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
Sandeep Wagle, Founder & CEO at powermywealth.com recommends buying Adani Ports, Arvind and advises selling Apollo Tyres.
Mitessh Thakkar of miteshthacker.com recommends selling Ceat and Arvind.
Chandan Taparia of Anand Rathi Securities is of the view that one may buy Castrol India and Arvind and advises selling Apollo Tyres and ITC.
Prakash Gaba of prakashgaba.com likes Arvind with target of Rs 398 while Bharti Infratel looks weak for target of Rs 337.
Ashwani Gujral of ashwanigujral.com suggests selling Tata Steel and advises buying Arvind and Tata Communications while he feels that United Spirits may test Rs 3000.
Nomura maintains buy call on Maruti with target price increased to Rs 6922 from Rs 6576 per share. It has raised volume estimated by 6 percent/ 5 percent/ 4 percent for FY17/18/ 19 on lower demonetisation impact. It sees a strong volume CAGR of 13 percent over FY17-19.
SP Tulsian of sptulsian.com is positive on banks and his prime picks are Yes Bank, Kotak Mahindra Bank and RBL Bank. He also expects a path breaking Budget this time.
Rakesh Bansal of RK Global advises buying NHPC with a target of Rs 33.
According to Mitessh Thakkar of miteshthacker.com, one can buy Kotak Mahindra Bank and Arvind.
Ashwani Gujral of ashwanigujral.com recommends buying Rashtriya Chemicals and Fertilisers, Delta Corp, Arvind, KRBL and NMDC.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Canara Bank with a target of Rs 287.50.
Ashwani Gujral of ashwanigujral.com recommends buying Arvind, Rashtriya Chemicals and India Glycols.
According to Sandeep Wagle of powermywealth.com, one may buy UPL and Arvind and sell Ceat while Infosys may move to Rs 1,050-1,060.
Ashwani Gujral of ashwanigujral.com suggests selling India Cements and State Bank of India and advises buying Arvind.
Sandeep Wagle of powermywealth.com is of the view that one can buy UPL and Arvind and advises selling Apollo Tyres.
According to Mitesh Thacker of miteshthacker.com, one can sell Glenmark Pharma and buy Arvind.
JP Morgan stays neutral on TCS with target of Rs 2450 per share as company has shown weakness in revenue growth trajectory in recent quarters.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities is of the view that one can buy Arvind and sell Amara Raja Batteries.
According to Ashwani Gujral of ashwanigujral.com, one can buy Indraprastha Gas, Tata Chemicals, India Cements, L&T Finance Holdings and Arvind.
Ruchit Jain of Angel Broking is of the view that one may buy Adani Enterprises with a target of Rs 85.
Sandeep Wagle of powermywealth.com suggests buying Arvind and Indraprastha Gas and advises selling Engineers India.
Sandeep Wagle of powermywealth.com is of the view that one can buy Arvind and Havells India and advises selling NIIT Technologies.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Arvind, Bank of India and Tata Communications and buy Mindtree and ACC.
Jay Thakkar of Sharekhan is of the view that one may buy BEML with a target of Rs 1001.
Mitesh Thacker of miteshthacker.com recommends buying BEML and advises selling Canara Bank.