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
The valuation of India market still remains to be rich; hence, any correction owning to global volatility should be used as a buying opportunity to dig into quality stocks.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell Adani Ports and Bhushan Steel and can buy Ashok Leyland.
Rajat Bose of rajatkbose.com recommends buying Biocon, Ajanta Pharma and Ashok Leyland.
Mitessh Thakkar of mitesshthakkar.com suggests selling Ambuja Cements and HCC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy M&M, ITC, Dish TV and Ashok Leyland and can sell Godfrey Phillips, Chennai Petro, LIC Housing and DHFL.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Dabur, Siemens and L&T and can buy Ashok Leyland.
Prakash Gaba of prakashgaba.com is of the view that Ashok Leyland can climb to Rs 130 while Dabur India can slide to Rs 333.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Ashok Leyland and can sell Fortis Healthcare.
Morgan Stanley has upgraded Ashok Leyland to Overweight from equal-weight and raised target price to Rs 151 from Rs 101.30 per share.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Ashok Leyland, IOC and Eicher Motors and can sell GSFC.
Ashwani Gujral of ashwanigujral.com suggests buying NIIT Technologies, Ashok Leyland and Hindustan Unilever.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland, Infosys and Vedanta and hold SBI while one can exit HPCL.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Ashok Leyland.
Prakash Gaba of prakashgaba.com is of the view that one may hold Ashok Leyland.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Maruti Suzuki, PVR, Havells India and Indraprastha Gas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland, NMDC and JSW Steel.
Prakash Gaba of prakashgaba.com is of the view that Indiabulls Housing Finance looks good while Ashok Leyland is the stock that looks weak.
Rajat Bose of rajatkbose.com is of the view that one may exit Ashok Leyland.
Sanjiv Bhasin of IIFL expects at least 5 percent downside in IndusInd Bank and has HCL Tech as the top IT pick.
Idea, Sobha and Biocon, among others, are being tracked by analysts on Monday.
Rakesh Bansal of RK Global is of the view that one may buy Compuage Infocom with a target of Rs 75.
Sandeep Wagle of powermywealth.com advises buying Ashok Leyland and suggests selling Bharti Airtel.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Ashok Leyland.
Rajat Bose of rajatkbose.com feels that Ashok Leyland may touch Rs 136.
Ashwani Gujral of ashwanigujral.com suggests buying Ashok Leyland, Jain Irrigation Systems and Tata Motors.