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
Sudarshan Sukhani of s2analytics.com feels that Hindustan Lever and Asian Paints are likely to underperform the market.
Parag Thakkar of HDFC Securities is of the view that one can buy Asian Paints on correction of 7-8 percent.
Devang Mehta of Anand Rathi Financial Services is of the view that one can buy Asian Paints if the stock corrects by 5-7 percent.
Manish Sharma of Destimoney suggests selling DLF with a target of Rs 102.
Mayuresh Joshi of Angel Broking is of the view that one may look at Asian Paints on declines.
According to Anu Jain of IIFL Private Wealth Management, Kansai Nerolac has a better chart than Asian Paints and Berger Paints.
Deven Choksey of KR Choksey Shares & Securities is of the view that one can add Asian Paints in portfolio on correction.
Parag Thakkar of HDFC Securities is of the view that Coal India is a buy on any dip.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have – PVR, JK Tyre, Apollo Tyres, Sanghi Industries, Bilt, Noida Toll Bridge, Cairn India, Vedanta, Asian Paints and Sintex Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints on dips or correction.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer Asian Paints.
Gaurav Ratnaparkhi of Sharekhan recommends buying Bank of India with a target of Rs 190 and Tata Motors DVR with a target of Rs 270.50.
So, as Indian market gets back to its feet again, here are 10 stocks that you can buy or sell as suggested by Ambit.
Gaurav Bissa of LKP Securities recommends buying Voltas and Century Textiles and Industries and advises selling Asian Paints.
According to Rajat Bose of rajatkbose.com, one may buy Asian Paints with a target of Rs 748-750.
Sachin Shah, fund manager at Emkay Investment Managers is of the view that Asian Paints is one of the strong consumer franchises from a long-term investor's perspective.
Mayuresh Joshi of Angel Broking advises to enter Asian Paints at around Rs 650-680.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints.
Rahul Mohindar of viratechindia.com is of the view that one may accumulate Asian Paints with a view of one year.
VK Sharma of HDFC Securities recommends buying Asian Paints 700 Put and sell 680 Put.
Gaurav Bissa, derivatives analyst at LKP Securities recommends selling Asian Paints as the stock may head lower and test Rs 690.
Sudip Bandopadhyay of Destimoney Securities has a bullish stance on Asian Paints.
Sanju Verma of Violet Arc Global Managers is of the view that one may prefer FMCG space including Dabur India, Hindustan Unilever, Marico and Asian Paints.
Jai Bala of 1857 Advisors is of the view that Coal India may test Rs 440.
Amisha Vora of Prabhudas Lilladher is of the view that Britannia Industries is the top pick.