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
Market expert S P Tulsian of sptulsian.com is positive on stocks of housing finance companies some of which performed well on the bourses during the day. “If you want to have a positional view either as an investor or a trader, then DHFL, Indiabulls Housing and LIC Housing,†he advised.
Ashwani Gujral of ashwanigujral.com suggests buying DCB Bank, Axis Bank and Den Networks.
Shahina Mukadam, Independent Market Expert is of the view that one may buy State Bank India with a target of Rs 263.
Ashwani Gujral of ashwanigujral.com is of the view that DCB bank can test Rs 130-135.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money recommends buying Sun TV Network, Sintex Industries and DCB Bank.
Ashwani Gujral of ashwanigujral.com recommends buying DCB Bank, Rural Electrification Corporation and Petronet LNG.
Dipan Mehta, Member at BSE & NSE likes BEL, NBCC and Strides Shasun and is bullish on Bharat Financial Inclusion and Bajaj Finance.
Mitesh Thacker of miteshthacker.com recommends selling IndusInd Bank, DCB Bank and Cipla and has a target of Rs 20400 on Eicher Motors.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Bank of Baroda and DCB Bank.
According to Mitesh Thacker of miteshthacker.com, one can buy Adani Transmission, Credit Analysis and Research and Nalco and sell Dabur India.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Infosys above Rs 985 and sell DCB Bank.
Vijay Chopra of enochventures.com recommends holding Yes Bank and expects the stock to test Rs 1500-1600.
VK Sharma of HDFC Securities is of the view that one may buy Tata Communications 530 Call.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer Yes Bank and DCB Bank.
Sameet Chavan of Angel Broking is of the view that one may buy SAIL with a target of Rs 49.
Prakash Gaba of prakashgaba.com is of the view that one may hold DCB Bank for long term.
In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks for the day and shared his views on the IT raid at Indiabulls Housing.
Gaurang Shah of Geojit BNP Paribas advises exiting Rana Sugars.
Sameet Chavan of Angel Broking advises buying Bajaj Auto with a target of Rs 2850.
According to Sandeep Wagle of powermywealth.com, one may hold DCB Bank as it may test Rs 120-125.
Dipan Mehta, Member at BSE & NSE is of the view that one may prefer IndusInd Bank, YES Bank, DCB Bank and Kotak Mahindra Bank.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Dish TV and DCB Bank.
Shahina Mukadam, Independent Market Expert is of the view that one may buy DLF with a target of Rs 127.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC, DCB bank and NTPC.
Prakash Diwan of prakashdiwan.in recommends keeping HDFC Bank in the portfolio and prefers DCB Bank.