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
VK Sharma, Head-Private Broking & Wealth Management at HDFC Securities is of the view that one can buy Tata Comm, UltraTech Cement, Petronet LNG and Hero Moto and sell Idea Cellular.
Vijay Chopra of enochventures.com is of the view that one may look at auto, pharma and cement stocks post correction.
Rahul Shah of Motilal Oswal is of the view that one can buy Hero Moto, Indian Oil Corporation and Grasim Industries.
Mitesh Thacker of miteshthacker.com is of the view that one may hold IGL and buy Capital First and Hero MotoCorp.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Here are top stock picks from auto, telecom and oil & gas space. CLSA upgrades Tata Steel to buy from sell with target price of Rs 500 and upgrades JSW Steel to buy from sell with target price at Rs 2400 per share.
Rahul Shah of Motilal Oswal is of the view that one may buy Sun Pharmaceutical Industries, Grasim Industries and JSW Steel.
Prakash Gaba of prakashgaba.com feels that Bharat Financial Inclusion may move to Rs 925-940.
Ashwani Gujral of ashwanigujral.com advises selling Cipla and Wockhardt.
Ashwani Gujral of ashwanigujral.com feels that TVS Motor may touch Rs 400-420.
Ashwani Gujral of ashwanigujral.com advises buying Hero Motocorp.
Ashwani Gujral of ashwanigujral.com advises selling DLF and Jain Irrigation.
I am taking this as a second round of up move on anticipation of very good numbers to be seen from all of them and more specially if you need to put me in the pecking order probably I will go with Ujjivan, Capital First and then the Equitas Holding, said SP Tulsian.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market and also gave recommendations on various stocks.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his view on textile, auto stocks. He also spoke on the NBFC and the jewellery space.
Yogesh Mehta of Motilal Oswal Securities is of the view that one can buy TVS Motor, Hero MotoCorp and Dish TV.
Ashwani Gujral of ashwanigujral.com prefers Bajaj Auto and Hero MotoCorp from the 2-wheeler space.
Mitesh Thacker of miteshthacker.com is of the view that one may see profit booking in Bajaj Auto and Hero Moto.
According to Mitesh Thacker of miteshthacker.com, one can buy Tata Motors and Maruti Suzuki on declines.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com explains why he likes the two wheeler space. He also explains why it is now the best time to book profits on TVS Motor. He talks about Orient Paper's demerger and shares his views on its restructuring.
According to Ashwani Gujral of ashwanigujral.com, one can buy Hero MotoCorp, LIC Housing Finance and State Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying Hero MotoCorp and the stock should see levels of Rs 4200.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his view on auto stocks, what concerns him about Gujarat Flouro's business and whether Yes Bank will have to revise its QIP pricing to attract more investors and make it a success.
Mitesh Thacker of miteshthacker.com recommends buying Reliance Industries and Hero MotoCorp and advises selling Bharti Airtel.