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
Rajat Bose of rajatkbose.com recommends buying Dr Reddy's Laboratories and Infosys.
The stocks that are expected to gain are Nilkamal, HMVL, Vardaman Textiles, Bajaj Auto, OK Play India, Thangamayil Jewellery, Rajratan Wire and the stocks that will likely be under pressure include Kaya, Concor, HCL Infosystems, Vaibhav Global, Asahi Songwon, Indosolar, Scooters India, Automotive Stamping and Parrys Sugar.
Mihir Jhaveri of Religare Capital Markets recommends buying Bajaj Auto.
Bhavin Desai of Motilal Oswal Securities feels that Hero Motocorp may touch Rs 2600.
Gaurav Ratnaparkhi of Sharekhan advises buying Apollo Tyres with a target of Rs 147.
Prakash Gaba of prakashgaba.com recommends selling Bajaj Auto and advises buying HCLTech.
Deven Choksey of KRChoksey Investment Managers is positive on Tata Motors and Bajaj Auto and feels that one can buy Maruti Suzuki on dips.
Sudarshan Sukhani of s2analytics.com is of the view that one may see lower levels in IT stocks and recommends shorting IT stocks.
Sudarshan Sukhani of s2analytics.com is of the view that Mindtree is a positional short and advises staying long in Reliance Infrastructure.
Rajat Bose of rajatkbose.com is of the view that one can buy Cummins India.
Sudip Bandopadhyay, Market Expert advises buying Hero Motocorp and Bajaj Auto.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Bajaj Auto and Hero Motocorp.
According to Rajat Bose of rajatkbose.com, Bajaj Auto may breakout beyond Rs 2550.
Prakash Gaba of prakashgaba.com recommends buying Hindalco Industries on dips and feels that HDFC may test Rs 1290 while DHFL may hit Rs 250.
Mayuresh Joshi of Angel Broking is of the view that TVS Srichakra may test Rs 3240 in next 9 months.
Amit Harchekar, Chief Technical Strategist at A PLUS Analytics recommends shorting SBI as the stock should slide below Rs 200.
Rohan Korde - auto analyst at domestic brokerage firm, Prabhudas Lilladher, says in the two-wheeler space, he is optimistic on Bajaj Auto despite the recent weakness in its export performance.
Sudip Bandopadhyay, Market Expert has a positive view on Bajaj Auto.
Mayuresh Joshi of Angel Broking recommends buying MM Forgings on decline for a target of Rs 614 over the next 12 months.
Amit Harchekar of A Plus Analytics recommends going long in ICICI Bank and ITC.
Nooresh Merani, Head - Technical Research at Asian Market Securities suggests buying Bajaj Auto and Brigade Enterprises.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Maruti Suzuki and Bajaj Auto.
Deven Choksey of KR Choksey Investment Managers is of the view that one may look at Maruti Suzuki, Tata Motors, Hero Motocorp and Bajaj Auto.
SP Tulsian of sptulsian.com is positive on two-wheeler stocks and he prefers TVS Motor followed by Hero Motocorp and Bajaj Auto.
Jai Bala of 1857 Advisors is positive on Bajaj Auto and feels that record highs are due in the stock.