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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, HDFC and Yes Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bajaj Finance, Cairn India, Bharti Airtel and HDFC Bank and sell Ceat.
Amit Gupta of ICICIdirect recommends selling Bank Nifty 19100 Put and expects momentum in Petronet LNG and recommends buying HDFC 1300 Call and at the money Call Options in TVS Motor Company.
CLSA retains buy call on Bharti Airtel but lowered target price to Rs 393 from Rs 398 per share as decline in revenue is hit by double whammy of demonetisation and Jio's free offers.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy HDFC Bank with target of Rs 1310.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Coromandel International, Tata Motors and NTPC.
In an exclusive CNBC-TV18 panel discussion, market experts SP Tulsian, Dipan Mehta, Daljeet Singh Kohli and Prakash Diwan listed out their top stock bets ahead of the Budget.
Mehraboon Irani of Nirmal Bang Securities is of the view that IndusInd Bank and HDFC Bank are the best bets.
Market expert S P Tulsian of sptulsian.com is positive on stocks of housing finance companies some of which performed well on the bourses during the day. “If you want to have a positional view either as an investor or a trader, then DHFL, Indiabulls Housing and LIC Housing,†he advised.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market and also gave recommendations on various stocks.
Mehraboon Irani of Nirmal Bang Securities has a positive view on HDFC Bank and IndusInd Bank.
Hemant Thukral of Aditya Birla Money likes Bank Nifty and has a buy on HDFC Bank and Apollo Tyres.
Sudarshan Sukhani of s2analytics.com is of the view that IndusInd Bank is an attractive buying opportunity.
According to Mitesh Thacker of miteshthacker.com, one can buy HDFC Bank, MRF, Adani Ports, Fortis Healthcare and Hindustan Copper.
Mitesh Thacker of miteshthacker.com suggests buying HDFC Bank and sell Petronet LNG.
According to Prakash Gaba of prakashgaba.com, HDFC Bank looks good while M&M may test Rs 1225.
Prakash Gaba of prakashgaba.com is of the view that HDFC Bank can climb to Rs 1225 while Indiabulls Housing Finance may test Rs 700.
According to Rajat Bose of rajatkbose.com, one can sell Dewan Housing Finance and buy HDFC Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HDFC Bank and Hindustan Zinc and sell Jet Airways and Cummins India.
In an interview to CNBC-TV18 Abhimanyu Sofat of IIFL shared his reading and outlook on the market.
Goldman Sachs retains buy call on Bharti as recent correction offers attractive entry point. It says new offer may help Bharti to gain some subscriber market share. It says Vodafone and idea may come up with similar plans in the near future.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Bharat Electronics and sell HDFC Bank.
CLSA says SBI's lending rate cut can lift growth at lower margins. It adds that lower rates could regain growth & help regain some share from bond markets. It feels the move is negative for margins but applies to incremental loans.
Ashwani Gujral of ashwanigujral.com recommends buying Chennai Petroleum, HDFC Bank and Yes Bank.
Mitesh Thacker of miteshthacker.com recommends buying HDFC Bank and Jain irrigation Systems.