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
Dhananjay Sinha - Head, Institutional Research at Emkay Global Financial Services is of the view that one can pick Asian Paints, Britannia Industries and Marico and likes YES Bank, HDFC Bank and HCL Technologies.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sun Pharma and feels that all banking stocks are sell ideas.
Ashwani Gujral of ashwanigujral.com recommends buying NIIT Tech and advises selling Indraprastha Gas and Divis Lab.
Ashwani Gujral of ashwanigujral.com recommends selling ICICI Bank, HDFC Bank, BHEL and Voltas and advises buying Cadila Healthcare and Aurobindo Pharma.
Ashwani Gujral of ashwanigujral.com recommends selling DLF, SBI and HPCL.
Mayuresh Joshi of Angel Broking likes HDFC Bank and ICICI Bank from the top tier private sector banks.
According to CLSA, Q4 NPL addition is likely to be over Rs 70,000 crore (though a bit down QoQ) and, like Q3, 90 percent of this could be from PSU banks - their stressed loan ratios are now at 11-23 percent.
Prakash Gaba of prakashgaba.com recommends going long in Hindustan Unilever and HCL Tech and feels that HDFC Bank and Wipro look good.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma, Cairn India, Tata Steel, Bank of Baroda and Torrent Pharma.
Rajat Bose of rajatkbose.com recommends buying United Breweries for a target of Rs 820.
Rajat Bose of rajatkbose.com is of the view that Asian Paints may test Rs 866 while HDFC Bank may hit Rs 1010.
Rakesh Bansal of RK Global recommends selling Ajanta Pharma with a target of Rs 1160 and Bharat Electronics Limited with a target of Rs 1000.
Gaurav Bissa of LKP Securities recommends selling HDFC Bank for target of Rs 940.
Amit Gupta of ICICIdirect recommends buying Titan Company on dips and feels that ITC may test Rs 300.
Rajat Bose of rajatkbose.com recommends selling ITC and feels that HDFC Bank may test Rs 1,013.
Mehraboon Irani of Nirmal Bang Securities is of the view that HDFC Bank and City Union Bank are the best bets.
Shubham Agarwal of Motilal Oswal Securities is of the view that HDFC Bank may test Rs 1,270.
Ravikant Bhat - Research Analyst at IDBI Capital is of the view that one can buy YES Bank and HDFC Bank.
In an interview to CNBC-TV18's Latha Venkatesh and Sonia Shenoy, Manoj Murlidharan of Religare Securities and Yogesh Radke of Edelweiss Securities gave their outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Pankaj Jain of SW Capital is of the view that one may pick HDFC Bank.
Rajat Bose of rajatkbose.com recommends buying HDFC Bank and feels that Dr Reddy's Labs may test Rs 2970.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Axis Bank.
Mayuresh Joshi of Angel Broking likes HDFc Bank over Kotak Mahindra Bank.
Amit Gupta of ICICIdirect is of the view that Asian Paints may test Rs 926.
Sudip Bandopadhyay, Market Expert recommends buying HDFC Bank, IndusInd Bank and Kotak Mahindra Bank.