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
Mitessh Thakkar of miteshthacker.com is of the view that Bharat Forge looks interesting while Hero Moto and Lupin are good bets for one-two days.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
In an interview to CNBC-TV18, Rajen Shah, Chief Investment Advisor at Tradebulls Group shared his readings and outlook on specific stocks and sectors.
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.
Yogesh Mehta of Motilal Oswal is of the view that Hindalco Industries may test Rs 185, Hero MotoCorp Rs 3200 and HDFC Rs 1280.
Sudarshan Sukhani of s2analytics.com recommends buying Hero MotoCorp, NTPC, and DLF.
Sudarshan Sukhani of s2analytics.com is of the view that NTPC, Tata Steel and Power Grid are excellent buying opportunities.
Mitessh Thakkar of miteshthacker.com suggests buying Britannia Industries, Hero MotoCorp and NTPC and advises selling NIIT Tech and Petronet LNG.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Havells India and sell Hero MotoCorp.
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.
According to Sandeep Wagle of powermywealth.com, one can buy IGL and Sun TV Network and sell Hero MotoCorp.
In an interview to CNBC-TV18, Prakash Diwan, Market Expert at Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Amit Trivedi, Co-Founder of investworks.in is of the view that one can sell strangle in MotoCorp of 2900 Put and 3100 Call.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, gives a positive outlook on cement and few auto stocks.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Harendra Kumar of Elara Capital shared his reading and outlook on the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com recommends selling Bajaj Auto and Maruti Suzuki and advises buying Tata Motors.
Valuations of Glenmark look attractive, Macquarie says, adding it is one the top picks in pharma space with a target of Rs 1,350.
Ashwani Gujral of ashwanigujral.com recommends buying Biocon and Indraprastha Gas and advises selling Union Bank of India, Bharat Financial Inclusion and Just Dial.
Nomura has upgraded Axis Bank to buy from neutral with increased target price at Rs 550 (from Rs 540 earlier) as asset quality risks priced in.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money recommends buying Hero MotoCorp with target of Rs 3350.
Ashwani Gujral of ashwanigujral.com recommends buying Engineers India, Bharat Forge, Vedanta, Biocon and Indraprastha Gas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Eicher Motors, Adani Ports, HDFC and Hero Motocorp.
With maintaining Maruti Suzuki, Eicher Motors and Tata Motors as preferred picks in auto sector, Nomura said for Tata Motors, China luxury tax impact on EBITDA is likely to be less than 1 percent even if around 20 percent of buyers switch from Range Rover to Range Rover Sport.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indraprastha Gas, Engineers India and HDFC.