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
Kunal Saraogi of Equityrush is of the view that one should stay away from DLF and Jindal Steel & Power.
Dipan Mehta, Member of BSE & NSE is of the view that one may avoid DLF, Gujarat State Petronet and Financial Technologies.
Dipan Mehta, Member, BSE & NSE expects BHEL to report decent performance going ahead. He said that valuations on the stock continue to be cheap.
JK Jain of Karvy Stock Broking recommends buying DLF 120 Put and sell two lots of 110 Put.
Hemen Kapadia, VP at KR Choksey Securities is of the view that one may exit DLF on bounce.
Sudarshan Sukhani of s2analytics.com recommends avoiding DLF.
It might be better to wait and watch how things play out for DLF. It won't be easy to get a higher court to give a different verdict. So, it will take some time it will take some doing to work through the process whether you go through the State Administrative Tribunal (SAT) and then go through to the higher courts, says Ajay Bagga.
Dilip Bhat of Prabhudas Lilladher says even if an investor has a healthy risk appetite he should perhaps wait for some more time before buying DLF.
Sudarshan Sukhani of s2analytics.com recommends selling Mcleod Russel and DLF.
Research analyst Adhidev Chattopadhyay of HDFC Securities believes corporate governance overhang is plaguing the company and the stock might possibly end up in two digits.
Dipan Mehta, Member at BSE & NSE is of the view that one can avoid real estate stocks.
Pankaj Jain of Sunteck Wealthmax recommends buying DLF and Zee Entertainment Enterprises.
Hemen Kapadia of KR Choksey Securities advises selling Asian Paints with a target of Rs 622 and Aditya Birla Nuvo with a target of Rs 1597.
Vineet Bhatnagar, managing director of Phillip Capital is of the view that one may avoid real estate, infrastructure and power space.
Sudarshan Sukhani of s2analytics.com recommends selling DLF as the stock may head lower.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities has a negative view on Housing Development and Infrastructure and DLF.
According to Hemen Kapadia of KR Choksey Securities, one may hold DLF at current levels.
Akshata Deshmukh of Trading Networth Stock Broking is of the view that one may buy DLF on dips.
Ambareesh Baliga, Market Expert is of the view that DLF may test Rs 165-170.
Mithil Pradhan, CMT Head - Technicals and Derivatives at Violet Arc Global Managers recommends buying Asian Paints and advises selling DLF and Allahabad Bank.
Rahul Singh, Head of Equity Research at Standard Chartered Securities is of the view that one may prefer Sobha Developers, Prestige Estates Projects and DLF.
Rishi Kohli of ProAlpha Systematic Capital is of the view that DLF may test Rs 200-205.
Following are the stocks that an investor needs to keep an eye on: ICICI Bank, HCL Tech, Maruti Suzuki, Spicejet, DLF, Dalmia Bharat, Hotel Leela, L&T Finance, Justdial, Havells India.
According to Hemen Kapadia of KR Choksey Securities, one may sell Tata Steel with a target of Rs 338 and buy Wipro with a target of Rs 568.
Hemant Thukral of Aditya Birla Money recommends booking profits in State Bank of India, Axis Bank and YES Bank from the banking space.