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
Rajesh Agarwal of AUM Capital recommends buying Delta Corp with stop loss at Rs 237 and target of Rs 257, Infosys with stop loss at Rs 1255 and target of Rs 1309 and UPL with stop loss at Rs 685 and target of Rs 719.
Nifty may find strong support around 10450-10500 level, where Puts have been written. To conclude, our advice would be to remain long with the stop loss of 10450 level.
Rakesh Bansal of RK Global advises buying Interglobe Aviation with a target of Rs 1330.
Short rollover to March series could lead to further selling pressure and long unwinding in coming trading sessions.
Pankaj Jain of SW Capital is of the view that one may buy HCL Info with a target of Rs 62.
Mitessh Thakkar of mitesshthakkar.com advises buying HCL Infosystems and Bajaj Auto.
Ruchit Jain of Angel Broking is of the view that one may buy Cholamandalam Finance with a target of Rs 1333.
Prakash Gaba of prakashgaba.com feels that HCL Infosystems may move to Rs 51-52.
Prakash Gaba of prakashgaba.com is of the view that one may stay invested in HCL Infosystems.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Bata India, Steel Authority of India and HCL Infosystems and can sell Ceat and Escorts.
Sumeet Jain of Destimoney Securities is of the view that one may buy Gujrat Gas with a target of Rs 878.
Prakash Gaba of prakashgaba.com is of the view that Amara Raja Batteries can climb to Rs 925 while HCL Infosystems may test Rs 58.
Ashwani Gujral of ashwanigujral.com suggests accumulating Delta Corp and advises looking at HCL Infosystems while he feels that Sobha looks good.
Prakash Gaba of prakashgaba.com recommends shorting Tata Steel and Colgate Palmolive and advises buying HCL Infosystems and Hindustan Unilever.
Sameet Chavan of Angel Broking advises buying Britannia Industries with a target of Rs 3030.
Prakash Gaba of prakashgaba.com is of the view that Berger Paints can climb to Rs 228 and likes HCL Infosystems with target of Rs 62.
Ashwani Gujral of ashwanigujral.com recommends buying NBCC, NCC and HCL Infosystems.
Ashwani Gujral of ashwanigujral.com recommends buying GSFC and Petronet LNG and sell Sun Pharma, Bharti Infratel and JSW Steel.
Ashwani Gujral of ashwanigujral.com recommends buying GSFC, HCL Infosystems and India Cements.
SP Tulsian of sptulsian.com shares his take on his picks within the constructuion space, outlook on crude derivatives prices and the impact on companies and stocks that can be played on the back of government's push towards digitisation.
SP Tulsian of sptulsian.com expresses his concerns over the white goods space and spells out the negatives of the recently listed Sheela Foam. He also talks about Bajaj Finance, Pidilite and Asian Paints.
Mitesh Thacker of miteshthacker.com recommends buying Century Textiles, Reliance Industries, Apollo Tyres and HCL Infosystems.
CNBC-TV18‘s Varinder Bansal has a list of stocks that are likely to benefit from the Indian economy moving towards cashless payments.
SP Tulsian of sptulsian.com shares his rationale behind his bullish view on Crompton Greaves, Motherson Sumi and Bharat Forge.