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
Mitessh Thakkar of miteshthacker.com recommends buying Bharat Electronics with a stop loss of Rs 151.50 for target of Rs 164, Can Fin Homes with a stop loss of Rs 528 for target of Rs 560 and Godrej Consumer Products with a stop loss of Rs 1063 and target of Rs 1095.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank, Can Fin Homes and Bajaj Finserv.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Yes Bank and State Bank of India and can buy HCL Technologies.
We expect volatility to extend further and one needs to trade on strict levels as it is buy on the dip and sell on rise market for the near term.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Ports and can sell Axis Bank and Union Bank of India.
Vijay Chopra of enochventures.com is of the view that one may buy Jet Airways with a target of Rs 835.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Tata Chemicals, Can Fin Homes and BPCL and can buy Tata Consultancy Services.
“On the overall basis, long-term capital gains tax doesn’t look dampening and revenue growth assumptions are looking realistic. Investors should focus on sectors/stocks having agri or rural theme. Escorts, Ashok Leyland, M&M, PI Inds and UPL will be positive,” Hemang Jani, Head Equity Sales & Advisory, Sharekhan told Moneycontrol.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, ICICI Prudential and Godrej Properties.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HCL Tech, Kotak Mahindra Bank and Jubilant Foodworks and can sell Kaveri Seed and Can Fin Homes.
Rahul Shah of Motilal Oswal is of the view that one may buy MM, Can Fin Homes and Tata Steel.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Life Sciences, Mindtree and IDFC Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy RBL Bank and Adani Ports and can sell SREI Infrastructure.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Can Fin Homes and Repco Home Finance.
The market buoyancy is likely to continue in 2018 as well, though it could be volatile due to events like states elections, Union Budget. The Nifty50 is expected to give 10-15 percent return and the midcaps are likely to continue their outperformance in the coming year, experts suggest.
We expect Nifty EPS of FY18/19/20 to be 500/600/720 and expect it to scale 12,000 in FY19, says Sandeep Raina of Edelweiss Investment Research.
Ruchit Jain of Angel Broking advises buying Bharat Forge with a target of Rs 750.
Chandan Taparia of Motilal Oswal Securities recommends buying Tata Steel, Can Fin Homes and Larsen & Toubro.
According to Ashwani Gujral of ashwanigujral.com, one may sell Can Fin Homes and HPCL.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Can Fin Homes.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC Bank, Voltas, UPL, GAIL India, Can Fin Homes and Bharti Airtel.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Yes Bank, Punjab National Bank and GAIL India while he feels that Maruti Suzuki is likely to hit new highs.
Prakash Gaba of prakashgaba.com is of the view that one can buy Can Fin Homes and sell Indiabulls Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, HDFC and Can Fin Homes.