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 suggests buying Infosys, BEML and HDFC Bank.
Rajat Bose of rajatkbose.com recommends selling HDFC Bank with a target of Rs 1150 and Cipla with a target of Rs 546.
Mitesh Thacker of miteshthacker.com is of the view that one may go long in Infosys and sell HDFC Bank, LIC Housing Finance, Hindustan Unilever and Century Textiles and Industries.
In an interview to CNBC-TV18, Ajay Bodke of Prabhudas Lilladher shared his readings and outlook on specific stocks and sectors.
Mehraboon Irani of Nirmal Bang Securities is of the view that one can buy State Bank of India, HDFC Bank, IndusInd Bank, Bank of Baroda and ICICI Bank.
Mayuresh Joshi, Fund Manager at Angel Broking has an optimistic view on banks and prefers staying with large PSU and private banks including HDFC Bank and State Bank of India.
According to Mitesh Thacker of miteshthacker.com, one can buy HDFC Bank and Cummins India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HDFC and avoid HDFC Bank and ICICI Bank.
Credit Suisse suggests avoiding PSU Banks and YES Bank as RBI raising cash reserve ratio (CRR) will drain Rs 3.3 lakh crore of liquidity. It recommends well capitalised banks. It says intent to drain out excess liquidity may push bond yields up.
After demonetisation, lot of borrowers, especially smaller ones, have been finding it difficult to pay their dues or instalments on time. Hence, in a relief to them, the Reserve Bank of India on Monday relaxed norms, saying it has been decided to provide an additional 60 days to lenders to convert standards assets into substandard assets.
Amit Gupta of ICICIdirect is of the view that HDFC Bank can slip to Rs 1200 while Power Grid may hit Rs 204.
Mitesh Thacker of miteshthacker.com recommends selling Crompton Greaves, HDFC Bank.
Mitesh Thacker of miteshthacker.com recommends buying Tech Mahindra and Corporation Bank and sell Glenmark Pharma, HDFC Bank and Karnataka Bank.
Credit Suisse maintains underperform call on GAIL with target unchanged at Rs 310 per share as transmission segment robust and polymer ramp-up promising.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank and Hindustan Unilever and advsies selling Bajaj Finance.
Chandan Taparia, Derivative & Technical Analyst of Anand Rathi Securities recommends buying HDFC Bank and Vedanta and feels that Ambuja Cements may test Rs 212.
Sudarshan Sukhani of s2analytics.com is of the view that State Bank of India and HDFC Bank are the best and recommends buying the stocks.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Apollo Hospitals, IndusInd Bank and Tata Motors and buy HDFC Bank and Power Grid.
Mitesh Thacker of miteshthacker.com recommends selling Bajaj Auto, HDFC and Pidilite Industries and advises buying HDFC Bank and State Bank of India.
Mitesh Thacker of miteshthacker.com recommends buying Coal India and HDFC Bank.
Sandeep Wagle of powermywealth.com recommends buying HDFC Bank, Lupin and Colgate Palmolive.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dabur India, NTPC, HDFC Bank and ICICI Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank, Hindustan Unilever and Dabur India.
ICICI Direct sees Sensex EPS to grow 16.4 percent YoY to Rs 1600 in FY17 and then witness growth of 17.5 percent YoY in FY18 to Rs 1880. It has set a one year forward target of 31000 for the Sensex and 9400 for the Nifty.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HDFC Bank and India Cements and buy GNFC.