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
Sudip Bandopadhyay, Market Expert recommends buying Bajaj Auto, Hero Motocorp, State Bank of India, Maruti Suzuki, Infosys and HCL Tech.
Manish Hathiramani of Deen Dayal Investments recommends buying Mahindra & Mahindra, Tata Steel and Hero Motocorp.
Rakesh Bansal of RK Global is of the view that one may buy Bajaj Auto with a target of Rs 2480.
Manas Jaiswal of manasjaiswal.com recommends buying Kotak Mahindra Bank with a target of Rs 654 and Hero Motocorp with a target of Rs 2700.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy ICICI Bank and sell Cipla.
According to Prakash Diwan of prakashdiwan.in, one can buy UltraTech Cement.
Prakash Diwan of prakashdiwan.in is of the view that one can buy Asian Paints and Hero Motocorp.
Prakash Diwan of prakashdiwan.in recommends buying Hero Motocorp and feels that Tata Motors may head lower.
Sudarshan Sukhani of s2analytics.com recommends buying SKS Microfinance and advises selling Tata Motors and Ashok Leyland.
Rakesh Bansal, Vice President at RK Global recommends buying Infosys, Lupin and Hero Motocorp.
Bhavin Desai of Motilal Oswal Securities is of the view that energy and auto space may outperform.
Bhavin Desai of Motilal Oswal Securities feels that Hero Motocorp may touch Rs 2600.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hero MotoCorp and Marico and advises selling metal stocks including Tata Steel.
Rajat Bose of rajatkbose.com recommends buying Hero Motocorp and Sun Pharma on dips and feels that one can avoid Larsen & Toubro.
Kunal Bothra of LKP Securities recommends buying Tata Motors and Hero Motocorp.
Sameet Chavan of Angel Broking recommends buying Hero Motocorp for a target of Rs 2580-2600.
Prakash Gaba of prakashgaba.com recommends selling Cairn India and Asian Paints and feels that Hero Motocorp may head higher and test Rs 2,520.
Rajat Bose of rajatkbose.com is of the view that one can buy Balrampur Chini and Hero Motocorp.
Prakash Gaba of prakashgaba.com recommends shorting Jubilant Foodworks and likes IndusInd Bank with a target of Rs 965.
Shubham Agarwal of Motilal Oswal Securities recommends shorting Hero Motocorp for a target of Rs 2500.
Prakash Gaba of prakashgaba.com recommends shorting Hero Motocorp and feels that PNB can test Rs 100.
Prakash Gaba of prakashgaba.com recommends selling Godrej Industries and Hero Motocorp.
Here are top 10 stocks to watch for today - BPCL, HPCL, IOC, Rel Infra, REC, Maruti, Hero Motocorp, Ashok Leyland, M&M, Tata Motors, SPARC, Cadila, IDBI Bank, IL&FS Transportation, Siti Cable, GM Breweries, Minda Industries, Spicejet, Arvind Infra and Kesoram Industries.
According to Amit Gupta of ICICIdirect, one can go long in Hero Motocorp.
Sudarshan Sukhani of s2analytics.com feels that Hero Motocorp may go above Rs 3000.