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
All investment companies have surged in the last few days but one holding company which hasn't moved is Bajaj Holdings & Investment.
According to Rahul Shah of Motilal Oswal, one can buy Jain Irrigation Systems, ICICI Bank and JSW Steel.
Chandan Taparia of Anand Rathi Securities is of the view that one may buy Arvind, Bata India and Bharti Airtel and sell Asian Paints.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Delta Corp, Tata Steel and Berger Paints.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy TVS Motor and sell Ambuja Cements and ICICI Bank.
According to Sanjay Dutt of Quantum Securities, PSU banks will outperform and can give 50-60 percent returns from the current level in the next one year.
Prakash Gaba of prakashgaba.com is of the view that Apollo Hospitals may test Rs 1450 while ICICI Bank may hit Rs 254.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market.
Prakash Gaba of prakashgaba.com is of the view that one may trade long in Power Grid and Bank of India.
VK Sharma of HDFC Securities suggests buying Canara Bank 260 Call and ICICI Bank 240 Call.
R Sreesankar of Prabhudas Lilladher is of the view that one may look at ICICI Bank.
According to Sudarshan Sukhani of s2analytics.com, one can sell ICICI Bank and sees sustained downtrend in PSU banks.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 explains why is upbeat on UP sugar stocks, especially the ones with good inventories like Dalmia Bharat, Balrampur Chini, Dwarikesh etc.
According to Mitesh Thacker of miteshthacker.com, one may see extended decline in Larsen & Toubro and expects upside in Hindustan Unilever and Page Industries.
According to Sudarshan Sukhani of s2analytics.com, one can avoid Larsen & Toubro and would be ICICI Bank once the stock stabilises.
In an interview to CNBC-TV18, Ajay Bodke, CEO & Chief Portfolio Manager (PMS) at Prabhudas Lilladher Pvt. Ltd shared his readings and outlook on market, specific stocks and sectors.
Deutsche Bank maintains hold on L&T with a target price of Rs 1325 per share.
Gaurav Bissa of LKP Securities is of the view that one can buy ITC, NMDC and IDFC.
Rahul Mohindar of viratechindia.com recommends buying Vedanta and Reliance Industries.
According to Rahul Mohindar of viratechindia.com, one can accumulate HDFC on decline and has a bullish stance on ICICI Bank.
In an interview to CNBC-TV18's Ekta Batra and Prashant Nair, Sachin Shah of Emkay Investment Managers shares his readings and outlook on the fundamental side of the market, specific stocks and sectors.
Sudarshan Sukhani of s2analytics.com recommends buying Bharti Airtel, Maruti Suzuki and HCL Tech.
Ashish Kyal of wavesstrategy.com advises buying Ajanta Pharma with a target of Rs 1785.
Rahul Mohindar of viratechindia.com is of the view that one can buy ICICI Bank while he has a positive view on Canara Bank.
Jai Bala of Cashthechaos.com is of the view that one may look at Bharat Forge, State Bank of India, Maruti Suzuki and ICICI Bank.