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
Sumeet Jain of Destimoney Securities suggests buying Dabur India with a target of Rs 336.
Sudip Bandopadhyay, Market Expert recommends buying Arvind, HPCL and BPCL and is bullish on Tata Steel.
Ashwani Gujral of ashwanigujral.com recommends buying RCF, Future Consumer, L&T Finance Holdings, Bharat Petroleum Corporation and M&M Financial Services.
Sudarshan Sukhani of s2analytics.com recommends buying Aurobindo Pharma, State Bank of India and Arvind.
According to Mitessh Thakkar of mitesshthakkar.com, one may buy Cadila Healthcare, Indian Bank, ACC and Syngene and can sell Petronet LNG.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Asian Paints and DLF and can sell Arvind and GAIL India.
Ashwani Gujral of ashwanigujral.com is of the view that United Spirits and ITC should move higher and has a buy on Avanti Feeds and sells on GAIL India and Arvind.
Research firm Credit Suisse has maintained an outperform rating on Arvind and has raised its target price to Rs 450, a 26 percent upside from the current level.
UltraTech Cement, MindTree, and pharmaceutical sector, among others, are being tracked by brokerage firms.
According to Sudarshan Sukhani of s2analytics.com, one can sell Hindalco Industries and Arvind and can buy Britannia Industries and Mindtree.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Reliance Capital, NBCC and Rain Industries and can sell Bajaj Finserv below Rs 4080.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Arvind and Torrent Pharmaceuticals and can buy Larsen & Toubro, Asian Paints and Hero MotoCorp.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today - Titan, Tata Elxsi, Arvind, Page Industries, Rupa, Lux, AB Fashion, Godrej Properties, Linde India,Vindhya Telelinks, Universal Cables, Relaxo Footwears and Swelect Energy.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bajaj Finance, IGL, Grasim Industries, Arvind and Bata India and sell NALCO.
Ashwani Gujral of ashwanigujral.com suggests selling Max Financial Services and Oriental Bank of Commerce and suggests buying Arvind.
Sandeep Wagle of powermywealth.com is of the view that one can sell Arvind and can buy Reliance Infrastructure.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Ports, DCB Bank and Bank of Baroda and can sell Interglobe Aviation and Arvind while he feels that Godfrey Phillips may test Rs 1550.
Amit Gupta, Head- Derivatives at ICICIdirect is of the view that one can buy Asian Paints 1160 Call and Voltas 430 Call while Arvind may hit Rs 455.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Arvind, Eicher Motors and Anant Raj and sell ITC and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com recommends buying Berger Paints, Arvind and Federal Bank.
We are entering a grinding period, where it is not easy to make money on index. So, wait for a clear move on the index and stick to stock specific ideas.
Vijay Chopra of enochventures.com advises buying IFCI with a target of Rs 34.50.
Sandeep Wagle of powermywealth.com suggests buying Arvind, Interglobe Aviation and Godrej Properties.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Arvind, EIL, Godrej Consumer and ONGC and can sell Equitas Holdings.
According to Mitessh Thakkar of miteshthacker.com, one can buy ACC, Arvind, Adani Enterprises and Indiabulls Housing Finance and sell Lupin.