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 advises buuying BEML, Balrampur Chini and Indian Oil Corporation.
Mitessh Thakkar of miteshthacker.com suggests buying Ujjivan Financial Services and Indian Oil Corporation.
Chandan Taparia of Motilal Oswal Securities suggests buying Mahindra & Mahindra Financial Services and Indian Oil Corporation and feels that Canara Bank may head lower to Rs 330.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indian Oil Corporation, Balrampur Chini and Dewan Housing Finance and sell Tata Motors and DLF.
Yogesh Mehta of Motilal Oswal recommends buying Tech Mahindra, Indian Oil Corporation and Indiabulls Housing Finance.
Motilal Oswal has maintained a neutral stance on BPCL while Morgan Stanley has retained an overweight rating on the stock expecting an earnings turnaround on counter cyclical capacity growth and product quality upgrade.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell IndusInd Bank and Adani Power and buy Indian Oil Corporation.
There are a lot of investors who are still waiting on the sidelines to get into Indian market, which offers both growth comfort to investors.
Expectation of some bit of consolidation cannot be ruled out in the coming week and investors will be better off taking bets on individual stocks.
Mitessh Thakkar of miteshthacker.com recommends buying Indian Oil Corporation and HCL Technologies.
Yogesh Mehta of Motilal Oswal Securities suggests buying IOC, Titan Company and Tech Mahindra and advises shorting BHEL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy PNB Housing Finance, PVR and PC Jeweller and sell Ceat.
According to Rajat Bose of rajatkbose.com, one may hold Indian Oil Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy United Breweries, Asian Paints and Hindustan Unilever and can sell Ajanta Pharma and Indian Oil Corporation.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Biocon with a target of Rs 418.
Kunal Saraogi of Equityrush suggests buying Shriram Transport with a target of Rs 1030.
The research house feels IOC's FY18 earnings are likely to be aided by volume and margin led growth from Paradip refinery, and likely recovery in market volume growth after witnessing a sharp slowdown in Q1FY17.
The long term trajectory of the market will remain towards an upward trend.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy CESC and DCB Bank and can sell Bhushan Steel, Indian Oil Corporation and Pidilite Industries.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank and ICICI Bank and can sell Indian Oil Corporation.
Ashwani Gujral of ashwanigujral.com suggests buying DHFL, Bajaj Finserv and L&T Finance Holdings.
Brokerages highlight how the deal would be beneficial for HPCL, but would pressurise ONGC due to increased debt prospects. Stake sale in IOC and possible next acquisition of another energy major could strain IOC.
Vishvesh Chauhan of Monarch Networth Capital advises buying Bank of India with a target of Rs 151.
In an interview to CNBC-TV18's Anuj Singhal and Varinder Bansal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.