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
SP Tulsian of sptulsian.com advises buying Bajaj Auto for a target of about Rs 2050-2080.
Jigar Shah, senior VP and HOR at Kim Eng Sec India prefers Maruti Suzuki India, Mahindra and Mahindra, Tata Motors and Bajaj Auto within the automobile space.
SP Tulsian of sptulsian.com suggests going long in Maruti Suzuki, Tata Motors, Bajaj Auto and Hero Motocorp.
Top ten stocks on CNBC-TV18‘s radar are Bajaj Auto TCS, DLF, Sterlite Holiday, Thomas Cook, L&T Finance, Aditya Birla Nuvo, United Bank, Dena Bank and Reliance Communications
Jigar Shah, Sr VP and HOR at Kim Eng Sec India prefers Maruti Suzuki India and Bajaj Auto within the automobile space.
According to Gaurav Ratnaparkhi of Sharekhan, one may buy Coal India with a target of Rs 263 and Voltas with a target of Rs 115.
Shrikant Chouhan of Kotak Securities advises selling Reliance Industries with a target of Rs 780-790 and buying Lupin with a target of Rs 960-970.
Neeraj Deewan of Quantum Securities advises to prefer Tata Motors and Mahindra and Mahindra from auto space.
SP Tulsian of sptulsian.com has a positive view in the auto space including Bajaj Auto.
Prayesh Jain of IIFL believes Maruti Suzuki will post a significant revival story in FY16.
Bhavin Desai of Motilal Oswal is of the view that one may buy Bajaj Auto 1950 call and sell two lots of 2000 calls.
Rohan Korde, Auto Analyst at Anand Rathi Securities is of the view that Maruti Suzuki India may slip to Rs 1475.
Shardul Kulkarni, senior technical analyst at Angel Broking advises buying Bajaj Auto at around Rs 1860-1870.
Rajeev Agarwal of dynamixresearch.com advises selling Jindal Steel & Power with target of Rs 251-236 and Tata Motors with a target of Rs 346-335.
Meghana Malkan of malkansview.com suggests buying UltraTech Cement with a target of Rs 1720 and Tata Motors with a target of Rs 398.
According to Sudarshan Sukhani of s2analytics.com, one may buy Bajaj Auto.
According to Sudarshan Sukhani of s2analytics.com, Bajaj Auto may test Rs 2200 in the next one year.
According to Shrikant Chouhan of Kotak Securities, one may sell Jaiprakash Associates with a target of Rs 43-44 and buy Bajaj Auto with a target of Rs 1960.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Bajaj Auto.
Jyotivardhan Jaipuria of BofAML is overweight on auto, pharmaceuticals and software space and underweight on consumer staple and metal sectors.
Sudarshan Sukhani of s2analytics.com recommends staying away from TVS Motor Company and feels that Maruti Suzuki India, Hero Motocorp and Bajaj Auto are better opportunities.
Pritesh Mehta of IIFL suggests buying Bajaj Auto.
Pritesh Mehta, senior technical analyst at IIFL recommends buying Bajaj Auto as the stock looks attractive at current levels.
Sudarshan Sukhani of s2analytics.com is upbeat on Bajaj Auto and Hero Motocorp.
According to Hemant Thukral of Aditya Birla Money, one may buy Maruti Suzuki India on every dip with a target price of Rs 1840.