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
Meharaboon Irani, Nirmal Bang Securities thinks one should remain invested in the IT space. He also suggesting picking up stocks like Hindustan Zinc, Emami but is wary of banking space for the next two quarters
According to Mehraboon Irani of Nirmal Bang Securities, one may pick Hindustan Zinc.
Top 10 stocks that CNBC-TV18 team has picked to be on your radar - Hindustan Zinc and Sesa Sterlite, Asian Paints, Emami, Tata Power, Federal Bank, Aurobindo Pharma, Tata Steel, Siticable and Reliance Communications.
Kunal Bothra of LKP is of the view that one may stay invested in Hindustan Zinc.
Top 10 stocks on CNBC-TV18's radar are Reliance Industries, oil marketing cos, United Spirits, Hindustan Zinc, Aurobindo Pharma, Biocon, Sasken, Wipro, Coal India, Reliance Mediaworks.
SP Tulsian of sptulsian.com advises to remain invested in Hindustan Zinc.
SP Tulsian of sptulsian.com is of the view that Hindustan Zinc may touch Rs 136-138 in the near term. He does not think that the stake sale by government should really happen below Rs 160 per share.
Rajesh Agarwal of Eastern Financiers is of the view that one may buy Sesa Sterlite with medium to long term view.
SP Tulsian of sptulsian.com is positive on Hindustan Zinc and Hindalco. He is also am positive on Sesa Sterlite and NALCO.
SP Tulsian of sptulsian.com recommends going long in Voltas with a target of Rs 125 and advises selling Bank of India with a target of Rs 215.
Sudarshan Sukhani of s2analytics.com is of the view that Hindustan Zinc may head lower.
According to Sudarshan Sukhani of s2analytics.com, one may buy Mahindra and Mahindra and Tata Communications. He advises selling Hindustan Zinc.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may buy Voltas or Crompton Greaves.
Mehraboon Irani of Nirmal Bang Securities prefers Zee Entertainment Enterprises, Hindustan Zinc and Voltas.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Oil and Natural Gas Corporation (ONGC), HDFC and Hindustan Zinc.
Bhavesh Chauhan, research analyst at Angel Broking prefers Hindustan Zinc and NMDC but has a bearish view on JSW Steel.
Vishal Malkan of malkansview.com advises selling Aditya Birla Nuvo November future for a target price of Rs 1140 and JSW Steel November future for a target price of Rs 820.
Prakash Diwan of Altamount Capital recommends buying Suzlon Energy with a target of Rs 7.65 and advises selling Jubilant Foodworks with a target of Rs 1085.
Way 2 Wealth suggests buying HUL with a target price of Rs 625 and a stop loss at Rs 596
Prakash Diwan of Altamount Capital advises buying Suzlon Energy with a target price of Rs 7.65 and Hindustan Zinc with a target price of Rs 137.25.
According to Deven Choksey, MD of KR Choksey Shares and Securities, one may buy Sesa Sterlite.
Shardul Kulkarni of Angel Broking is of the view that one may buy Hindustan Zinc around Rs 115 as the stock may move up in 3-6 months.
According to Prakash Diwan of Altamount Capital Management, one may go long on Hindustan Zinc with a target of Rs 129.90 and Alembic Pharmaceuticals with a target of Rs 145.50.
Prakash Diwan of Altamount Capital Management recommended buying Hindustan Zinc with a target price of Rs 129.90 and Alembic Pharma with a target price of Rs 145.50.
According to Pankaj Jain of Sunteck Welathmax, one may go long on YES Bank and Jaiprakash Power.