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
Prakash Gaba of prakashgaba.com is of the view that Gati can climb to Rs 145 while Biocon can slip to Rs 920.
Sandeep Wagle of powermywealth.com recommends selling ACC and Asian Paints.
In an interview to Latha Venkatesh, Sonia Shenoy and Anuj Singhal on CNBC-TV18, Deven Choksey of KRChoksey Investment Managers shared his reading and outlook on market and specific stocks.
Chandan Taparia of Anand Rathi Securities recommends buying ONGC, Tata Steel and Asian Paints.
Ashwani Gujral of ashwanigujral.com recommends selling Union Bank of India and Ajanta Pharma and advises selling Asian Paints.
According to Sudarshan Sukhani of s2analytics.com, one can sell NIIT Tech and buy Reliance Capital and Asian Paints.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Asian Paints and India Glycols.
Ashwani Gujral of ashwanigujral.com suggests buying Asian Paints, Escorts and Mahindra & Mahindra Financial Services.
According to VK Sharma of HDFC Securities, one may buy Asian Paints 1200 Call.
Ashwani Gujral of ashwanigujral.com advises buying Bajaj Finance, Reliance Capital, Asian Paints, Amara Raja Batteries and Shriram Transport.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Amara Raja Batteries and Asian Paints and sell Lupin.
Mitesh Thacker of miteshthacker.com recommends buying HDFC Bank, Asian Paints, BPCL, TVS Motor and IFCI and likes HDFC while advises selling Marico.
Here are brokerage firms' views on 16 stocks. Bank of America Merrill Lynch has initiated buy rating with target at Rs 1450 percent indicating 23 percent potential upside. It says Kesh King-led drag behind; upside risk from the global business. The stock is re-rated over time and robust growth to provide support.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints, Zee Entertainment and Lupin and advises selling BEML and CESC.
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.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints.
Ashwani Gujral of ashwanigujral.com is of the view that one can get into Delta Corp.
Sandeep Wagle of powermywealth.com is of the view that one can buy Asian Paints, UltraTech Cement and IndusInd Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints and Exide Industries.
Mitesh Thacker of miteshthacker.com recommends buying Asian Paints and Exide Industries.
Rajat Bose of rajatkbose.com recommends buying Biocon and feels that Asian Paints and Pidilite Industries are multibaggers in the process.
SP Tulsian of sptulsian.com shared his views on which cement stocks to look at and the rationale behind his bullishness on RBL Bank IPO.
Chandan Taparia of Anand Rathi Securities is of the view that one may buy Arvind, Bata India and Bharti Airtel and sell Asian Paints.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Uflex and Capital First and sell Asian Paints.
Chandan Taparia of Anand Rathi Securities recommends buying TVS Motor, Bata India and Motherson Sumi and advises selling Asian Paints.