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
Manish Sharma of derivativetradingresearch is of the view that one may buy Petronet LNG with a target of Rs 280.
Manish Sharma of derivativetradingresearch advises buying Sun TV with a target of Rs 378.
Sandeep Wagle of powermywealth.com recommends buying Indiabulls Real Estate and YES Bank and advises selling NMDC and Coal India.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com spoke about his outlook on the market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying HDIL, Ceat and Indiabulls Real Estate.
Prakash Gaba of prakashgaba.com recommends going long in Bharat Electronics and feels that Dabur India may hit Rs 280.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hindustan Unilever and Shriram Transport Finance.
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.
Prakash Gaba of prakashgaba.com recommends going long in IDBI Bank and feels that ONGC may test Rs 580 while Indiabulls Real Estate may hit Rs 60.
Sudarshan Sukhani of s2analytics.com recommends selling Indiabulls Real Estate and advises buying ACC and Interglobe Aviation.
Sudarshan Sukhani of s2analytics.com recommends buying Tata Steel and Vedanta.
Manas Jaiswal of manasjaiswal.com recommends buying Indiabulls Real Estate and Wockhardt.
According to Ashwani Gujral of ashwanigujral.com, one may buy Indiabulls Real Estate, Mindtree and Adani Ports.
Ashwani Gujral of ashwanigujral.com advises selling Indiabulls Real Estate, ICICI Bank and Motherson Sumi.
Amit Harchekar, Chief Technical Strategist at A PLUS Analytics recommends buying SRF, Indiabulls Real Estate and Reliance Capital and advises shorting Andhra Bank.
Jay Thakkar of Sharekhan recommends buying Pidilite Industries with a target of Rs 612.50 and Gujarat Pipavav Port with a target of Rs 164.
Hemen Kapadia of KRChoksey Securities advises selling Ashok Leyland with a target of Rs 87.
Manas Jaiswal of manasjaiswal.com advises buying Infosys with a target of Rs 1195.
Manish Sharma of derivativetradingresearch.com is of the view that one may buy Axis Bank with a target of Rs 425.
Krish Subramanyam of Altamount Capital is of the view that one may buy Apollo Tyres with a target of Rs 141.
Sharmila Joshi of Fairwealth Securities advises selling Adani Ports with a target of Rs 230.
Ashish Kyal, Founder & CEO at wavesstrategy.com advises selling Indiabulls Real Estate at around Rs 70.
Here are top 10 stocks picked up by CNBC-TV18's analysts in trade today - IDBI Bank, Indiabulls Real Estate, Marksans Pharma, Marico, NBCC, Sun Pharma, Interglobe Aviation, Cadila, HDIL, Eros International, Godrej Properties and Raymond.
Gaurav Ratnaparkhi of Sharekhan advises buying JK Tyre with a target of Rs 119.
Sameet Chavan of Angel Broking suggests buying Godrej Industries with a target of Rs 406.