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 advises buying Bajaj Electronics with a target of Rs 288.
Shahina Mukadam, Independent Market Expert advises buying Nalco with a target of Rs 46.5.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market as well as on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com recommneds buying Bajaj Electric for a target of Rs 221.
SP Tulsian of sptulsian.com is of the view that one may prefer Crompton Greaves.
Sharmila Joshi of sharmilajoshi.com is of the view that one may remain invested in Bajaj Electricals.
Sarvendra Srivastava of Phisense.com suggets buying Allahabad Bank with a target of Rs 74.5.
Mayuresh Joshi of Angel Broking feels that Bajaj Electricals may move to Rs 290 in next 12 months.
Rakesh Bansal of RK Global advises buying Bharti Infratel with a target of Rs 417.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Bajaj Electricals.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Bajaj Electricals and Blue Star.
Rajat Bose of rajatkbose.com is of the view that one may buy Precision Wires India, Bajaj Electricals and Havells India.
Mayuresh Joshi of Angel Broking likes Bajaj Electricals and feels that one may prefer Inox Wind.
Manish Sharma of Destimoney Securities advises selling Bharat Electronics with a target of Rs 3150.
Mayuresh Joshi of Angel Broking likes Axis Bank and ICICI Bank from the private banking space and Infosys from the IT space. 'We also like Transport Corporation of India, Inox Wind and Bajaj Electricals," he added.
Mayuresh Joshi of Angel Broking is of the view that Bajaj Electricals and Inox Wind are the top picks from the midcap space.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Bajaj Electricals.
Rajat Bose of rajatkbose.com expects Bajaj Electricals Bajaj Electricals to move up and test Rs 289-297.
Kunal Bothra of LKP Securities recommends selling Crompton Greaves and advises buying Bajaj Electricals.
Mayuresh Joshi of Angel Broking is optimistic on Blue Star.
According to Nirmal Jain, Chairman at IIFL, one may stay away from consumer durable segment.
Kunal Bothra of LKP Securities recommends holding Bajaj Electricals as the stock may rally by atleast 10-15 percent from current levels.
According to Saurabh Mukherjea, CEO-institutional equities of Ambit Capital, one may prefer Larsen and Toubro, Cummins India and Bajaj Electricals.
Sudarshan Sukhani of s2analytics.com recommends to buy Bajaj Electricals as the rewards could potentially be large in the stock.
Gautam Chhaochharia, Head of mid-cap research at UBS India said they like Bajaj Electrical, Redington and Exide in the midcap space.