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
Shahina Mukadam, Independent Market Expert advises buying HCC with a target of Rs 48.
Prakash Gaba, Technical Analyst at prakashgaba.com suggests going long in Canara Bank and advises shorting Hindustan Construction Company.
According to Mitesh Thacker of miteshthacker.com, one can sell HDFC and buy HCC, Power Grid and Sonata Software.
Kunal Saraogi of Equityrush is of the view that one may buy NBCC with a target of Rs 265.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Sun Pharmaceuticals Industries and Hindustan Construction.
Mitesh Thacker of miteshthacker.com advises buying Hindustan Construction Company and Gail India.
Kunal Saraogi of Equityrush recommends buying Karur Vysya Bank with a target of Rs 88 and advises selling Indiabulls Housing Finance with a target of Rs 630.
Mitesh Thacker of miteshthacker.com is of the view that one can accumulate Hindustan Construction Company with target of Rs 47.
Sandeep Wagle of powermywealth.com is of the view that one can buy SRF and Hindustan Construction Company and sell Indiabulls Housing Finance.
Ashish Kyal of Waves Strategy Advisors advises buying MMTC with a target of Rs 60.
Mitesh Thacker of miteshthacker.com recommends selling Ashok Leyland and Reliance Capital and advises buying HCC and Bharti Infratel.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Infosys above Rs 985 and sell DCB Bank.
Market expert SP Tulsian believes that it is imperative to see the financial position of oil-related companies. He said that Deep Industries which provide gas compression services and has no relation with the crude price hike looks a good bet.
Jay Thakkar of Sharekhan is of the view that one may buy HCC with a target of Rs 40.5.
According to Sandeep Wagle of powermywealth.com, one may stay invested in Hindustan Construction Company.
Ruchit Jain of Angel Broking advises buying United Spirits with a target of Rs 2525.
Vijay Chopra of Enoch Ventures is of the view that one may buy HCC with a target of Rs 37.50.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
According to Ashwani Gujral of ashwanigujral.com, one can buy Reliance Industries on declines and feels that ICICI Bank can move to Rs 295.
Sandeep Wagle of powermywealth.com recommends buying UPL and Hindustan Construction Company ans sell Mahindra & Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that Vedanta, Cairn India and Hindalco Industries will head lower by 10-15 percent.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Construction Company, Bajaj Finserv and Torrent Pharma and advises selling Indiabulls Housing and Cairn India.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com says he is cautious on markets for the next week due to onset of advance tax payment obligations which may lead to selling from domestic institutional investors.
Ashwani Gujral of ashwanigujral.com