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
Bharat Financial Inclusion, Airtel and Zee Entertainment could be on investors' mind. Meanwhile, they also have a view on information technology and automobile sector.
According to Prakash Gaba of prakashgaba.com, Hero MotoCorp can climb to around Rs 3400 while Lupin can head to Rs 1505.
Rising liquidity in domestic MFs is one of the biggest factors in driving rally on D-Street which is trading at record highs.
Prakash Gaba of prakashgaba.com recommends buying and holding Bajaj Auto as the stock can climb to Rs 3000.
Sudarshan Sukhani of s2analytics.com recommends buying Hero MotoCorp, Kotak Mahindra Bank, Bharti Infratel, Sobha and Credit Analysis and Research.
Rahul Shah, Associate VP- Equity Advisory Group at Motilal Oswal recommends buying IndusInd Bank, Hero MotoCorp and Mindtree.
According to VK Sharma, Head of Business-Private Client Group at HDFC Securities, one can buy Hero MotoCorp 3350 Call, YES Bank 1500 Call and Oil India 340 Call.
Mitessh Thakkar of miteshthacker.com recommends buying Hero MotoCorp, Dabur India and Future Market Networks.
According to Chandan Taparia of Motilal Oswal Securities, one can buy Hero MotoCorp and Hindustan Unilever and sell Shriram Transport Finance.
Rajat Bose of rajatkbose.com is of the view that Hero Motocorp may test Rs 3285 while Balkrishna Industries may hit Rs 1410.
In an interview to CNBC-TV18's Prashant Nair and Sumaira Abidi, Rahul Arora, CEO at Nirmal Bang Institutional Equities shared his readings and outlook on market and specific stocks.
Brokerage houses feel demand will be lower in certain segments, but improvement in cash situation could aid it in other segments.
In an interview to CNBC-TV18, Mayuresh Joshi, Fund Manager at Angel Broking shared his readings and outlook on specific stocks and sectors.
Mitessh Thakkar of miteshthacker.com is of the view that below Rs 3160, Hero MotoCorp may test Rs 3080.
Brokerage house foresees Maruti Suzuki outperforming the PV industry, driven by compact UVs and Baleno. However, two-wheelers could be under pressure as the rural economy is still gradually recovering from demonetisation impact.
According to Chandan Taparia of Motilal Oswal Securities, one can buy Ceat and Hero MotoCorp and sell Ashok Leyland.
Ashwani Gujral of ashwanigujral.com suggests buying DCB Bank, Cadila Healthcare, IndusInd Bank and Grasim Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Aurobindo Pharma, Dish TV and Hero MotoCorp.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Axis Bank and advises selling Hero Motocorp.
According to Sandeep Wagle of powermywealth.com, one can sell Hero MotoCorp and DLF and buy Indraprastha Gas.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Eicher Motors, Hero MotoCorp, Larsen & Toubro, Axis Bank and Hexaware Technologies.
According to Sudip Bandopadhyay, Market Expert one can buy Lupin at the current level.
In an interview to CNBC-TV18, Deven Choksey, MD of KRChoksey Investment Managers shared his readings and outlook on specific stocks and sectors.
While retaining overweight rating with increased target price at Rs 185 (from Rs 180 earlier), JPMorgan expects NTPC to close the acquisition of phase-I of Chhabra plant by March. Inorganic growth plan are EPS accretive, it feels.
VK Sharma, Head-Business, Private Client Group at HDFC Securities is of the view that one can buy Eicher Motors 24000 Call and Hero MotoCorp 3250 Call.