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
Rajat Bose of rajatkbose.com is of the view that one can sell Union Bank and Ceat.
Ashish Kyal of wavesstrategy.com is of the view that one can buy HPCL, Ceat and Arvind.
Rakesh Bansal of RK Global advises buying Apollo Tyres with a target of Rs 248.
Ashwani Gujral of ashwanigujral.com suggests buying Ceat, Voltas, Century Textiles, TVS Motor and Bharat Financial Inclusion.
Ashwani Gujral of ashwanigujral.com suggests buying Punjab National Bank, Arvind, Ceat, Federal Bank and Indiabulls Real Estate.
SP Tulsian of sptulsian.com tells CNBC-TV18 why he would not give a buy call on MRF stock which touched Rs 50,000-mark in trade Wednesday. He also shares his take on other tyre stocks.
Ashwani Gujral of ashwanigujral.com feels that Ceat may touch Rs 1450-1500.
Ashwani Gujral of ashwanigujral.com feels that Ceat may test Rs 1500 and Kirloskar Oil Engines may move top Rs 420.
Sameet Chavan of Angel Broking is of the view that one may buy Bharat Forge with a target of Rs 995.
Krish Subramanyam of Altamount Capital is of the view that one may buy Karnataka Bank with a target of Rs 161.
According to Gaurav Bissa of LKP Securities, one can buy Apollo Tyres, Arvind and TVS Motor and sell Mindtree.
Ashwani Gujral of ashwanigujral.com recommends buying Ceat and Reliance Capital and advises selling Maruti Suzuki.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Communications, Ceat and BF Utilities.
Ashwani Gujral of ashwanigujral.com recommends selling Tata Motors, Ceat, BF Utilities and PFC and advises buying Delta Corp.
SP Tulsian of sptulsian.com shares why he is cautious on the market until the mid of September but not after that and on specific stocks like HDIL after the company reported disappointing set of quarterly numbers and Cairn India and Vedanta on the impending vote of minority shareholders.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals, Ceat and Hindalco Industries.
Mitesh Thacker of miteshthacker.com recommends buying Ceat, Bank of India and Oriental Bank of Commerce.
Chandan Taparia of Anand Rathi is of the veiw that one can buy Bharat Forge, Maruti Suzuki, Apollo Tyres and Bank of Baroda.
Ashwani Gujral of ashwanigujral.com recommends buying Ceat, Tata Motors DVR, Adani Ports and India Cements.
Ruchit Jain of Angel Broking recommends buying Sun Pharma for target of Rs 808 and Havells India with target of Rs 447.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com says he is cautious on markets for the next week due to onset of advance tax payment obligations which may lead to selling from domestic institutional investors.
Prakash Gaba of prakashgaba.com is of the view that Ceat, and Colgate look good while recommends selling sell Idea Cellular.
According to Sandeep Wagle of powermywealth.com, one can buy Ceat, Amara Raja Batteries and Reliance Capital.
Ashwani Gujral of ashwanigujral.com recommends buying Ceat and Adani Ports and advises selling Jubilant Foodworks.
Hemant Thukral of Aditya Birla Money has a bullish view on Bajaj Finance with target of Rs 11300 while he feels that Ceat may hit Rs 940.