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
Hemant Thukral of Aditya Birla Money recommends buying HDFC Bank on dips and feels that HDFC may test Rs 1175.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Havells India and sell Tata Steel.
Shares of the private sector lender have plummeted post fourth quarter earnings but in a note to investors, Nomura says, “Stay put, valuations discounting the pain:â€
Anand Tandon, Market Expert is of the view that one may prefer YES Bank, IndusInd Bank and perhaps Kotak Mahindra Bank or HDFC Bank.
Prakash Diwan of prakashdiwan.in is of the view that one can avoid Axis Bank.
Hemant Thukral of Aditya Birla Money has a bullish stance on YES Bank, IndusInd Bank and HDFC Bank.
Sandeep Wagle of powermywealth.com is of the view that one can buy HDFC Bank, Oil India and NCC.
Prakash Diwan of prakashdiwan.in recommends keeping HDFC Bank in the portfolio and prefers DCB Bank.
Neeraj Deewan of Quantum Securities is of the view that one can pick Larsen & Toubro and Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank at around Rs 1030-1065.
Rajat Bose of rajatkbose.com recommends selling HDFC Bank and Vedanta and feels that Ambuja Cements may hit Rs 211.90.
Sudarshan Sukhani of s2analytics.com recommends buying HDFC Bank, Hindustan Unilever and Godrej Industries.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer ICICI Bank, Cummins, HCL Technologies, Tech Mahindra and Sun Pharma.
Ajay Bodke of Prabhudas Lilladher is of the view that IndusInd Bank and HDFC Bank are the top buys from the private banking space and expects better Q4 numbers.
Prakash Gaba of prakashgaba.com is of the view that IndusInd Bank may test Rs 965 while HDFc Bank may hit Rs 1075.
Amit Gupta, Head- Derivatives at ICICIdirect is of the view that one may go long in HDFC Bank and short Nifty.
Sudarshan Sukhani of s2analytics.com is of the view that one may see higher levels in GAIL India and recommends buying HDFC Bank.
Ashish Kyal of wavesstrategy.com is of the view that one may pick IndusInd Bank and HDFC Bank.
Rajat Bose of rajatkbose.com recommends selling HDFC Bank and YES Bank and advises buying ITC and Hindustan Unilever.
Sudarshan Sukhani of s2analytics.com recommends selling Arvind and advises buying Hexaware Technologies and HDFC Bank.
Aditya Agarwal of Way2Wealth Securities is of the view that one may short HDFC bank with a target of Rs 995.
Mehraboon Irani of Nirmal Bang Securities likes YES Bank, HDFC Bank, IndusInd Bank and Kotak Mahindra Bank.
CNBC-TV18‘s Ekta Batra lists out stocks to focus on - Lupin, HDFC, ITC, BPCL, IOC, HPCL, Cairn India, and Crompton Greaves.
Rajat Bose of rajatkbose.com is of the view that Jet Airways may test Rs 556 while he prefers HDFC Bank over HDFC for buying.
Ashwani Gujral of ashwanigujral.com advises buying NTPC, L&T and HDFC Bank.