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
Rajat Bose of rajatkbose.com is of the view that Hero Motocorp looks good and has targets of Rs 2679 and Rs 2709.
Gaurav Bissa of LKP Securities suggests buying Punjab National Bank (PNB) with a target of Rs 138.
JK Jain of Karvy Stock Broking recommends buying Hero Motocorp for a target of Rs 2700-2720.
Sudarshan Sukhani of s2analytics.com recommends selling Mcleod Russel and advises buying Hero Motocorp and Power Finance Corporation.
Sachin Shah, Fund Manager at Emkay Investment Managers is of the view that Hero Motocorp can deliver 15-20 percent return.
Hitesh Goel, Associate Director at Kotak Institutional Equities is of the view that one can buy Bajaj Auto.
Jigar Shah of Kim Eng Sec India is of the view that one may prefer Bajaj Auto.
Mihir Jhaveri of Religare Capital Markets recommends buying Hero Motocorp for a target of Rs 3000.
Mayuresh Joshi of Angel Broking has a neutral view on Hero Motocorp with a target of Rs 2672.
Sudarshan Sukhani of s2analytics.com recommends buying Hero Motocorp.
Mahantesh Sabarad, Deputy Vice President - Research at SBI Capital Securities likes Maruti Suzuki with a target of Rs 5100 and has a target of Rs 2800 for Hero Motocorp.
Amit Harchekar of A-Plus Analytics recommends shorting Hero Motocorp with a target of Rs 2,360 in next five-six trading sessions.
Sudarshan Sukhani of s2analytics.com recommends buying Aditya Birla Nuvo, Godrej Industries and Hero Motocorp.
Hemen Kapadia of KRChoksey Securities is of the view that one may buy HDFC with a target of Rs 1194.
Kunal Bothra of LKP Securities recommends selling Hero Motocorp and Colgate Palmolive.
VK Sharma of HDFC Securities is of the view that one may buy Bajaj Auto 2350 Call and Hero Motocorp 2400 Call.
Sudarshan Sukhani of s2analytics.com says gains have already been made in the overnight position
Sudarshan Sukhani of s2analytics.com recommends buying Hero Motocorp.
Rahul Arora of Nirmal Bang Institutional Equities likes Hero Motocorp and ITC and says that they are contra calls.
Harendra Kumar of Elara Capital is of the view that one may look at Hindustan Unilever, Hero Motocorp and Bharti Airtel.
Dipan Mehta, Member at BSE & NSE is of the view that one may prefer Ashok Leyland and Maruti Suzuki from the auto space, Hero Motocorp and Bajaj Auto from the two-wheeler space and Motherson Sumi Systems and Bharat Forge from the auto ancillary space.
Sameet Chavan of Angel Broking recommends buying Housing Development Finance Corporation, Titan Company and Hero Motocorp.
Harendra Kumar of Elara Capital is of the view that stocks like Hero Motocorp and Hindustan Unilever can rerate from the current level.
Ambareesh Baliga, Independent Market Expert is of the view that one may exit Bajaj Auto and enter Hero Motocorp.
CNBC-TV18‘s Ekta Batra lists out stocks that you should focus on PSU banks, ICICI Bank, Larsen and Toubro (L&T), Hero MotoCorp, Bajaj Auto, Maruti Suzuki and Coal India.