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
Kunal Saraogi of Equityrush advises buying UCO Bank with a target of Rs 43.
Holi being India's spring festival and as hopes springs eternal, CNBC-TV18 caught with three marketwallahs – Ambareesh Baliga, SP Tulsian and Prakash Diwan and asked them to pick stocks on occasion of Holi from a one-year perspective.
Ambareesh Baliga, Market Expert is of the view that one may pick Zicom, Goodluck Steel and Fineotex Chemical.
Rajat Bose of rajatkbose.com is of the view that one can buy Maruti Suzuki and Zicom Electronic Security Systems.
Here are top 10 stocks to focus on March 20 - Infosys, Asian Paints, Indiabulls Real Estate, IRB Infrastructure, Financial Technologies, Bharat Forge, UPL, Zicom, Indian Hotel and HMT.
Nooresh Merani of Analyse India recommends buying GIC Housing Finance with a target price of Rs 210 and Sterlite Technologies with a target price of Rs 90.
Kunal Saraogi of Equityrush recommends buying Rashtriya Chemicals and Fertilisers for a target price of Rs 74 and Power Finance Corporation for a target price of Rs 315.
Nooresh Merani of Analyse India recommends buying Zicom Security Systems with a target of Rs 180 and Texmaco Rail with a target of Rs 140-160.
Paras Bothra of Ashika Stock Broking recommends buying Castrol India for a target price of Rs 500 and Pidilite Industries for a target price of Rs 460.
Nooresh Merani of Analyse India expects Zicom Security Systems to move above Rs 170.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur, Investshoppe 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.