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
Sudarshan Sukhani of s2analytics.com is of the view that United Breweries is a positional short and feels that one can buy Castrol India.
Kunal Bothra of LKP Securities recommends buying Castrol India and advises selling Axis Bank.
Krish Subramanyam of Altamount Capital advises buying Godrej Industries with a target of Rs 390.
Aditya Agarwal of Way2wealth Securities advises buying Castrol India with a target of Rs 480.
Prakash Gaba of prakashgaba.com is of the view that Oil and Natural Gas Corporation may test Rs 240.
Manas Jaiswal of manasjaiswal.com recommends buying Cummins India with a target of Rs 1075 and Mercator with a target of Rs 32.
Hemen Kapadia of KRChoksey Securities is of the view that one may buy UPL with a target of Rs 456.
CNBC-TV18's research team gets the list of those 10 stocks which are likely to remain in news in the day's trading.
Hemant Thukral of Aditya Birla Money is of the view that Castrol India can head towards Rs 495-500.
Aditya Agarwal of Way2Wealth Securities is of the view that one may sell Wipro with a target of Rs 565.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Petronet LNG.
Sudarshan Sukhani of s2analytics.com is of the view that Castrol India may head lower.
Manav Chopra of Networth Stock Broking advises buying LIC Housing Finance with a target of Rs 450.
Manav Chopra of Networth Stock Broking is of the view that one can buy Castrol India as the stock may hit Rs 480.
CA Rudramurthy BV of Vachana Investments advises buying State Bank of India with a target of Rs 234.
Meghana Malkan of malkansview.com is of the view that one may buy Voltas with a target of Rs 276.
Sudarshan Sukhani of s2analytics.com recommends selling TVS Motor Company and Castrol India and advises buying Tech Mahindra.
Manav Chopra of Networth Stock Broking recommends buying Castrol India and advises selling PTC India on rise.
Parag Thakkar of HDFC Securities likes Asian Paints, Pidilite Industries and Castrol and says that ITC is a contra play.
Vishal Malkan of www.malkansview.com suggests buying Voltas with a target of Rs 318.
Sudarshan Sukhani of s2analytics.com recommends selling Castrol India as the stock may head lower.
Avinnash Gorakssakar of Precision Investment Services advises buying Natco Pharma with a target of Rs 2525.
Vishal Malkan of www.malkansview.com advises buying Dewan Housing Finance Corporation with a target of Rs 550.
Dharmesh Kant of India Nivesh Securities advises buying LIC Housing Finance with a target of Rs 540.
Parag Thakkar of HDFC Securities is of the view that one may prefer Castrol India.