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
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market, and specific stocks and sectors.
Vishvesh Chauhan of Monarch Networth Capital advises buying NCC with a target of Rs 107.
Prakash Diwan of Altamount Capital Management is of the view that one can pick Indian Overseas Bank, Oriental Bank of Commerce and Andhra Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Sobha, DLF and Godrej Properties and feels that Andhra Bank may test Rs 85.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Andhra Bank, GAIL India and Shoppers Stop while sell Ambuja Cements and Tata Communications.
Sudarshan Sukhani of s2analytics.com advises buying Adani Power.
According to Mitessh Thakkar of miteshthacker.com, one can buy JSW Energy with a target of Rs 72.50.
Mitessh Thakkar of miteshthacker.com suggests buying Andhra Bank, BHEL and Indiabulls Real Estate and advises selling Bharat Financial Inclusion and NIIT Technologies.
After the public sector banks, private banks could also see some consolidation, believes SP Tulsian of sptulsian.com.
Mitessh Thakkar of miteshthacker.com suggests buying Indiabulls Housing Finance, Reliance Communications, Oriental Bank of Commerce and Andhra Bank.
According to Sudarshan Sukhani of s2analytics.com, one can sell PSU Banks including Canara Bank, Andhra Bank and SBI as well as pharma stocks, Castrol India and Just Dial.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Aurobindo Pharma and PSU Banks including Andhra Bank, Canara Bank, and State Bank of India and advises buying Bata India.
Shahina Mukadam, Independent Market Expert suggests buying Lovable Lingerie with a target of Rs 298.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Canara Bank, Andhra Bank, Ceat and IRB Infra.
Mitesh Thacker of miteshthacker.com advises selling Andhra Bank, Dish TV and suggests selling DHFL.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Andhra Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Canara Bank, Andhra Bank, Bank of Baroda and Punjab National Bank.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Glenmark Pharma, Arvind and Alstom T&D and sell Andhra Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Construction Company, Bajaj Finserv and Torrent Pharma and advises selling Indiabulls Housing and Cairn India.
Jai Bala of Cashthechaos.com likes Punjab National Bank with target of Rs 160 plus while Union Bank and Canara Bank can hit record lows.
Sandeep Wagle of powermywealth.com is of the view that one can buy Amara Raja Batteries and Bharat Financial Inclusion and sell Andhra Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy eClerx Services and HPCL and sell Dena Bank.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.in shared his readings and outlook on specific stocks and sectors.