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
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma and advises selling Just Dial and IOC.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Tata Power with a target of Rs 69.5.
Ashwani Gujral of ashwanigujral.com recommends selling Strides Shasun and Indian Oil Corporation and advises buying Bharat Electronics Limited.
Gaurav Bissa of LKP Securities advises selling Shriram Transport Finance Corporation with a target of Rs 885.
CNBC-TV18‘s Ekta Batra lists out stocks to focus on - Lupin, HDFC, ITC, BPCL, IOC, HPCL, Cairn India, and Crompton Greaves.
Ajay Bodke of Prabhudas Lilladher prefers Indian Oil Corporation and Petronet LNG from the oil & gas space.
Ashwani Gujral of ashwanigujral.com recommends buying Adani Ports, Indian Oil Corporation and UltraTech Cement.
SP Tulsian of sptulsian.com has a positive view on automobile stocks and feels that Vakrangee may hit Rs 245.
Ashwani Gujral of ashwanigujral.com recommends selling Ajanta Pharma, Indian Oil Corporation and PNB.
Vishal Malkan of malkansview.com recommends buying SKS Microfinance with a target of Rs 525 and IndusInd Bank with a target of Rs 850.
Manish Sharma of derivativetradingresearch.com is of the view that one may buy Voltas with a target of Rs 288.
Vishal Malkan of malkansview.com advises exiting Indian Oil Corporation.
Amit Harchekar of APLUS Analytics recommends buying CESC and Bata India and advises shorting IOC and Jubilant Foodworks.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Dabur India with a target of Rs 255.
Rakesh Bansal of RK Global recommends buying Jet Airways and Indian Oil Corporation and advises selling IDFC.
VK Sharma of HDFC Securities recommends buying Reliance Industries 1020 Call and Tata Motors 350 Call.
Kunal Bothra of LKP Securities recommends buying Praj Industries and Indian Oil Corporation.
Here are top 10 stocks to watch for today - BPCL, HPCL, IOC, Rel Infra, REC, Maruti, Hero Motocorp, Ashok Leyland, M&M, Tata Motors, SPARC, Cadila, IDBI Bank, IL&FS Transportation, Siti Cable, GM Breweries, Minda Industries, Spicejet, Arvind Infra and Kesoram Industries.
Rahul Shah of Motilal Oswal suggests buying Indian Oil Corporation.
Prakash Gaba of prakashgaba.com likes Kotak Mahindra Bank with a target of Rs 695 and Colgate Palmolive with a target of Rs 1010-1020 and advises going long in India Cements.
Kunal Saraogi of Equityrush advises selling Union Bank of India with a target of Rs 138.
Simi Bhaumik of simibhaumik.com prefers Tata Motors DVR over Tata Motors and is bullish on Tata Steel with a target of Rs 247-251.
Aditya Agarwal of Way2Wealth Securities recommends going long in Asian Paints and feels that IOC may test Rs 450.
Chandan Taparia of Anand Rathi Securities recommends going long in Indian Oil Corporation.
Chandan Taparia of Anand Rathi Securities buying Indian Oil Corporation, Apollo Tyres and LIC Housing Finance.