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
Mitessh Thakkar of mitesshthakkar.com recommends buying Dish TV with a stop loss of Rs 79 and target of Rs 85, a buy on GMR Infra with a stop loss of Rs 19.20 and target of Rs 21 and a buy on JSW Energy with a stop loss of Rs 84 and target of Rs 91.
Mehraboon Irani of Nirmal Bang Securities is of the view that one can buy Larsen and Toubro and prefers GMR Infra.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Godrej Industries, Equitas Holding, GMR Infrastructure and PC Jeweller and can sell Interglobe Aviation.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Sun Pharma and hold GMR Infra.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Ajanta Pharma and Andhra Bank and can sell GMR Infrastructure and Bharat Financial Inclusion.
Ashwani Gujral of ashwanigujral.com has a buy on Gujarat Alkalies with a stop loss of Rs 775, target of Rs 800, a buy on Gujarat Fluorochemicals with a stop loss of Rs 920, target of Rs 960 and a buy on GSFC with a stop loss of Rs 156, target of Rs 170.
Technical Analyst Ashwani Gujral has buys on IGL, Tata Steel and PVR while Mitessh Thakkar has buys on Grasim and GMR Infra and has sell calls on Dish TV and IOC.
Nifty added on to its morning gains on Thursday with the index inching up 47.45 points at 10,032.80 while the Sensex added 132.86 points at 31,966. Vedanta, Lupin, Sun Pharma along with TCS were some of the top gainers in the Nifty.
Vijay Chopra of enochventures.com advices buying Sun Pharma with a target of Rs 530.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GMR Infrastructure, GVK Power and Motilal Oswal.
Krish Subramanyam of Altamount Capital recommends buying Bharat Electronics and GMR Infrastructure.
Ashwani Gujral of ashwanigujral.com advises buying HDFC, V-Guard Industries and Indraprastha Gas.
Mitessh Thakkar of miteshthacker.com suggests buying IRB Infrastructure Developers and GMR Infra.
Ambareesh Baliga, Independent Market Expert is of the view that UltraTech Cement, Asian Paints, Whirlpool and GMR Infra are good bets.
Rakesh Bansal of RK Global is of the view that one may buy NHPC with a target of Rs 35.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian spoke about his readings and outlook on the fundamentals of the market and specific stocks.
Ashu Madan of Religare Securities has an optimistic view on Ramco Cements.
Sumeet Jain of Destimoney Securities is of the view that one may buy India Cements with a target of Rs 234.
After the public sector banks, private banks could also see some consolidation, believes SP Tulsian of sptulsian.com.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com discusses why he believes Indiabulls Real Estate can see a gain of 20-25 percent in 2017.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer infrastructure stocks.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
AK Prabhakar of IDBI Capital is of the view that one may hold GMR Infrastructure with a long term view.
According to Rakesh Bansal, VP at RK Global, one can buy Adlabs Entertainment, PTC India, Ahluwalia Contracts and GMR Infra.