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
Sandeep Wagle of powermywealth.com suggests selling Bank of India and buy Indiabulls Real Estate.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Amara Raja Batteries and Shriram Transport Finance and can buy Dalmia Bharat and Piramal Enterprises.
According to Mitessh Thakkar of miteshthacker.com, one can buy Adani Enterprises, Apollo Tyres and IGL and can sell ONGC.
Gaurav Bissa of LKP securities is of the view that one can buy Bank of India and Just Dial and sell ONGC.
Bank of India, GAIL and Maruti Suzuki are on the radar of global and domestic brokerages.
Ashwani Gujral of ashwanigujral.com recommends buying Sun TV Network, Bank of Baroda and Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Canara Bank, Union Bank of India and Bank of India on dips.
Ashwani Gujral of ashwanigujral.com suggests buying Bank of India, JK Tyre, Union Bank of India, Hindustan Unilever, Bajaj Finance and Bajaj Finserv.
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market, and specific stocks and sectors.
Vishvesh Chauhan of Monarch Networth Capital advises buying NCC with a target of Rs 107.
Sudip Bandopadhyay, Market Expert is of the view that State Bank of India is a buy at current level.
Ashwani Gujral of ashwanigujral.com
Ashwani Gujral of ashwanigujral.com recommends buying Axis Bank, Bharat Financial, Delta Corp and PSU banks.
In an interview to CNBC-TV18 technical analyst, Ashwani Gujral of ashwanigujral.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Pankaj Jain of SW Capital advises buying Bank of Baroda with a target of Rs 205.
Ashwani Gujral of ashwanigujral.com recommends buying Bank of Baroda, Bank of India and ICICI Bank.
Mitessh Thakkar of miteshthacker.com suggests buying IDBI Bank, Bank of India, Union Bank on minor intraday dips. "One can also buy Avenue Supermarts," he adds.
Ashwani Gujral of ashwanigujral.com recommends buying Union Bank, Bank of India, Motilal Oswal, Coromandel International and Century Textiles.
According to Ashwani Gujral of ashwanigujral.com, one can keep holding Maruti Suzuki as the stock may head to Rs 7500 while he prefers Union Bank of India and Bank of India.
Ashwani Gujral of ashwanigujral.com recommends selling Bank of Baroda, State Bank of India and Bank of India.