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
Amit Harchekar of A Plus Analytics recommends shorting Tata Consultancy Services and Federal Bank. "One can go long in Tata Steel," he adds.
Here are top 10 stocks to focus on April 16 - M&M, Federal Bank, Shree Renuka, Bajaj Hindusthan, Deepak Fertilisers, Mangalore Chemicals, Lupin, Future Retail, Gammon India and Eicher Motors.
Kunal Bothra of LKP Securities recommends selling Federal Bank as the stock may test Rs 115-120 over the next one-two weeks.
Pritesh Mehta of IIFL recommends selling Federal Bank with a target of Rs 120-121.
Rahul Arora - CEO at Nirmal Bang Institutional Equities is positive on State Bank of India. "Federal Bank is the top pick in the midcap banking space," he says.
Here are top 10 stocks to focus on February 24 - Wockhardt, Federal Bank, Bharti Airtel, Idea Cellular, Reliance Communication, State Bank of India, Punjab National Bank, Bank of Baroda, Bank of India and Omaxe.
Pritesh Mehta of IIFL is of the view that one can buy Federal Bank with a target of Rs 155.
MB Mahesh – Banking Analyst - Kotak Institutional Equities is of the view that one may prefer ICICI Bank, Axis Bank, DCB Bank, Federal Bank and State Bank of India.
From the PSU banking space MB Mahesh, Kotak Institutional Equities is selective and prefers State Bank of India over most others even at current levels.
Nischal Maheshwari - Head - Research at Edelweiss Capital is of the view that one may buy UltraTech Cement, J K Lakshmi Cement and ACC.
According to Dilip Bhat of Prabhudas Lilladher, one may bet on Century Plyboards and Federal Bank.
Ajay Bodke of Prabhudas Lilladher is positive on Federal Bank, Cummins India, Thermax and Ashoka Buildcon.
Amisha Vora of Prabhudas Lilladher is of the view that one may prefer ICICI Bank and Federal Bank.
Ashish Chaturmohta of Fortune Equity Broker advises going long in Federal Bank and Canara Bank.
Kunal Saraogi of Equityrush recommends buying JSW Energy and Federal Bank.
Amisha Vora, Joint Managing Director at Prabhudas Lilladher is of the view that one may accumulate Federal Bank on declines.
Here are top 10 stocks to focus on December 12 - Federal Bank, JSW Energy, BEL, IDFC, Bharti Airtel, OnMobile Global, WPIL, IL&FS Engineering, Ceat and Wipro.
CK Narayan, MD at Growth Avenues is of the view that one may prefer Reliance Capital, LIC Housing, Shriram Transport and Federal Bank.
Meghna V Malkan of malkansview.com recommends buying Federal Bank for a target price of Rs 156 and CESC for a target price of Rs 725.
Pankaj Jain of Sunteck Wealthmax recommends buying DLF with a target price of Rs 155 and Alstom T&D with a target price of Rs 465.
Meghna V Malkan of malkansview.com is of the view that one can buy JSW Energy for a target price of Rs 88 and Idea Cellular for a target price of Rs 179.
Speaking on the sidelines of the Small and Midcap Conference, Dilip Bhat, managing director, Prabhudas Lilladher, says the brokerage firm believes in quality and hence has invested into stocks that may be relatively overpriced.
Parag Thakkar of HDFC Securities recommends buying Federal Bank and IndusInd Bank.
Pankaj Jain of Sunteck Wealthmax advises buying SpiceJet with a target price of Rs 17.65 and Man Industries with a target price of Rs 87.50.
Parag Thakkar of HDFC Securities recommends buying IndusInd Bank or Federal Bank on dips.