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
Gaurav Bissa of LKP Securities advises buying UPL, Castrol India and CESC.
VK Sharma of HDFC Securities recommends buying BPCL 940 call and Castrol India 380 Call.
Prakash Gaba of prakashgaba.com likes Castrol India and Idea Cellular and feels that Exide Industries may hit Rs 165 while UPL may test Rs 605.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Delta Corp with a target of Rs 88.
Gaurav Ratnaparkhi of Sharekhan advises buying IRB Infrastructure with a target of Rs 228.
According to Rakesh Bansal of RK Global, one can buy Axis Bank, Castrol India and Jet Airways.
VK Sharma of HDFC Securities recommends buying Castrol India 420 Call and Dabur India 290 Call.
Simi Bhaumik of simibhaumik.com recommends buying Tata Steel with a target of Rs 342.
Manish Sharma of derivativetradingresearch is of the view that one may buy Ajanta Pharma with a target of Rs 1570.
SP Tulsian in an interview to CNBC-TV18 shares his fundamental outlook on stocks like Eicher Motors, Gillette India, UP Sugar companies and others.
Prakash Diwan of prakashdiwan.in recommends buying Castrol India.
Ashwani Gujral, Fund Manager at ashwanigujral.com recommends buying Balrampur Chini and advises selling M&M Financial Services and Vedanta.
Hemant Thukral of Aditya Birla Money recommends going long in Castrol India and IFCI.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today - Reliance, Adani Port & SEZ, Castrol India, Mahindra CIE Automotive, Sadbhav Infra, M&M Financial, Bharti Infratel, Filatex India, Eastern Treads, Zensar Tech, Cairn India, Motherson Sumi, Sasken Communications and Capri Global Capital.
VK Sharma of HDFC Securities is of the view that one can buy JSW Steel 1360 Call and Castrol India 380 Call.
Jay Thakkar of Sharekhan is of the view that one may buy Castrol India with a target of Rs 392.
Sudarshan Sukhani of s2analytics.com is of the view that Amara Raja Batteries may outperform while SAIL can rally.
Chandan Taparia of Anand Rathi Securities recommends buying Castrol India, Biocon, IGL and PTC India.
Gaurav Bissa of LKP Securities recommends buying Castrol India and Aditya Birla Nuvo and advises selling Ceat and Colgate Palmolive.
Sudarshan Sukhani of s2analytics.com recommends buying Bharti Airtel and Hero Motocorp and feels that HCL Tech may head lower.
Sudarshan Sukhani of s2analytics.com recommends buying SKS Microfinance and advises selling Castrol India and Tata Communications.
Prakash Gaba of prakashgaba.com recommends buying Castrol India and feels that HCL Tech may hit Rs 795 while Dr Reddy's Labs may test Rs 2900.
Sameet Chavan of Angel Broking is of the view that one may buy UltraTech Cement with a target of Rs 3070.
Ruchit Jain of Angel Broking is of the view that one may buy Reliance Infra with a target of Rs 475.
According to Ashish Kyal of wavesstrategy.com, one may buy Marico with a target of Rs 250.