his views on the Reliance Communications-Aircel deal. He also shares his outlook on Yes Bank's stock after the bank called off its qualified institutional placement.
Ashwani Gujral of ashwanigujral.com is of the view that it is a good tome to build positions in private banks and feels that PSU banks are likely to do fairly well.
Sudarshan Sukhani of s2analytics.com recommends buying Bank of Baroda and Yes Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Exide Industries and sell Just Dial and DLF.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indiabulls Housing Finance and Yes Bank and sell Just Dial.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Biocon, Tata Chemicals and financial stocks and advises selling Mindtree.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Delta Corp and Cipla and sell India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying Aurobindo Pharma, Bharat Forge and Vedanta.
Prakash Gaba of prakashgaba.com is of the view that one can stay with Yes Bank as long as the stock holds above Rs 1240.
Ashwani Gujral of ashwanigujral.com is of the view that UltraTech Cement may test Rs 3,800-3,850 and feels that one can buy Yes Bank.
Speaking to CNBC-TV18 SP Tulsian of sptulsian.com shares his views on way forward for Cairn and Vedanta stocks after the latest development of LIC coming on board. He also spoke about other stocks like Spicejet, Yes Bank, Escorts, M&M among others.
Ashwani Gujral of ashwanigujral.com recommends buying Yes Bank and advises selling ONGC and UltraTech Cement.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Yes Bank, Apollo Tyres, PNB and pharma stocks and advises selling HDFC and ITC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Construction Company, Bajaj Finserv and Torrent Pharma and advises selling Indiabulls Housing and Cairn India.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today -- stocks expected to gain are HUL, Cox & Kings, Motherson Sumi, Reliance Communication, Bharti Infratel, IDBI Bank, Crompton Consumer, Cairn, Eros International while stocks expected to be under pressure are Yes Bank, TCS, SAIL, JSPL, Puravankara.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his view on auto stocks, what concerns him about Gujarat Flouro's business and whether Yes Bank will have to revise its QIP pricing to attract more investors and make it a success.