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
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hero MotoCorp, Tech Mahindra and Tata Consultancy Services and feels that Coromandel International may hit Rs 320.
In a CNBC-TV18 interview, SP Tulsian of sptulsian.com shared his reading and outlook on market and specific stocks.
SP Tulsian, sptulsian.com, shares his views on public sector banks (PSB), Tata Motors after the decline in Jaguar Land Rover (JLR) sales in the US, and certain other important stocks of the day.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Supreme Petro, GSFC, Escorts.
Ashwani Gujral of ashwanigujral.com recommends buying Gujarat State Fertilizers & Chemicals, Rallis India and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com recommends buying Jain Irrigation Systems, Wockhardt and Reliance Industries.
Ashwani Gujral of ashwanigujral.com recommends buying BHEL, GSFC and Indra Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Gujarat State Fertilizers & Chemicals and advises selling Oriental Bank of Commerce and Apollo Tyres.
Ashwani Gujral of ashwanigujral.com recommends buying Hexaware Technologies, Bank of Baroda, Tata Motors, SRF and YES Bank.
Manas Jaiswal of manasjaiswal.com suggests buying GSFC with a target of Rs 77.
Jay Thakkar of Sharekhan suggests buying Indraprastha Gas with a target of Rs 484.
Ambareesh Baliga, Independent Market Expert is of the view that one can look at UPL, Rallis India and Chambal Fertiliser.
Sudarshan Sukhani of s2analytics.com is of the view that one may exit Gujarat State Fertilizers & Chemicals.
Check out the stocks that are buzzing the most today – Maruti, Asian Paints, NCC, GSFC, Bombay Dyeing, Aban Offshore, GHCL & Redington.
Pankaj Jain of Sunteck Wealthmax recommends buying DCB Bank and Vivimed Labs.
AK Prabhakar, Independent Advisor advises buying Eros International for a target price of Rs 300 and Bank of India for a target price of Rs 319.
According to Kunal Bothra, Head of Advisory at LKP, one may buy Gujarat State Fertilizers & Chemicals on declines.
Phani Sekhar, Fund Manager-PMS at Angel Broking is of the view that Gujarat State Fertilizers & Chemicals may touch Rs 160-170 in next two-three years.
Vishal Malkan of malkansview.com is of the view that one may see upside in Gujarat State Fertilizers & Chemicals and expects the stock to test Rs 100-110.
Deven Choksey, MD at KR Choksey Shares and Securities is of the view that Gujarat State Fertiliser & Chemicals (GSFC) is a value pick.
Nooresh Merani, AVP Technical at AMSEC Research advices to buy Karnataka Bank, Gujarat State Fertilizers & Chemicals (GSFC), Tech Mahindra and Mahindra Satyam.
Rajesh Agarwal of Eastern Financiers advised buying Mahindra Ugine for a target price of Rs 93 and IVRCL for a price target of Rs 17.50.
Nooresh Mirani, AVP Technical of AMSEC Research recommends buying Reliance Capital, Power Finance Corporation, Gujarat State Fertilizers & Chemicals, Aditya Birla Nuvo.
Rajesh Agarwal of Eastern Financiers advises buying Mahindra Ugine for a target price of Rs 85 and Panacea Biotec for a target price of Rs 135.
Nooresh Merani of AMSEC Research advocates buying Dena Bank, Allahabad Bank, Jain Irrigation and Gujarat State Fertilizers & Chemicals.