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
Chandan Taparia of Anand Rathi Securities recommends buying State Bank of India, Maruti Suzuki and HCL Technologies.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank and NBCC and sell HCL Technologies.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Oriental Bank of Commerce and sell HCL Technologies and Tech Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IndusInd Bank, M&M Financial Services and ITC and sell HCL Tech.
Sandeep Wagle of powermywealth.com is of the view that one can buy JSW Steel and Lupin and sell HCL Technologies.
On Friday, the day of Brexit referendum results, the benchmark Sensex lost nearly 1,100 points intra-day before closing 604.51 points lower. Investors' wealth in stock market took a hit of nearly Rs 1.8 lakh crore on that day.
The UK accounts for 9-15 percent of revenues for Indian IT firms, with the highest exposure at TCS and the lowest at Infosys. IT stocks are reeling under pressure on Monday with TCS, Infosys, HCL Tech and Tech Mahindra losing around 1 percent each.
Chandan Taparia of Anand Rathi Securities recommends buying Reliance Industries 1000 Call.
Ashwani Gujral of ashwanigujral.com recommends buying M&M Financial Services, YES Bank, UPL and Larsen & Toubro and has a positive view on DLF.
Gaurang Shah of Geojit BNP Paribas suggests exiting United Breweries.
Sandeep Wagle of powermywealth.com suggests buying Jubilant Foodworks and HCL Technologies.
Sahil Kapoor of Edelweiss Broking recommends buying Indian Hotels and Kotak Mahindra Bank and advises selling HCL Tech on rise.
Manoj Murlidharan of Religare Securities recommends buying HCL Technologies for target of Rs 748.
Ashwani Gujral of ashwanigujral.com recommends buying Dish TV and Mahindra and Mahindra.
Manas Jaiswal of manasjaiswal.com recommends buying Jet Airways with a target of Rs 690 and KPIT Technologies with a target of Rs 170.
Manoj Murlidharan of Religare Securities is of the view that one can buy HCL Tech and Biocon and sell Union Bank of India and Bank of India.
Sameet Chavan of Angel Broking is of the view that one may buy Gail India with a target of Rs 375.
According to Ashwani Gujral of ashwanigujral.com, one may ignore HCL Technologies.
Mayuresh Joshi of Angel Broking is optimistic on HCL Technologies over the next couple of years.
Krish Subramanyam of Altamount Capital recommends buying HCL Tech 760 Call and sell 800 Call.
Yogesh Mehta of Motilal Oswal Securities is of the view that one can go long in Coal India for target of Rs 300 and buy HCL Tech at around Rs 780-800.
Prakash Gaba of prakashgaba.com is of the view that one may short Larsen & Toubro and feels that Reliance Industries may test Rs 967.
Ashwani Gujral of ashwanigujral.com recommends selling TVS Motor and advises buying Kolte-Patil Developers.
Sudarshan Sukhani of s2analytics.com recommends buying Maruti Suzuki on declines.
Ashwani Gujral of ashwanigujral.com recommends buying Saregama India and Suryalakshmi Cotton and adivises shorting HCL Tech.