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
Hemen Kapadia of KRChoksey Securities is of the view that one may buy HDFC with a target of Rs 1194.
Gaurav Bissa of LKP Securities recommends buying Sun TV with a target of Rs 375 and BPCL with a target of Rs 900.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer HDFC Bank and Dalmia Bharat.
Sameet Chavan of Angel Broking recommends accumulating Housing Development Finance Corporation at lower levels.
Basant Maheshwari, Founder of The Equity Desk is bullish on housing finance and NBFCs.
Sacchitanand Uttekar of Motilal Oswal Financial Services is of the view that Housing Development Finance Corporation may move up to Rs 1200-1240.
Siddarth Bhamre of Angel Broking is of the view that HDFC can bounce and recommends trading ICICI Bank, State Bank of India and Tata Motors with positive bias.
Shubham Agarwal of Motilal Oswal Securities recommends building positions on the long side in HDFC for a target of Rs 1300.
Rajesh Kothari - Managing Director at AlfAccurate Advisors recommends adding quality private sector banks and non-banking financial companies like HDFC to the portfolio.
Mehraboon Irani of Nirmal Bang Securities is of the view that one can buy HDFC Bank, HDFC and Kotak Mahindra Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Infosys, Sun Pharmaceutical Industries, State Bank of India, ICICI Bank, HDFC and Aurobindo Pharma.
Sudarshan Sukhani of s2analytics.com is of the view that Housing Development Finance Corporation is a buying opportunity.
Sameet Chavan, Technical Analyst at Angel Broking recommends selling Housing Development Finance Corporation and UPL.
Devang Mehta of Anand Rathi Financial Services is of the view that Housing Development Finance Corporation is the favourite and Dewan Housing Finance Corporation along with HDFC qualifies as good bets.
Rahul Shah of Motilal Oswal is of the view that Housing Development Finance Corporation may test Rs 1250 in the near term.
Sudarshan Sukhani of s2analytics.com is of the view that Maruti Suzuki HDFC, Dr Reddy's Laboratories are opportunities to accumulate.
Kunal Bothra of LKP Securities advises buying Kaveri Seed Company with a target of Rs 520.
Kunal Bothra of LKP Securities is of the view that HDFC may head lower and test Rs 1070-1080.
Shubham Agarwal of Motilal Oswal Securities recommends buying Housing Development Finance Corporation for a target of Rs 1350.
Sudarshan Sukhani of s2analytics.com is of the view that one can consider investing in Infosys, State Bank of India, ICICI Bank, Sun Pharmaceutical Industries, Maruti Suzuki, Larsen and Toubro, Housing Development Finance Corporation and Aurobindo Pharma.
Amit Harchekar of A Plus Analytics recommends going long in Housing Development Finance Corporation at these levels with a target of Rs 1330-1340.
Sameet Chavan of Angel Broking recommends buying Housing Development Finance Corporation, Titan Company and Hero Motocorp.
Sudarshan Sukhani of s2analytics.com recommends buying Housing Development Finance Corporation.
Rahul Mohindar of viratechindia.com recommends buying Kotak Mahindra Bank, HDFC and Hindalco Industries.
Mithil Pradhan of Violet Arc Global Managers recommends buying HDFC and Siemens.