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
Ashwani Gujral of ashwanigujral.com recommends buying CESC, KEC International, Britannia Industries, Balrampur Chini and Exide Industries.
Yogesh Mehta of Motilal Oswal recommends buying Kotak Mahindra Bank, Bajaj Finance and Britannia Industries.
Mitessh Thakkar of mitesshthakkar.com recommends buying IDBI Bank, Britannia Industries, Cadila Healthcare, Chennai Petro and BGR Energy.
Sudarshan Sukhani of s2analytics.com suggests buying PSU banks on dips and feels that ICICI Bank may head to Rs 350 while one can also buy Britannia Industries.
Ashwani Gujral of ashwanigujral.com is of the view that M&M may test Rs 1400, Britannia Industries Rs 3700 and Ceat Rs 1600.
Mitessh Thakkar of mitesshthakkar.com suggests buying Asian Paints, Britannia Industries, Punjab National Bank, BF Utilities, Birla Corp and Axis Bank.
Mitessh Thakkar of miteshthacker.com suggests buying Hero MotoCorp and Britannia Industries.
Prakash Gaba of prakashgaba.com is of the view that Axis Bank looks good and can climb to Rs 518.
Prakash Gaba of prakashgaba.com is of the view that Britannia Industries can climb to Rs 3420 while Tata Motors DVR may test Rs 300.
Some of our top ideas include names like Tata Motors, ICICI Bank, SBI, ITC, Britannia, Hindalco, Colgate Palmolive India, Crompton Consumer, IOC Ltd, RBL Bank, Manpasand Beverages, Ultratech Cements and JK Cement, he said.
Ashish Kyal of Waves Strategy Advisors advises selling Engineers India with a target of Rs 139.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Britannia Industries and Magma Fincorp and advises selling Sun Pharma.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Capital, Sun TV and Britannia Industries and advises exiting tyre stocks.
According to Rajat Bose of rajatkbose.com, one can buy Britannia Industries and CESC.
Jay Thakkar of Anand Rathi suggests selling India Cements with a target of Rs 152.
Vijay Chopra of enochventures.com advises buying Apollo Tyre with a target of Rs 21.
Sudarshan Sukhani of s2analytics.com suggests buying United Breweries, Pidilite Industries and Britannia Industries and advises selling Idea Cellular and ONGC.
Acccording to Ambareesh Baliga, Independent Market Expert, one can pick Titagarh Wagons while Ambuja Cements may hit Rs 260 and Britannia Industries may test Rs 3450.
Prakash Gaba of prakashgaba.com is of the view that Ambuja Cements can climb to Rs 234 while Britannia Industries may test Rs 3175.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Britannia Industries and sell Petronet LNG and ITC.
Vijay Chopra of enochventures.com feels that Britannia Industries may move to Rs 3600-3700.
In an interview to CNBC-TV18, Prakash Diwan, Market Expert at Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
SP Tulsian of sptulsian.com, who has consistently maintained a negative stance on PSU banks due to their past performance, has now after their earnings reports, become more bullish on these stocks.
According to Gaurang Shah of Geojit BNP Paribas, one may buy Britannia Industries.
Prakash Gaba of prakashgaba.com advises buying Britannia Industries on dips.