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 one may prefer Asian Paints for long term.
Rajesh Agarwal, Director-Research at Eastern Financiers recommends Kotak Mahindra Bank, IndusInd Bank and Emami with a view of six months.
According to Rahul Arora, CEO at Nirmal Bang Institutional Equities, IndusInd Bank would remain top private sector banking pick at this point in time and advises selling Syndicate Bank.
Parag Thakkar of HDFC Securities recommends buying Federal Bank and IndusInd Bank.
Parag Thakkar of HDFC Securities is of the view that one may pick IndusInd Bank.
Mayuresh Joshi, VP- Institution at Angel Broking is of the view that one may prefer YES Bank, IndusInd Bank and Bank of Baroda.
Parag Thakkar of HDFC Securities recommends buying IndusInd Bank or Federal Bank on dips.
Rahul Shah of Motilal Oswal is of the view that IndusInd Bank can test Rs 710 in next 2-3 days.
Kunal Bothra – Head Analyst Technical at LKP Securities recommends holding IndusInd Bank as the stock may test Rs 1000 in the next 2-3 years.
Kunal Bothra of LKP Securities is of the view that IndusInd Bank can test Rs 660-670.
Watch the interview of Kunal Bothra of LKP with Latha Venkatesh and Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on specific stocks like Indus Ind Bank and Tata Chemicals.
Kunal Saraogi of Equityrush is of the view that one can buy LIC Housing Finance for a target price of Rs 345 and UPL for a target price of Rs 355.
Akshata Deshmukh, Networth Stock Broking advises buying United Spirits for a target price of Rs 2,540 and Glenmark Pharma for a target price of Rs 765.
Sudarshan Sukhani of s2analytics.com recommends buying IndusInd Bank, Tata Power Company and Rural Electrification Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy IndusInd Bank.
Private sector lender‘s net profit grew by 30.3 percent to Rs 430.2 crore the quarter ended September 2014 led by strong other income and lower provisions. Profit in the year-ago period was Rs 330.23 crore.
Sudarshan Sukhani of s2analytics.com recommends buying IndusInd Bank as the stock may test new highs.
Dipan Mehta, Member at BSE & NSE is neutral on banking space.
Sudarshan Sukhani of s2analytics.com is of the view that one may see lower levels in YES Bank and IndusInd Bank.
Shahina Mukadam, Varun Capital advises buying TVS Motor Company for a target price of Rs 200 and Tata Global Beverage for a target price of Rs 158.
Parag Thakkar, Head of Sales at HDFC Securities is of the view that one may buy bank stocks on dips.
According to Kunal Saraogi, CEO of Equityrush, one may buy IndusInd Bank with a target of Rs 620.
Meghana V Malkan of malkansview.com advises buying Bharat Petroleum Corporation with a target of Rs 698-706 and Apollo Tyres with a target of Rs 176-181.
Sandeep Shah of Motilal Oswal Private Wealth Management is of the view that one may stay invested in HDFC Bank and IndusInd Bank.
According to VK Sharma of HDFC Securities, one can buy IndusInd Bank 570 Call.