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
Vishal Malkan of malkansview.com is of the view that one may buy Shriram Transport Finance Corporation with a target of Rs 1300.
Sanjiv Bhasin of IIFL recommends selling Lupin and advises buying Biocon on decline.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking, spoke about his reading of the market and his outlook on various stocks and sectors.
Sumeet Jain of Destimoney Sec is of the view that onem ay buy Jubilant Foodworks with a target of Rs 1225.
Vijay Chopra of enochventures.com advises buying Chennai Petro with a target of Rs 265.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 shares his views on Biocon and Bharat Financial Inclusion, among others post their quarterly results.
Accordiing to Prakash Gaba of prakashgaba.com, Aurobindo Pharma may hit Rs 825.
Deven Choksey of KRChoksey Invst Managers has ITC as a contra buy and feels that one can buy Biocon at lower levels while he prefers auto space, including Ashok Leyland, Tata Motors and Eicher Motors.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the fundamental side of the market as well as on specific stocks and sectors.
Rahul Shah of Motilal Oswal recommends buying ICICI Bank 270 Call and Biocon 700 Put.
Deven Deven Choksey of KR Choksey Investment Managers recommends buying Biocon on every fall.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts, Biocon and Marico.
Gaurav Ratnaparkhi of Sharekhan advises buying Voltas with a target of Rs 341.
According to Sudarshan Sukhani of s2analytics.com, one can buy UltraTech Cement, Pidilite Industries and Biocon.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy UPL, Hero MotoCorp and Biocon.
Sameet Chavan of Angel Broking is of the view that one may buy Ceat with a target of Rs 840.
In an interview with CNBC-TV18, market expert SP Tulsian gave his views on Biocon, Asian Paints and various sugar stocks.
Prakash Diwan of prakashdiwan.in recommends buying Biocon on dips.
Sandeep Wagle of powermywealth.com is of the view that one can buy Dr Reddy's Laboratories, Gujarat Gas and Biocon.
Ashwani Gujral of ashwanigujral.com recommends buying Dena Bank, SREI Infra, Kesoram Industries, Biocon and Sun Pharma Advanced Research Company.
Sandeep Wagle of powermywealth.com is of the view that one can sell Zee Entertainment and Bosch and buy Biocon and Jain Irrigation Systems.
SP Tulsian of sptulsian.com has a cautious view on Biocon.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Biocon and Bajaj Finance and sell Tata Consultancy Services.
Sudarshan Sukhani of s2analytics.com recommends buying Bharat Petroluem Corporation, Power Grid and Biocon.
On Friday, the day of Brexit referendum results, the benchmark Sensex lost nearly 1,100 points intra-day before closing 604.51 points lower. Investors' wealth in stock market took a hit of nearly Rs 1.8 lakh crore on that day.