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
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Axis Bank and Hindustan Zinc and buy Ashok Leyland.
Sudarshan Sukhani of s2analytics.com suggests selling Bharat Financial, Tata Steel and Ashok Leyland and advises buying Castrol India and Apollo Tyres.
Gaurang Shah of Geojit Financial Services is of the view that one may pick Ashok Leyland.
But, it is time to tread with caution with respect to small and midcap stocks after a sharp rally in the last 12-24 months. Not all midcap stocks might strike gold for investors at current levels given the frothy valuation.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Heavy Electricals, Marico and Zee Entertainment and sell Ashok Leyland and Apollo Hospitals.
Sandeep Wagle of powermywealth.com advises buying Ashok Leyland on dips.
According to Shahina Mukadam, Independent Market Expert, one may hold Ashok Leyland.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today - Neuland Labs, Titan, Cyient, Indoco Remedies, Shankara Buildpro, Ashok Leyland, TVS Motor, Tata Motors, and AB Money.
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.
Sudarshan Sukhani of s2analytics.com is of the view that one can invest in HUL and avoid VST Tillers.
Prakash Gaba of prakashgaba.com is of the view that Ashok Leyland can climb to Rs 86 while HPCL may test Rs 540.
According to Mitessh Thakkar of miteshthacker.com, Ashok Leyland may break below Rs 81 and test Rs 76 while JSPL to remain range bound.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland while Voltas and Whirlpool may rally 20-30 percent and Astral Poly may hit Rs 750.
In an interview to CNBC-TV18’s Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, Mayuresh Joshi of Angel Broking shared his readings and outlook on market and specific stocks.
Voltas, Navneet Education and Kotak Mahindra Bank are on the watch list of analysts. Meanwhile, insurance, pharma and autos are also in focus.
Ashwani Gujral of ashwanigujral.com suggests buying Asian Paints, Voltas and REC.
Bharat Financial Inclusion, Airtel and Zee Entertainment could be on investors' mind. Meanwhile, they also have a view on information technology and automobile sector.
Sudip Bandopadhyay, Market Expert is of the view that one can buy Ashok Leyland and VRL Logistics.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18 Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs at IIFL shared his reading and outlook on the market.
Prakash Gaba of prakashgaba.com is of the view that Manappuram Finance may head higher, SBI can hit Rs 278 and likes Ashok Leyland.
Prakash Gaba of prakashgaba.com is of the view that Indian Oil Corporation can climb to Rs 393 while TVS Motor and Ashok Leyland look weak whereas GAIL India looks good.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Capital, Escorts and RCF and sell Ashok Leyland and HPCL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy BF Utilities and Rashtriya Chemicals and Fertilisers and sell Ashok Leyland.
Prakash Gaba of prakashgaba.com is of the view that Ashok Leyland can slide down to Rs 88-89.