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
Manoj Murlidharan of Religare Securities recommends selling ICICI Bank June futures and advises buying Century Textiles.
According to Sharmila Joshi of sharmilajoshi.com, one may exit Dhanlaxmi Bank.
Sandeep Wagle of powermywealth.com recommends buying ICICI Bank, Tata Motors DVR, Tata Chemicals and India Cements.
Prakash Gaba of prakashgaba.com likes Castrol India and Idea Cellular and feels that Exide Industries may hit Rs 165 while UPL may test Rs 605.
Ashwani Gujral of ashwanigujral.com recommends buying Havells India and advises selling ICICI Bank and BPCL.
Ashwani Gujral of ashwanigujral.com is of the view that one may short ICICI Bank, State Bank of India and Reliance Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GAIL India, BPCL and ONGC and advises entering IT stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bata India and advises selling Tata Motors DVR and ICICI Bank.
Sudarshan Sukhani of s2analytics.com recommends shorting BPCL and Syndicate Bank and advises buying Tech Mahindra.
JP Morgan‘s top picks are HDFC Bank and IndusInd Bank. It sees value in Axis Bank and ICICI Bank, but expects volatility in these stocks in the next 2-3 quarters. The brokerage is bearish on state-owned banks
Varun Goel of Motilal Oswal AMC prefers private sector banks over public sector banks.
According to Ashwani Gujral of ashwanigujral.com, one may enter Manappuram Finance at around Rs 38-40.
Ashwani Gujral of ashwanigujral.com is of the view that one may short ICICI Bank, Axis Bank and YES Bank.
Rajat Bose of rajatkbose.com recommends buying ICICI Bank and advises selling Axis Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy DLF, ICICI Bank and Ceat.
Mayuresh Joshi of Angel Broking is of the view that one can hold IndusInd Bank and Kotak Mahindra Bank and feels that ICICI Bank and Axis Bank look attractive for long term.
Sudarshan Sukhani of s2analytics.com recommends buying Axis Bank, YES Bank and IndusInd Bank.
Prakash Gaba of prakashgaba.com recommends going long in Kotak Mahindra Bank and feels that Lloyd Electric and Engineering may test Rs 273.
According to Sudarshan Sukhani of s2analytics.com, one can buy Hero MotoCorp and IndusInd Bank on dips.
Ashwani Gujral of ashwanigujral.com recommends buying YES Bank and feels that HDFC may test Rs 1320 in the long term.
Neeraj Deewan of Quantum Securities recommends buying ICICI Bank.
Kunj Bansal of Centrum Wealth Management is of the view that Tata Motors is a buy and prefers NBFC stocks over banking stocks.
Shares of the private sector lender have plummeted post fourth quarter earnings but in a note to investors, Nomura says, “Stay put, valuations discounting the pain:â€
Rajat Bose of rajatkbose.com recommends buying ITC and advises selling ICICI Bank.
Kunal Saraogi of Equityrush recommends buying Aurobindo Pharma with a target of Rs 820 and advises selling ICICI Bank with a target of Rs 215.