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
AK Prabhakar, Independent Advisor advises buying Ramco Cements for a target price of Rs 354 and Infosys for a target price of Rs 4,200.
Kunal Bothra, Head of Advisory at LKP is of the view that IRB Infrastructure Developers may hit Rs 275-280.
Chandan Taparia of Anand Rathi recommends buying IRB Infrastructure Developers as the stock may test Rs 270.
Watch the interview of Mayuresh Joshi, VP- Institution at Angel Broking Ltd and Kunal Saraogi, CEO of Equityrush with Sumaira Abidi & Latha Venkatesh on CNBC-TV18, in which they both shared their reading and outlook on market and specific stocks.
Sharmila Joshi, Market Expert recommends buying Jain Irrigation Systems for a target of Rs 96 and VIP Industries for a target of Rs 104.
According to SP Tulsian of sptulsian.com, one may sell Union Bank of India with a target of Rs 108.50.
Pankaj Jain, Sunteck Wealthmax advises going long in in Indiabulls Housing Finance for a target price of Rs 225 and BPCL for a target price of Rs 469.
Sudarshan Sukhani of s2analytics.com is of the view that one may go long in IRB Infrastructure Developers.
According to CNBC-TV18's research team following are the stocks that should be on ones radar - HDFC, ITC, Infosys, Mphasis, Tata Motors, Bank Nifty, Maruti Suzuki, IRB, Den Networks and JK Tyre
Pankaj Jain of Sunteck Wealthmax advises buying M&M Financial Services for a target price of Rs 293 and IRB Infrastructure for a target price of Rs 112.
Pankaj Jain of Sunteck Wealthmax recommends going long in Ashok Leyland, IRB Infrastructure Developers and L&T Finance Holdings.
Independent Technical Analyst, Rakesh Gandhi advises buying Bata India for a target price of Rs 1,124 and Godrej Industries for a target price of Rs 308.
Pankaj Jain of Sunteck Wealthmax recommends going long in NCC and IRB Infrastructure Developers.
Pankaj Jain of Sunteck Wealthmax advises buying HDIL for a target price of Rs 51.95 and HOEC for a target price of Rs 47.95.
According to Mayuresh Joshi of Angel Broking, one may remain invested in IRB Infrastructure.
Aditya Agarwal of Way2wealth advises buying Tata Consultancy Services with a target of Rs 2260-2275 and IRB Infrastructure Developers with a target of Rs 82.
Sharmila Joshi, Independent Analyst recommends selling Voltas with a target of Rs 115 and advises buying Sintex Industries with a target of Rs 33.50.
Independent Analyst Sharmila Joshi advises buying Tata Elxsi for a target price of Rs 420 and Sintex for a target price of Rs 33.5.
SP Tulsian of sptulsian.com recommends going long in IRB Infrastructure Developers with a target of Rs 75 and advises shorting Punjab National Bank with a target of Rs 548.
Independent Technical Analyst, Rakesh Gandhi is of the view that one may buy Ipca Laboratories for target of Rs 844 and sell LIC Housing Finance with a target of Rs 187.1.
Pankaj Jain of Sunteck Wealthmax advises buying Marksans Pharma for a target price of Rs 18.85 and Aurobindo Pharma for a target price of Rs 468.
Research team at CNBC-TV18 tells you why the following stocks need to be watched. Infosys, Tata Steel, Maruti, ICICI Bank, SBI, PTC India Financial, Bharti Airtel, IRB Infra, Shalimar Paints, Schneider Electric
Siddharth Bhamre of Angel Broking is positive on IRB Infrastructure Developers.
Prakash Diwan of Altamount Capital Management recommends going long in UCO Bank with a target of Rs 79.50 and GIC Housing Finance with a target of Rs 108.50.
Prakash Diwan of Altamount Capital Management recommends buying Voltas with a target of Rs 117.90 and UCO Bank with a target of Rs 79.50.