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
One can pick Axis Bank, says PN Vijay, Portfolio Manager.
In Anil Dhirubhai Ambani Group (ADAG) pack Reliance Communications, Reliance Infrastructure and Reliance Capital are expected to fall, says Shardul Kulkarni of Angel Broking.
Mehraboon Irani of Nirmal Bang Securities advised buying HDFC, HDFC Bank, IndusInd Bank, Sun Pharma and Lupin.
SP Tulsian of sptulsian.com, says that the sops provided to housing finance companies is a positive move from the Budget, companies like HDFC, LIC Housing Finance and Dewan Housing are likely to benefit from this move.
Sudarshan Sukhani, s2analytics.com advises traders to go long on RIL, Bharti Airtel, HDFC and SBI.
SP Tulsian, sptulsian.com is upbeat on HDFC.
Parag Doctor of Keynote Capital advised to hold HDFC for long term. According to him, it is a core financial stock to have in ones portfolio.
Karur Vysya Bank is a top pick and can move to Rs 800, says Regan Homavazir, Darashaw.
HDFC could easily be used as a surrogate for buying the Nifty. It is going to outperform hopefully, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani, s2analytics.com advises traders to buy HDFC and HDFC Bank on dip.
Housing Development Finance Corporation (HDFC) has made a bullish pattern, a confirmed head and shoulder bullish breakout and it is probably now going to lead on the upside, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani, s2analytics.com is of the view that one can buy Reliance Industries and HDFC.
Housing Development Finance Corporation (HDFC) has a support at around Rs 770-780, says Nooresh Merani of Amsec Research.
Jagdish Malkani, Member NSE & BSE is upbeat on HDFC.
Moneycontrol gets Sunil Jain, Head Equity Research (Retail) at Nirmal Bang to answers stock queries that investors asked on our Facebook page.
Expect Development Credit Bank (DCB) to remain in Rs 48-52 range, says SP Tulsian, sptulsian.com.
The market is gearing up for key earnings results next week including from Tata Consultancy Services Ltd (TCS) , Reliance Industries Ltd and ITC Ltd. Inflation data is also expected on Monday.
Sudarshan Sukhani, s2analytics.com is of the view that short sell HUL, ITC.
Housing Development Finance Corporation (HDFC) is expected a significant upside of 4-6 percent in the next three to four trading sessions, says Shardul Kulkarni of Angel Broking.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com said that overall he is positive on next week‘s market with a target of about 6100-6150 on the Nifty. He belives that the markets are looking quite sprightly because Reliance, ONGC, HDFC and IT stocks all have been pulled up.
Devangshu Dutta, Consulting Editor, Business Standard is of the view that one can short Power Finance Corporation while can buy Ashok Leyland, Reliance Communications.
Moneycontrol.com got Unicon Financial Intermediaries‘s Madhumita Ghosh to answer the stock queries readers sent us on our Facebook page as part of our KYI (Know Your Investment) initiative.
SP Tulsian of sptulsian.com recommends investors to book their profits in Tata Coffee after the shares surged today. The stock hit Rs 1,557.70 on NSE. The stock has been on a run, up 33 percent, since it announced second quarter results on Oct 22.
Ambareesh Baliga, Market Expert advice traders to buy Axis Bank, HDFC and DCB at lower levels.
In CNBC-TV18's popular show Bull's Eye, Parag Doctor, Keynote Capital shares trading strategy of the day.