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
Sameet Chavan of Angel Broking is of the view that Bajaj Auto can slide to Rs 2418.
Sanjay Sinha, Founder at Citrus Advisors is of the view that one may look at the two-wheelers space as six months down the line, the outlook may not be so negative.
Sudarshan Sukhani of s2analytics.com recommends buying Amtek Auto, Bajaj Auto and NTPC.
Ambareesh Baliga, Independent Market Expert is of the view that one may exit Bajaj Auto and enter Hero Motocorp.
CNBC-TV18‘s Ekta Batra lists out stocks that you should focus on PSU banks, ICICI Bank, Larsen and Toubro (L&T), Hero MotoCorp, Bajaj Auto, Maruti Suzuki and Coal India.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - HCL Tech, Bajaj Auto, Bharat Forge, Punj Lloyd & Berger Paints.
Sudarshan Sukhani of s2analytics.com recommends buying LIC Housing Finance, Bajaj Auto and Indraprastha Gas.
Sudarshan Sukhani of s2analytics.com recommends buying Bajaj Auto on every dip.
Phani Sekhar of Karvy Stock Broking recommends holding Bajaj Auto with a long term view.
Sudip Bandyopadhyay of Destimoney Securities is bullish on Bajaj Auto and TVS Motor Company.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bajaj Auto.
According to Rahul Mohindar of viratechindia.com, one can keep Bajaj Auto in portfolio for long term and feels that the stock may hit Rs 2640-2650.
Parag Thakkar of HDFC Securities is of the view that IT sector is a great long term opportunity.
Nilesh Shah of Kotak Mahindra Mutual Fund is of the view that one may prefer domestic cyclicals like cement and automobile stocks.
Sameet Chavan of Angel Broking recommends buying Reliance Capital and advises selling Bajaj Auto.
Siddarth Bhamre of Angel Broking recommends shorting Bajaj Auto and advises going long in Hero Motocorp.
According to Sameet Chavan of Angel Broking, Bajaj Auto may test Rs 2500.
Devang Mehta of Anand Rathi Fin Svcs is of the view that one may hold Eicher Motors. "Hero Motocorp and Bajaj Auto look good on the valuation front," he adds.
Ajay Bagga, Market Expert is overweight on auto space but says that one can wait in case of two-wheeler space.
Sudarshan Sukhani of s2analytics.com recommends buying Axis Bank, Bajaj Auto and HCL Technologies.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Inox Wind, Sun TV, Jindal Steel and Power, Bajaj Auto, Ashok Leyland, Tata Motors & Arvind.
UBS believes risk-reward looks attractive for Tata Motors, as it expects Jaguar Land Rover (JLR) volumes growth to move back into double digits from Q3FY15 driven by the ramp-up of the Chery JV plant and new models – Jaguar XE, XF and Discovery Sport.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Bajaj Auto and Hero Motocorp.
Sudarshan Sukhani of s2analytics.com recommends buying HDFC Bank, BPCL and Bajaj Auto.
Daljeet Singh Kohli, head of research at India Nivesh Securites recommends buying State Bank of India for a target of Rs 320 as well as Bajaj Auto.