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 SBI, M&M, Ashok Leyland, Apollo Hospitals, Ceat and TV Today.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bharat Petroleum Corporation and buy Ashok Leyland, Ceat and Hexaware Technologies.
According to Sudarshan Sukhani of s2analytics.com, one can buy Bajaj Auto as the stock can outperform.
Chandan Taparia of Anand Rathi Securities recommends buying NTPC, Ceat and IndusInd Bank.
Ashwani Gujral, Fund Manager at ashwanigujral.com recommends selling Mindtree and advises buying NTPC and Ceat.
Amit Harchekar of APLUS Analytics recommends shorting Ceat February futures, Oriental Bank of Commerce and Indiabulls Housing Finance.
Ruchit Jain of Angel Broking advises selling Arvind Future with a target of Rs 274.
Krish Subramanyam of Altamount Capital recommends buying India Cements and TV18 Broadcast and advises selling Ceat.
Gaurav Ratnaparkhi of Sharekhan suggests buying Bharat Forge with a target of Rs 875.
Rakesh Bansal of RK Global suggests selling CESC with a target of Rs 405.
Manas Jaiswal of manasjaiswal.com recommends selling Power Grid and Ceat.
Prakash Gaba of prakashgaba.com recommends selling Cairn India and Asian Paints and feels that Hero Motocorp may head higher and test Rs 2,520.
Prakash Gaba of prakashgaba.com recommends selling Bajaj Auto and advises buying HCLTech.
Rajat Bose of rajatbose.com recommends buying United Spirits for a target of Rs 2902 and Ceat.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Godrej Properties with a target of Rs 335.
Gaurav Bissa of LKP Securities recommends shorting Ceat and feels that Cadila Healthcare may test Rs 335-340.
Sudarshan Sukhani of s2analytics.com advises selling ACC, Havells India and Ceat.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money is of the view that JSW Energy is a good trading pick with a target of Rs 88-89.
Aditya Agarwal, Senior Derivative Analyst at Way2Wealth Securities recommends buying Ceat, Bharat Forge and HDIL and advises shorting ITC.
Ambareesh Baliga, Independent Market Expert feels that Ceat may dip to Rs 550-500.
Sudarshan Sukhani of s2analytics.com recommends selling LIC Housing Finance and expects lower levels in it.
Sudarshan Sukhani of s2analytics.com is of the view that Ceat is a positional short and feels that tyre companies are looking at much lower levels.
Krish Subramanyam of Altamount Capital advises buying Triveni Engineering with a target of Rs 41.
Gaurav Bissa of LKP Securities suggests selling Tata Motors and advises buying Ceat and Reliance Communications.
Prakash Gaba of prakashgaba.com recommends going long in Apollo Tyres.