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
According to Ashwani Gujral of ashwanigujral.com, one can buy Himatsingka Seide, IIFL Holdings and Siemens.
The market seems to have bottomed out with most of the stocks correcting between 25-30 percent, said SP Tulsian of sptulsian.com, adding, the market has factored in bad news of Q3 and Q4.
Mitesh Thacker of miteshthacker.com is of the view that one can sell DLF, IndusInd Bank and Infosys and buy IIFL Holdings and Vijaya Bank.
Mitesh Thacker of miteshthacker.com recommends buying IIFL Holdings, Divis Lab and Vakrangee.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IIFL Holdings and ITC and sell Siemens.
According to Mitesh Thacker of miteshthacker.com, one can buy Exide Industries, NMDC, IIFL Holdings, MOIL and UPL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sundram Fasteners, Heritage Food and IIFL Holdings.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his view on textile, auto stocks. He also spoke on the NBFC and the jewellery space.
Krish Subramanyam of Altamount Capital recommends buying Bank of India and IIFL Holdings and advises selling KPIT Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying IIFL Holdings, Indiabulls Housing Finance and Federal Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jubilant Life Sciences and IIFL Holdings and sell Tata Elxsi.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Chennai Petroleum Corporation and IIFL Holdings and advises selling Dewan Housing Finance Corporation.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer ACC, JK Cement and JK Lakshmi Cement from the cement space and buy DHFL.
Mehraboon Irani of Nirmal Bang Securities is of the view that Can Fin Homes is the best bet from the housing finance space.
Ashwani Gujral of ashwanigujral.com recommends buying Ajanta Pharma, IIFL and Bajaj Finance.
Manas Jaiswal of manasjaiswal.com suggests buying GSFC with a target of Rs 77.
Prakash Diwan of Altamount Capital Management is of the view that one may pick Motilal Oswal Financial Services.
Till the time Infosys bridges the revenue gap with its peers, Rajiv Mehta, Banking Analyst, India Infoline prefers TCS and HCL Technologies over Infosys.
Prayesh Jain, IIFL says the house has a buy rating on Reliance Industries. Not only is the company seeing a benefit from the gas price hike but it has made huge investments in the core business of soft refining and petrochemicals, which will be profit accretive in the next couple of years.
Brokerages recommend buying ICICI Bank and M&M Financial. Meanwhile, they suggest selling Reliance Power and going short on Apollo Tyres.
Here are some trading ideas for today
Investors should focus on RComm's core telecom business and unless that improves it is not advisable to buy at current levels, says Bhavesh Gandhi, India Infoline.
Sudarshan Sukhani of s2analytics.com is of the view that one can go long in JSW Steel. “, Indian Infoline is going up, the charts are fairly upbeat and there is a buying opportunity,†he adds.
Shardul Kulkarni of Angel Broking is of the view that, from a trading perspective one can buy India Infoline on decline.