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
Amit Harchekar of A Plus Analytics is of the view that one may short Hero Motocorp at around Rs 3000.
Manoj Murlidharan of Religare Securities recommends going long in Hero Motocorp using the 2900 Call option.
Amit Harchekar of A Plus Analytics is of the view that one may short Hero Motocorp with a target of Rs 2750.
Chandan Taparia of Anand Rathi has a positive view on Tata Motors, Hero Motocorp and Bharat Forge. "One may buy Ashok Leyland," he adds.
Mithil Pradhan of Violet Arc Global Managers advises going long in Hero Motocorp.
Sharmila Joshi of sharmilajoshi.com prefers Bajaj Auto over Hero Motocorp.
Here are top 10 stocks to focus on January 08 - ICICI Bank, LIC Housing Finance, Coal India, Sesa Sterlite, Sobha Developers, Muthoot Finance, Manappuram General Finance, ING Vysya Bank, Bajaj Auto and Hero Motocorp.
Dilip Bhat of Prabhudas Lilladher is of the view that one may prefer Tata Motors and Maruti Suzuki from the auto pack.
According to Sudarshan Sukhani of s2analytics.com, one may buy Maruti Suzuki, Hero Motocorp and Bajaj Auto.
Phani Sekhar, Fund Manager-PMS at Angel Broking is of the view that one may prefer Ashok Leyland and Hero Motocorp from the auto pack.
Phani Sekhar of Angel Broking is of the view that one may bet on Hero Motocorp.
Vishal Malkan of malkansview.com advises buying Hero Motocorp and NMDC.
Sudarshan Sukhani of s2analytics.com recommends buying Hero Motocorp.
Sudarshan Sukhani of s2analytics.com recommends buying Hero Motocorp and Shriram Transport and advises selling NMDC.
Dhananjay Sinha, Head-Institutional Research at Emkay Global Financial Services prefers TVS Motor, L&T, SKS Micro and JK Lakshmi Cement.
Siddarth Bhamre of Angel Broking is of the view that one can short Tata Steel and do a pair trade by shorting Bajaj Auto, TVS Motor and going long in Hero Motocorp.
Yogesh Mehta of Motilal Oswal Securities is of the view that one can buy Hero Motocorp as the stock may test Rs 3250-3400.
Sudarshan Sukhani of s2analytics.com recommends buying Hero Motocorp, Divis Laboratories and Ambuja Cements.
Here are top 10 stocks to focus on November 12 - Jindal Saw, TVS Motor, Prestige Estates, Shalimar Paints, Ipca Labs, Minda Industries, BILT, Bayer Crop, Hero Moto and Bajaj Auto.
Mayuresh Joshi of Angel Broking recommends accumulating HDFC Bank and Hero Motocorp.
According to Manas Jaiswal of manasjaiswal.com, one may buy Hero Motocorp on dips.
Hero Motocorp and Maruti Suzuki remain great stories from the auto space, says Jagdish Malkani, Member BSE and NSE.
Hero Motocorp is a great play on the consumer story, no doubt about it but at these prices I would still be cautious and as I said first of all there is the entire scooter phenomena, says Jagdish Malkani.
Deven Choksey, MD of KR Choksey Shares and Securities recommends buying Hero Motocorp and Bajaj Auto.
Sudarshan Sukhani of s2analytics.com recommends buying Hero Motocorp.