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 of powermywealth.com recommends selling Ashok Leyland and Tata Communications and advises buying Bosch.
With maintaining Maruti Suzuki, Eicher Motors and Tata Motors as preferred picks in auto sector, Nomura said for Tata Motors, China luxury tax impact on EBITDA is likely to be less than 1 percent even if around 20 percent of buyers switch from Range Rover to Range Rover Sport.
Credit Suisse has maintained neutral call on Reliance with target cut to Rs 1035 from Rs 1055 per share as Jio's user-base could grow to 7 crore from 5.2 crore by December-end.
Ashwani Gujral of ashwanigujral.com advises buying Mahindra & Mahindra Financial Services, Dewan Housing Finance and Asian Paints.
Vishal Malkan of malkansview.com is of the view that one may buy Biocon with a target of Rs 910.
Sudarshan Sukhani of s2analytics.com recommends buying Ashok Leyland, Dabur India and Strides Shasun and advises selling ACC, Ambuja Cements and Just Dial.
Ashwani Gujral of ashwanigujral.com is of the view that Ashok Leyland may test Rs 120 while Axis Bank may hit Rs 600 in the medium term.
VK Sharma, Head Private Broking & Wealth Management at HDFC Securities recommends buying Sun Pharma 700 Put and Ashok Leyland 92.5 Call.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell JSW Energy, Asian Paints and Siemens and buy Ashok Leyland and Kotak Mahindra Bank.
Shahina Mukadam, Independent Market Expert suggests buying Lovable Lingerie with a target of Rs 298.
Prakash Gaba of prakashgaba.com feels that Ashok Leyland can climb to Rs 95 but Bank of Baroda may slide to Rs 144.
Ashwani Gujral of ashwanigujral.com recommends buying Strides Shasun, Ashok Leyland and Jain Irrigation.
In an interview to CNBC-TV18's Latha Venkatesh & Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Rajat Bose of rajatkbose.com is of the view that one can buy Ashok Leyland, Ceat and Apollo Tyres.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ashok Leyland, Britannia Industries and Bata India.
ICICI Direct sees Sensex EPS to grow 16.4 percent YoY to Rs 1600 in FY17 and then witness growth of 17.5 percent YoY in FY18 to Rs 1880. It has set a one year forward target of 31000 for the Sensex and 9400 for the Nifty.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland and Britannia Industries and sell Idea Cellular.
Prakash Gaba of prakashgaba.com is of the view that one can buy Ashok Leyland and Bajaj Finserv.
Ashwani Gujral of ashwanigujral.com recommends buying Engineers India, Aban Offshore and Ashok Leyland.
Nomura reiterates buy on YES Bank with a target price of Rs 1510 per share. Retail momentum building plus asset quality performance better than peers
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com listed his stock picks and market outlook.
Ashish Kyal of Waves Strategy Advisors recommends buying Edelweiss Financial with a target of Rs 142 and Gujarat State Fertilizers & Chemicals with a target of Rs 105.
Ruchit Jain of Angel Broking advises buying United Spirits with a target of Rs 2525.
Sharmila Joshi of sharmilajoshi.com feels that Ashok Leyland may touch Rs 110-115.
Mitesh Thacker of miteshthacker.com recommends selling ACC and Hero Moto and advises buying Arvind, Ashok Leyland and Apollo Hospitals.