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
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Bharat Financial Inclusion and Hero Motocorp.
Sandeep Wagle of powermywealth.com recommends buying Bharat Financial Inclusion, Hero MotoCorp and Power Grid.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IndusInd Bank, M&M Financial Services and ITC and sell HCL Tech.
In an interview to CNBC-TV18 Harendra Kumar of Elara Capital shared his reading and outlook on the market.
Rakesh Bansal of RK Global recommends buying Aditya Birla Nuvo, Grasim Industries, Colgate Palmolive, ACC and Hero MotoCorp.
On Friday, the day of Brexit referendum results, the benchmark Sensex lost nearly 1,100 points intra-day before closing 604.51 points lower. Investors' wealth in stock market took a hit of nearly Rs 1.8 lakh crore on that day.
Prakash Gaba, Technical Analyst at prakashgaba.com likes Hero MotoCorp for target closer to Rs 3120 and likes Mahindra & Mahindra.
After a long downturn, CLSA expects India's auto demand to gradually recover over the next two years. In FY17, it expects passenger vehicle (PV) industry sales to grow 9 percent YoY, 2-wheelers (2Ws) to grow 11 percent and medium & heavy commercial vehicles (M&HCVs) to grow 25 percent.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hero MotoCorp, Tech Mahindra and Tata Consultancy Services and feels that Coromandel International may hit Rs 320.
Rakesh Bansal of RK Global recommends buying Tech Mahindra, Bajaj Auto, Hero MotoCorp and Container Corporation of India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hero MotoCorp and Infosys and sell Jet Airways.
Navneet Daga of IIFL recommends going long in Indraprastha Gas and advises shorting Hero MotoCorp.
Ashwani Gujral of ashwanigujral.com recommends buying Adani Ports and advises selling Hero MotoCorp and HDFC.
Hemant Thukral of Aditya Birla Money is of the view that one can sell Hero MotoCorp and buy Vedanta.
According to Ashwani Gujral of ashwanigujral.com, one can buy Tata Motors at around Rs 430.
Ashwani Gujral of ashwanigujral.com advises buying Oriental Bank of Commerce, Union Bank of India and Hero Motocorp.
Sharmila Joshi of sharmilajoshi.com suggests holding Amara Raja Batteries.
Ashwani Gujral of ashwanigujral.com recommends buying Hero Motocorp and Navin Fluorine on declines.
Prakash Gaba of prakashgaba.com is of the veiw that Hero MotoCorp may test Rs 3190 while Hindustan Unilever may hit Rs 890 and LIC Housing Rs 483.
Yogesh Mehta of Motilal Oswal is of the view that one can buy UPL, Granules India and Hero MotoCorp.
Sudarshan Sukhani of s2analytics.com recommends buying DLF and Colgate Palmolive and feels that Axis Bank can head higher.
Sudarshan Sukhani of s2analytics.com recommends buying Hero MotoCorp and Infosys and advises selling Bharat Forge.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tech Mahindra, Tata Motors DVR and Hero MotoCorp.
Chandan Taparia of Anand Rathi Securities is of the view that one can buy Asian Paints and Hero MotoCorp.
Ashwani Gujral of ashwanigujral.com feel that Tech Mahindra may test Rs 650 and Reliance Industries may move to Rs 1050-1060.