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
Mitesh Thacker of miteshthacker.com is of the view that one can buy Bharat Forge at around Rs 845 and recommends selling Container Corporation of India.
Ruchit Jain of Angel Broking recommends buying Sun Pharma for target of Rs 808 and Havells India with target of Rs 447.
Sandeep Wagle of powermywealth.com recommends buying Rural Electrification Corporation, IndusInd Bank and Container Corporation of India.
Sudarshan Sukhani of s2analytics.com recommends buying cement stocks, HDFC and HDFC Bank and advises selling Kaveri Seed and Container Corporation of India.
Sudarshan Sukhani of s2analytics.com recommends selling Pidilite Industries and advises buying Hindalco Industries.
Gaurav Bissa of LKP Securities is of the view that one can buy Engineers India and Havells India and advises selling Container Corporation of India.
Despite the near-term demand softness continues to impact container trains operators (CTO), concrete progress on Dedicated Freight Corridor (DFC) and the Goods and Services Tax (GST) continues to provide structural tailwinds.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Container Corporation of India and buy IRB Infra.
According to Sudarshan Sukhani of s2analytics.com, Divis Laboratories, Adani Ports and Coal India are buying opportunities.
Mitesh Thacker of miteshthacker.com recommends selling Allahabad Bank, CONCOR and HDIL.
Stocks expected to gain are Sundram Fast, J&K Bank, Adani Ports, Aptech, PFC, Jubilant Life, Natco Pharma, Nitesh Estates, Globus Spirits and Emco, while stocks expected to be under pressure are Lupin, United Bank, Uco Bank, IOB, JK Tyre, Concor, Patel Integrated, Anuh Pharma, Gokaldas Exports, Kennametal, Indag Rubber, Huhtamaki PPL.
Sandeep Wagle of powermywealth.com is of the view that one can sell Dabur India and Container Corporation of India and buy Cadila Healthcare.
Rakesh Bansal of RK Global advises buying Exide Industries with a target of Rs 190.
Gaurav Bissa of LKP Securities is of the view that one can buy Container Corporation of India, Dewan Housing Finance Corporation and Mcleod Russel.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ceat, Dr Reddy's Labs, Container Corporation of India and Vedanta.
Earnings upgrade cycle is key to sustaining valuations that otherwise look slightly stretched at 17-18 times forward earnings, says the Citi note
Credit Suisse says GST is a major negative for alcohol companies as they are kept out of GST and earnings could get hit by 15-20 percent in FY18. It says input cost inflation could hit margin by 150-200 basis points. Input taxes on raw materials may become stranded with no offsets.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Sun TV Network with a target of Rs 399.
Chandan Taparia of Anand Rathi Securities is of the view that one can buy Hindustan Unilever, Container Corporation of India and Ambuja Cements and sell Tata Consultancy Services.
Sandeep Wagle of powermywealth.com recommends buying Reliance Infrastructure and Container Corporation of India and advises selling Tech Mahindra.
Gaurav Ratnaparkhi of Sharekhan advises buying Voltas with a target of Rs 341.
Sandeep Wagle of powermywealth.com recommends buying Shriram Transport Finance Corporation, Container Corporation of India and Hindustan Zinc.
Ashwani Gujral of ashwanigujral.com recommends buying SREI Infra, Inox Leisure and Container Corporation of India.
Sudarshan Sukhani of s2analytics.com recommends buying Container Corporation of India, Lupin and NTPC.
Rakesh Bansal of RK Global recommends buying Tech Mahindra, Bajaj Auto, Hero MotoCorp and Container Corporation of India.