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
Digesh Shah of Veracity Fin advises buying Dewan Housing Finance with a target of Rs 209.
Watch the interview of Daljeet Singh Kohli of India Nivesh Securites with Reema Tendulkar & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Digesh Shah of Veracity Fin is of the view that one may buy Tata Power Company with a target of Rs 76.
Vijay Chopra of enochventures.com is of the view that one may hold Dewan Housing Finance Corporation.
Prakash Gaba of prakashgaba.com is of the view that one may hold Dewan Housing Finance.
Sudarshan Sukhani of s2analytics.com recommends buying Power Grid, Tata Communications and advises selling Jubilant Food, BEL and DHFL.
Ashwani Gujral of ashwanigujral.com recommends selling Lupin, DHFL and advises buying Pidilite Industries.
Sandeep Wagle of powermywealth.com is of the view that one may sell UCO Bank with a target of Rs 32.
Rakesh Bansal of RK Global suggests buying Petronet LNG with a target of Rs 295.
Ashwani Gujral of ashwanigujral.com recommends buying Bata India and advises selling DHFL and Adani Ports.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today- SKS Microfinance, Sun Pharma, Orient Cement, Nucleus Software, Nelco, Carborundum Universal, Federal Bank, JSPL, Hexaware Tech, Bharat Forge, Ricoh India, Dewan Housing & Just Dial.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Idea Cellular and Divis Lab and advises selling Arvind and PC Jeweller.
Aditya Agarwal of Way2Wealth Securities is of the view that one may short DHFL and Tata Steel.
Ashwani Gujral of ashwanigujral.com recommends buying JK Lakshmi Cement, DHFL and Kolte-Patil Developers.
Sandeep Wagle of powermywealth.com is of the view that one can buy SRF, DHFL, Ambuja Cements and GAIL India.
VK Sharma of HDFC Securities recommends buying Shriram Transport Finance futures and Bata India 530 Call, DHFL 185 Put and Voltas 270 Put.
Vijay Chopra of enochventures.com recommends buying M&M Financial Services with a target of Rs 250 and Wockhardt with a target of Rs 970.
Vijay Chopra of enochventures.com is of the view that one may prefer LIC Housing Finance, Capital First, DHFL and GIC Housing Finance.
Vishal Malkan of malkansview.com recommends buying Reliance Communications with a target of Rs 55 and Bata India with a target of Rs 540.
Ashwani Gujral of ashwanigujral.com feels that Dewan Housing Finance Corporation may test Rs 300.
Prakash Gaba of prakashgaba.com recommends buying Jubilant Foodworks and advises selling NMDC while he feels that DHFL may hit Rs 202.
Ashwani Gujral of ashwanigujral.com recommends buying Indian Overseas Bank, DHFL and Motherson Sumi Systems.
Manas Jaiswal of manasjaiswal.com suggests buying Indian Overseas Bank with a target of Rs 31.50.
Gaurav Bissa of LKP Securities is of the view that one may buy Reliance Infrastructure and sell Just Dial.
Prakash Gaba of prakashgaba.com is of the veiw taht one can sell PC Jewellers and DHFL and advises buying Karnataka Bank.