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 one can buy Balrampur Chini and avoid Castrol India.
Sudarshan Sukhani of s2analytics.com recommends buying Adani Ports and feels that Marico and Cummins India may head higher.
According to Mitesh Thacker of miteshthacker.com, one can buy Colgate Palmolive, Glenmark, Motherson Sumi and SAILand advises selling BEL.
Mitesh Thacker of miteshthacker.com recommends buying Pidilite Industries, Colgate Palmolive and Power Grid.
Prakash Gaba of prakashgaba.com is of the view that Ceat, and Colgate look good while recommends selling sell Idea Cellular.
According to Sudarshan Sukhani of s2analytics.com, one can buy Vedanta, Motherson Sumi and Colgate Palmolive.
In an interview to CNBC-TV18 Rahul Arora, CEO of Nirmal Bang Institutional Equities shared his reading and outlook on the market as well as on stocks and sectors.
Here are brokerage firms views on six stocks. Motilal downgrades Hero MotoCorp to neutral from buy given rich valuations. Target for the stock is at Rs 3666 per share. It says volume growth drives revenue as adverse mix dragged realisations.
Mayuresh Joshi of Angel Broking recommends holding Colgate Palmolive.
Rajat Bose of rajatkbose.com is of the view that one can sell Cummins India and ITC.
Sandeep Wagle of powermywealth.com is of the view that one can buy Hero MotoCorp, Tata Communications and Tech Mahindra.
Ashish Kyal of wavesstrategy.com is of the view that one can buy Colgate Palmolive and UPL and sell Ceat and Cadila Healthcare.
Rajat Bose of rajatkbose.com is of the view that one can buy Bata India, Berger Paints and Colgate Palmolive.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Aditya Birla Nuvo, Ceat and Colgate Palmolive.
Rajat Bose of rajatkbose.com recommends buying Cadila Healthcare, Colgate Palmolive and Idea Cellular.
Ashwani Gujral of ashwanigujral.com recommends buying Colgate Palmolive, YES Bank and Bank of Baroda.
Sudarshan Sukhani of s2analytics.com recommends holding Asian Paints and advises buying Dr Reddy's Labs and JSW Steel while one can sell Just Dial.
Ashish Kyal of wavesstrategy.com suggests buying United Spirits with a target of Rs 2820.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Housing Development Finance Corporation, Colgate Palmolive and State Bank of India.
Rajat Bose of rajatkbose.com is of the view that one can buy Tata Consultancy Services, Snowman Logistics and Colgate Palmolive and advises shorting Bosch.
Rakesh Bansal of RK Global recommends buying Aditya Birla Nuvo, Grasim Industries, Colgate Palmolive, ACC and Hero MotoCorp.
Vijay Chopra of enochventures.com is of the view that one may buy Tata Coffee with a target of Rs 110.
Ruchit Jain of Angel Broking is of the view that one may buy Rural Electrification Corporation with a target of Rs 174.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Britannia Industries and buy Colgate Palmolive and Motherson Sumi Systems.
Sandeep Wagle of powermywealth.com is of the view that one can buy PTC India, Colgate Palmolive and Century Textiles and Industries.