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 is of the view that ITC can move to Rs 265-270.
Sandeep Wagle of powermywealth.com is of the view that one may sell ITC and buy Infosys.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, Ambuja Cements and UltraTech Cement and avoid ITC.
Ashwani Gujral of ashwanigujral.com recommends buying ITC, Tata Communications and BEML.
Ashwani Gujral of ashwanigujral.com suggests buying HDIL, Bharat Electronics and Infosys.
Ashwani Gujral of ashwanigujral.com is of the view that banks will continue to underperform while metals will continue to rise.
Anand Mour, FMCG analyst, ICICI Securities is upbeat on ITC and has a buy rating with a target price of Rs 306. He expects ITC to post an EPS of Rs 8.5 in FY17 and Rs 9.9 in FY18.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com gave his stock picks for the day and shared his market outlook.
Sanjiv Bhasin of IIFL has a bullish view on ITC and Hindustan Unilever.
Sandeep Wagle of powermywealth.com suggests buying ITC and IDFC and advises selling GAIL India.
According to Ashwani Gujral of ashwanigujral.com, one can sell ITC and Century Textiles.
Kotak's preferred picks are ITC, Britannia Industries, Colgate Palmolive, GSK Consumer and Bajaj Corp.
Credit Suisse has cut target price of Coal India to Rs 370 from Rs 385 per share as it sees little downside to the stock. The company reported very weak Q2 results on account of higher costs across heads. Higher costs pull down FY17-19 EPS by 7-20 percent.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on – TCS, Sun Pharma, Coal India, ITC, Bajaj Auto.
CLSA has handpicked six stocks for 2017 to play consumption, value and earnings visibility. The brokerage firm believes slowdown due to demonetisation is unlikely to last materially beyond March 217 and the stocks fallen due to the scare offer good buying opportunities.
CNBC-TV18's Ekta Batra lists out stocks to focus on – HDFC, Tata Power, ITC, HUL, Asian Paints, Bhel, ONGC, Crompton Greaves.
CLSA is convinced that HUL is leaving no stone unturned to lead on way to recovery led by urban markets. It adds that southern region has already started recovering due to higher banking density/penetration.
In an interview to CNBC-TV18 Amit Gupta, Head- Derivatives at ICICI Direct shared his reading and outlook on the futures and options (F&O) side of the market.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Tech Mahindra and sell ITC.
Rajat Bose of rajatkbose.com is of the view that Bajaj Auto may test Rs 2889 while he recommends selling ITC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy ICICI Bank, ITC and Canara Bank.
Mitesh Thacker of miteshthacker.com recommends buying Bajaj Finance, ITC, Power Finance Corporation, Bosch and Bharat Electronics.
Mehraboon Irani, Principal and Head of Nirmal Bang Securities recommends holding ITC and feels that the stock looks very cheap as compared to other FMCG companies.
Krish Subramanyam of Altamount Capital is of the view that one can buy IndusInd Bank 1,160 Put and sell 1280 Call.
In an interview to CNBC-TV18, Deven Choksey, MD of KRChoksey Investment Managers Private Limited shared his readings and outlook on specific stocks and sectors.