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
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Dabur India, CESC and Bajaj Auto.
Rahul Shah of Motilal Oswal recommends buying Reliance Industries, Jain Irrigation and UPL.
Ashwani Gujral of ashwanigujral.com is of the view that one can short Ceat, NCC, Hindalco Industries and IndusInd Bank.
Sudarshan Sukhani of s2analytics.com recommends buying United Breweries and advises selling ICICI Bank.
According to Sandeep Wagle of powermywealth.com, one can sell Colgate Palmolive, Idea Cellular and ICICI Bank.
Ashwani Gujral of ashwanigujral.com recommends selling Union Bank of India and ICICI Bank and buy Cipla.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy JSW Steel and Page Industries.
Sudarshan Sukhani of s2analytics.com recommends buying Mindtree, Bata India and ICICI Bank.
Sandeep Wagle of powermywealth.com recommends selling Torrent Pharma and ICICI Bank and advises buying HPCL.
Bankex gained around 0.4 percent with SBI gaining 2 percent while ICICI Bank was up 1 percent from previous close on expectations that to rate cut may lead to lower rates for housing EMIs, car loans and corporate borrowing.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer ICICI Bank and Axis Bank.
Gaurang Shah of Geojit BNP Paribas is of the view that one may sell Coffee Day Enterprises.
Vibhav Kapoor of IL&FS advises buying strong private sector banks and auto companies.
CA Rudramurthy BV of Vachana Investments advises selling ICICI Bank and Hindalco Industries.
According to Ashwani Gujral of ashwanigujral.com, one may buy United Spirits and advises selling ITC.
Mayuresh Joshi of Angel Broking is of the view that one may prefer larger private sector banks.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his readings and outlook on specific stocks and sectors.
Mayuresh Joshi of Angel Broking is positive on ICICI Bank.
In an interview to CNBC-TV18's Latha Venkatesh and Anuj Singhal, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
According to Ashwani Gujral of ashwanigujral.com, one may buy Aurobindo Pharma and advises selling ICICI Bank and Engineers India.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Tata Motors, Mahindra and Mahindra, Prism Cement and Idea Cellular.
Ashwani Gujral of ashwanigujral.com feels that ICICI Bank may slip to Rs 230-235.
Prakash Gaba of prakashgaba.com is of the view that one may short ICICI Bank on rallies.
Ashwani Gujral of ashwanigujral.com advises buying Oil and Natural Gas Corporation.
The brokerage firm says PSU banks should remain structurally challenged given high NPL formation, weak coverage, very low pre-provision operating profit (PPoP) buffers and low capital while private banks should keep gaining share in profitable areas.