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
Speaking to CNBC-TV18 SP Tulsian of sptulsian.com shares his views on way forward for Cairn and Vedanta stocks after the latest development of LIC coming on board. He also spoke about other stocks like Spicejet, Yes Bank, Escorts, M&M among others.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finserv, DLF and Indiabulls Real Estate.
According to Ashwani Gujral of ashwanigujral.com, one can buy Tata Global Beverage and PC Jeweller and sell DLF.
Jay Thakkar of Sharekhan is of the view that one may buy JBM Auto with a target of Rs 236.10.
Rahul Mohindar of viratechindia.com is of the view that one can buy DLF, Karnataka Bank and Bank of India.
Morgan Stanley has equal-weight rating on Crompton Greaves with target at Rs 61 per share as ongoing restructuring leads to margin uncertainty.
CIMB maintains add rating Infosys on reasonable valuations with target cut to Rs 1185 from Rs 1250 per share. It has cut FY17-19 EPs by 2-3 percent on client- specific issues and weakening macro. It remains optimistic on medium-to-long term.
Ashwani Gujral of ashwanigujral.com recommends buying Can Fin Homes and sell DLF and BPCL.
Manish Sharma of derivativetradingresearch is of the view that one may buy Havells India with a target of Rs 420.
Mitesh Thacker of miteshthacker.com recommends selling HDFC and Godrej Consumer and advises buying ONGC and DLF.
Krish Subramanyam of Altamount Capital is of the view that one may buy Power Finance Corporation (PFC) August Futures and also sell a 230 Call at around Rs 3.70.
Mitesh Thacker of miteshthacker.com is of the view that one can buy DLF and Tata Steel.
Rahul Shah of Motilal Oswal recommends adding Indian Oil Corporation and advises buying DLF 165 Call.
CA Rudramurthy BV of Vachana Investments is of the view that one can buy Intellect Design and DLF and likes Federal Bank.
Sandeep Wagle of powermywealth.com recommends buying IGL, NCC and BPCL and feels that DLF will outperform.
Kunal Saraogi of Equityrush is of the view that one may buy DLF with a target of Rs 165.
JK Jain of Karvy Stock Broking is of the view that one can buy Indian Oil Corporation, Voltas and DLF.
Sandeep Wagle of powermywealth.com is of the view that one can sell DLF and Hindustan Unilever and buy Cummins India.
GREED & fear has added Indiabulls Housing Finance and DLF in its in the long-only Asia ex-Japan portfolio with a 3 percent weightage each
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dabur India, Glenmark Pharma, Adani Ports and DLF.
Ashwani Gujral of ashwanigujral.com recommends buying DLF, NCC, Engineers India, Indraprastha Gas and Tata Steel.
Sudarshan Sukhani of s2analytics.com is of the view that Reliance Industries and Kotak Mahindra Bank may head higher.
Jay Thakkar of Sharekhan is of the view that one may buy Balrampur Chini Mills with a target of Rs 137.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy McLeod Russel, Reliance Infrastructure and Heritage Food.
According to Ashwani Gujral of ashwanigujral.com, one can sell PC Jeweller and DLF and buy State Bank of Bikaner.