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
Krish Subramanyam of Altamount Capital is of the view that one can buy ICICI Bank 230 Put.
Prakash Gaba, Technical Analyst at prakashgaba.com is of the view that Bank of India may test Rs 97 while Canara Bank may hit Rs 210.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Petroleum Corporation with a target of Rs 945 and prefers HDFC Bank and Kotak Mahindra Bank.
Sudarshan Sukhani of s2analytics.com recommends selling ICICI Bank and advises buying cements stocks on dips.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever, Larsen & Toubro and UltraTech Cement.
Ashwani Gujral of ashwanigujral.com recommends buying Adani Ports and advises selling Hero MotoCorp and HDFC.
Rajat Bose of rajatkbose.com recommends going in ICICI Bank and feels that midcaps can rally even today.
Ashwani Gujral of ashwanigujral.com recommends buying Kesoram Industries and NIIT Technologies.
Vijay Chopra of enochventures.com is of the view that one may remain invested in ICICI Bank.
Sandeep Wagle of powermywealth.com suggests buying ICICI Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy McLeod Russel and UPL and sell HDIL.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Bharat Forge and HDIL.
Sandeep Wagle of powermywealth.com recommends selling ICICI Bank and Cairn India and advises buying Indian Oil Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Infra, Colgate Palmolive, ICICI Bank and Tata Steel.
Ashwani Gujral of ashwanigujral.com feels that ICICI Bank may slip to Rs 235-240.
Gaurang Shah of Geojit BNP Paribas is of the view that one may exit Bank of India and prefer ICICI Bank.
Sandeep Wagle of powermywealth.com recommends buying UltraTech Cement, Jindal Drilling and ICICI Bank.
Rajat Bose of rajatkbose.com recommends buying ICICI Bank, State Bank of India and IPCA Laboratories.
Sandeep Wagle of powermywealth.com is of the view that one may buy Tata Communications and ICICI Bank.
Ashwani Gujral of ashwanigujral.com advises buying SBI, ICICI Bank and Whirlpool of India.
It says that while both, ICICI and Axis, won't require capital in the near term, the former is in a better position.
Prakash Gaba of prakashgaba.com is of the view that one may go long in YES Bank and suggests selling Tata Consultancy Services.
According to Ashwani Gujral of ashwanigujral.com, one may buy State Bank of India, Tata Motors, ICICI Bank and Karnataka Bank.
According to Gaurang Shah of Geojit BNP Paribas, one may buy ICICI Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance on correction.