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
Kunal Saraogi of Equityrush recommends buying Jain Irrigation with target of Rs 101 and Bank of India with target of Rs 130.
According to Ashwani Gujral of ashwanigujral.com, one can buy Bank of India, Oriental Bank of Commerce and L&T Finance Holdings.
Krish Subramanyam of Altamount Capital recommends buying Bank of India and IIFL Holdings and advises selling KPIT Technologies.
Mitesh Thacker of miteshthacker.com recommends buying Ceat, Bank of India and Oriental Bank of Commerce.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punj Lloyd, SRF, CESC, Petronet LNG, Power Finance Corporation, Oriental Bank of Commerce, Bank of India and HDFC Bank.
Rahul Mohindar of viratechindia.com is of the view that one can buy DLF, Karnataka Bank and Bank of India.
Mitesh Thacker of miteshthacker.com is of the view that one can buy IDFC, Bank of India and Larsen & Toubro.
Rakesh Bansal of RK Global advises buying Indraprastha Gas with a target of Rs 842.
Chandan Taparia of Anand Rathi Securities recommends buying GAIL India, Bharat Financial and Motherson Sumi and advises selling Jindal Steel & Power and Bank of India.
Amit Gupta, Head-Derivatives at ICICIdirect recommends buying Voltas with a target of Rs 450.
Krish Subramanyam of Altamount Capital recommends buying NCC, Bank of India and Walchandnagar Industries.
Speaking about JustDial, SP Tulsian of sptulsian.com said, "Things are looking quite weak on the fundamentals. I continue to have my negative view on the stock and I won't be surprised to see it falling further from here on by about 20-30 percent".
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punjab National Bank, Bank of India, Britannia Industries, Ajanta Pharma and Voltas.
Prakash Gaba of prakashgaba.com is of the view that one may trade long in Power Grid and Bank of India.
Mitesh Thacker of miteshthacker.com recommends buying HCL Tech and sell Bank of India while he feels that Tech Mahindra may retest Rs 465.
According to Rahul Mohindar of viratechindia.com, one can accumulate HDFC on decline and has a bullish stance on ICICI Bank.
CA Rudramurthy BV of Vachana Investments is of the view that one can go long in Bank of India and Apollo Tyres while he feels that PNB may test Rs 145.
Sudarshan Sukhani of s2analytics.com recommends selling Bank of India and Mahindra & Mahindra Financial Services and buy Pidilite Industries.
Manish Sharma of derivativetradingresearch.com advises selling TCS with a target of Rs 2370.
Chandan Taparia of Anand Rathi Securities recommends buying State Bank of India, Maruti Suzuki and HCL Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying Bank of India, Kansai Nerolac and PVR.
According to Sandeep Wagle of powermywealth.com, one can buy Larsen & Toubro, Mcleod Russel and Bank of India.
Sameet Chavan of Angel Broking suggests buying Apollo Tyres with a target of Rs 157.
According to Ashwani Gujral of ashwanigujral.com, one can buy Hindustan Petroleum Corporation, Aurobindo Pharma and Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Gujarat Pipavav and sell NTPC and Tata Motors.