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
Sumeet Jain of Destimoney Securities is of the view that one may buy India Cements with a target of Rs 234.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bajaj Auto, Bharti Infratel and Adani Transmission and can sell IGL and Oil India Limited.
In an inteview with CNBC-TV18, SP Tulsian of sptulsian.com, explains why he likes Century Textiles and Adani Ports. He also gives his views on various other stocks like M&M Financials, Shriram Transport and MRF.
Prakash Gaba of prakashgaba.com is of the view that one may buy Adani Transmission.
According to Avinash Gorakshakar, Market Expert, one may hold Adani Transmission for long term.
According to Mitesh Thacker of miteshthacker.com, one can buy Adani Transmission, Credit Analysis and Research and Nalco and sell Dabur India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Copper, Adani Transmission and Siemens and sell IRB Infra and Havells India.
Vijay Chopra of enochventures.com is of the view that one may hold Adani Transmission.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Glenmark Pharma, Arvind and Alstom T&D and sell Andhra Bank.
The market has been partying hard since March on account of more than Rs 55,000 crore of FII inflows, the government's several initiatives to boost growth and US Fed holding off on a rate hike until now. The Midcap 100 index surged 35 percent, beating Nifty that jumped 25.65 percent since March 1.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Vedanta, Indraprastha Gas and Adani Transmission.
Krish Subramanyam of Altamount Capital recommends selling Exide Industries and advises buying KEI Industries.