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
Sudarshan Sukhani of s2analytics.com is of the view that Magma Fincorp is giving signs of a major uptrend and is an investing idea.
Macquarie Research has initiated coverage with an outperform rating on HPCL, BPCL and IOC and with a bull case target upside of 45-65 percent in one year.
Coal India, NTPC, and oil marketing companies, among others, are on investors’ radar today.
Rahul Shah of Motilal Oswal recommends buying Indian Oil Corporation, Dewan Housing Finance and Hindalco Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Steel, Escorts and REC while he feels that HDFC may test Rs 1700 and IOC may hit Rs 475.
Head of Business - Private Client Group at HDFC Securities recommends buying Indian Oil Corporation 430 Call.
According to Ashwani Gujral of ashwanigujral.com, one can sell Vedanta, NMDC and Tata Consultancy Services and buy PVR and Indian Oil Corporation.
United Spirits, Power firms, oil and gas, among others are on analysts' radar today.
According to Gaurang Shah of Geojit Financial Services, one may prefer ICICI Bank, HPCL and IOC.
Ashwani Gujral of ashwanigujral.com recommends buying Capital First, Adani Ports and Uflex.
Mitessh Thakkar of miteshthacker.com recommends buying Indian Oil Corporation for target of Rs 425.
Sudarshan Sukhani of s2analytics.com suggests buying Bharti Airtel on every dip and has IOC as the preferred pick.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Auto and TVS Motor on dips while IOC may test Rs 440.
Mitessh Thakkar of miteshthacker.com suggests buying Indian Oil Corporation and JK Tyre & Industries and sell Lupin, L&T Finance Holdings and Sun TV Network.
Sandeep Wagle of powermywealth.com recommends buying Indian Oil Corporation, Bank of India and TVS Motor Company.
According to Ashwani Gujral of ashwanigujral.com, one can buy Havells India, Indian Oil Corporation and Inox Wind.
Sandeep Wagle of powermywealth.com suggests buying Indian Oil Corporation and Siemens and is bullish on L&T with a target of Rs 1950.
ITC, UPL, Dr. Reddy's, among others are being watched by analysts, while steel and oil and gas too remain on their radar.
Some of our top ideas include names like Tata Motors, ICICI Bank, SBI, ITC, Britannia, Hindalco, Colgate Palmolive India, Crompton Consumer, IOC Ltd, RBL Bank, Manpasand Beverages, Ultratech Cements and JK Cement, he said.
In an interview to CNBC-TV18's Anuj Singhal and Reema Tendulkar, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks.
Sandeep Wagle of powermywealth.com is of the view that one can buy Jindal Steel & Power and Indian Oil Corporation and sell Just Dial.
Top four stocks to buy from IIFL Wealth & Asset Management based on various technical parameters.
Ashwani Gujral of ashwanigujral.com recommends buying Jet Airways, Tata Elxsi, Indiabulls Housing, HPCL, BPCL and Indian Oil Corporation.
Prakash Gaba of prakashgaba.com is of the view that Indian Oil Corporation can climb to Rs 393 while TVS Motor and Ashok Leyland look weak whereas GAIL India looks good.
In an interview to CNBC-TV18’s Latha Venkatesh, and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his readings and outlook on market and specific stocks.