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
Gaurav Ratnaparkhi of Sharekhan advises buying Dr Reddy's Lab with a target of Rs 2283.
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.
Vijay Chopra of enochventures.com is of the view that one may buy Bajaj Electricals at around Rs 400-425.
Ashwani Gujral of ashwanigujral.com advises buying L&T Finance Holdings, Manappuram Finance and Bajaj Electricals.
Ashwani Gujral of ashwanigujral.com suggests buying MMTC, LIC Housing Finance and Bajaj Electricals.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Godfrey Phillips with a stop loss of Rs 990 for target of Rs 930 and buy Godrej Consumer with a stop loss of Rs 980 for target of Rs 1050.
Sandeep Wagle of powermywealth.com feels that Bajaj Electricals may move to Rs 540-550.
Prakash Gaba of prakashgaba.com advises buying Automotive Axles on dips.
Consumer and light electric companies hit fresh 52-week high after the Goods and Services Tax (GST) Council on Friday decided to slash rates on more than 175 items, reducing taxes on these from the existing 28 percent.
Ashwani Gujral of ashwanigujral.com recommends buying L&T Finance Holdings, Bata India and Sun TV Network.
Jay Thakkar of Anand Rathi Securities advises buying Mahanagar Gas with a target of Rs 1157.
Ruchit Jain of Angel Broking suggests buying Exide Industries with a target of Rs 234.
Ashwani Gujral of ashwanigujral.com recommends buying Indiabulls Real Estate, PC Jeweller and Bajaj Electricals.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Electricals, Pidilite Industries and Bharti Airtel.
According to Ashwani Gujral of ashwanigujral.com, one can buy Indian Oil Corporation, Bajaj Electricals and GSFC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy DLF, Indraprastha Gas and Bajaj Electricals
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Escorts and Bajaj Electricals and sell Jindal Steel & Power.
Ashwani Gujral of ashwanigujral.com recommends buying Havells India, Apollo Tyres, Motherson Sumi, Marico and Kotak Mahindra Bank.
Sudarshan Sukhani of s2analytics.com suggests buying Adani Power, Bajaj Electricals and Texmaco Rail.
According to Ashwani Gujral of ashwanigujral.com,, one can buy Bharti Infratel, Chambal Fertilisers and Chemicals and MOIL.
Ruchit Jain of Angel Broking advises buying Arvind with a target of Rs 417.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Havells India with a target of Rs 450.
Ashwani Gujral of ashwanigujral.com recommends buying Sun TV Network, Bank of India, Dewan Housing Finance, BEML and Bajaj Electricals.
All investment companies have surged in the last few days but one holding company which hasn't moved is Bajaj Holdings & Investment.
As an investment strategy, Credit Suisse advises to bet on those segment player which have large valuation gap but give higher returns. "Large valuation gap between segment leader and small player sometimes provide an opportunity for higher stock returns to be generated by the smaller company," it adds.