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
Ashish Kyal of wavesstrategy.com advises buying Ajanta Pharma with a target of Rs 1785.
Daljeet Singh Kohli of India Nivesh Securites sees huge potential in Eimco Elecon and recommends Oriental Carbon with a target of Rs 700.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his readings and outlook on specific stocks and sector.
Sandeep Wagle of powermywealth.com suggests buying Coal India at around Rs 300-315.
Shahina Mukadam, Independent Market Expert advises buying Coal India at around Rs 290- 300.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Coal India, Infosys and Marico.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Divis Laboratories, Maruti Suzuki and Coal India.
Ashish Kyal of wavesstrategy.com suggests buying United Spirits with a target of Rs 2820.
Chandan Taparia of Anand Rathi Securities is of the view that one can buy Arvind, BEML and Coal India.
Prakash Gaba of prakashgaba.com expects good upmove in Sun Pharma with a target of Rs 790 and likes BEML and Coal India.
Sudarshan Sukhani of s2analytics.com recommends buying Bharti Airtel, Coal India and Larsen & Toubro.
Sudarshan Sukhani of s2analytics.com advises buying HPCL, LIC Housing and Coal India.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Coal India, Tech Mahindra and Indiabulls Real Estate.
Ashwani Gujral of ashwanigujral.com recommends buying Coal India, Britannia Industries and Marico.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Marico, Coal India, Bajaj Finance, Dr Reddy's Laboratories, Maruti Suzuki and State Bank of India.
The research report discounts a weak volume outlook for Coal India, reckoning that the UDAY scheme, along with with forward e-auctions, and rationalisation of high-grade prices should help tick up volumes. Morgan Stanley, meanwhile, is underweight on company.
Sanjiv Bhasin of IIFL is of the view that Tata Motors, Ashok Leyland, Eicher Motors and Shriram Transport are the favourite stocks.
Sudarshan Sukhani of s2analytics.com recommends buying Petronet LNG and advises selling Shriram Transport Finance Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharmaceutical Industries for long term and feels that Sobha may test Rs 450 while Coal India may hit Rs 400.
Rajat Bose of rajatkbose.com recommends buying Pidilite Industries and Coal India and sell Dish TV and Dr Reddy's Labs.
Ashwani Gujral of ashwanigujral.com recommends buying Axis Bank, Coal India and HDIL.
Sanjiv Bhasin of IIFL recommends buying Hindalco Industries and is bullish on Coal India, Reliance Industries and State bank of India.
Vishal Malkan of malkansview.com is of the view that one can buy Oriental Bank with a target of Rs 94 and SAIL with a target of Rs 49.
Sudarshan Sukhani of s2analytics.com recommends buying Coal India.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18, gave his views on various stocks.