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
Rahul Mohindar of viratechindia.com recommends buying ITC with a target of Rs 255.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IIFL Holdings and ITC and sell Siemens.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Edelweiss Financial, JM Financial and Tata Global Beverage.
Sudarshan Sukhani of s2analytics.com recommends buying Voltas and Indraprastha Gas and advises selling Mahindra & Mahindra.
Macquarie is optimistic that FY17 cigarette EBIT growth can be in double digits aided by volume growth and margin expansion due to a shift of brands to the 64mm category. It estimates cigarette volume growth of 4 percent in Q2FY17.
Ashwani Gujral of ashwanigujral.com recommends buying HUL and J Kumar Infra and advises selling Jet Airways, Ambuja Cements and NTPC.
CLSA cuts FY17-FY19 profit estimate of Bharti Airtel by 4-17 percent to factor in spectrum spend, which may impact debt. It maintains buy with revised target of Rs 393 per share.
Sudarshan Sukhani of s2analytics.com recommends buying Canara Bank and Shriram Transport Finance.
Mitesh Thacker of miteshthacker.com is of the view that one may sell ITC and Coal India.
According to Ashwani Gujral of ashwanigujral.com, one may buy United Spirits and advises selling ITC.
Ashwani Gujral of ashwanigujral.com suggests selling Tata Motors and ITC.
Mitesh Thacker of miteshthacker.com recommends selling ITC for target of Rs 253.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Yes Bank, Apollo Tyres, PNB and pharma stocks and advises selling HDFC and ITC.
Ashwani Gujral of ashwanigujral.com recommends buying Bharat Forge, IndusInd Bank and Vedanta.
Krish Subramanyam of Altamount Capital recommends buying ITC and Tata Power Company.
Amit Harchekar of A PLUS Analytics is of the view that one may buy Yes Bank and Mahindra & Mahindra Financial Services.
Rajat Bose of rajatkbose.com is of the view that one can sell Cummins India and ITC.
Sudarshan Sukhani of s2analytics.com recommends short selling Arvind and Mcleod Russel.
Mitesh Thacker of miteshthacker.com recommends buying ITC and Jain Irrigation Systems.
Sandeep Wagle of powermywealth.com recommends buying ITC and HCL Technologies and sell Just Dial.
Gaurav Bissa of LKP Securities is of the view that one can go long in ITC 260 Call and Wockhardt 700 Call.
Gaurav Bissa of LKP Securities is of the view that one can buy ITC, NMDC and IDFC.
VK Sharma, Head Private Broking & Wealth Management at HDFC Securities recommends buying ITC 240 Call and advises bull spread in HPCL.
Deven Choksey of KRChoksey Invst Managers has ITC as a contra buy and feels that one can buy Biocon at lower levels while he prefers auto space, including Ashok Leyland, Tata Motors and Eicher Motors.
Citi has a buy call on ITC with target increased to Rs 295 from Rs 260 per share as cigarette volumes rebound to 3-4 percent in Q1 YoY. Goldman Sachs also reiterates buy rating with improving volume trend to lead to valuation convergence.