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 recommends buying BHEL and feels that Larsen & Toubro may head lower.
Ashwani Gujral of ashwanigujral.com recommends selling LIC Housing Finance and Jet Airways and advises buying ITC.
CNBC-TV18‘s Ekta Batra lists out stocks to focus on - Lupin, HDFC, ITC, BPCL, IOC, HPCL, Cairn India, and Crompton Greaves.
Rakesh Bansal of RK Global recommends buying Asian Paints, Adani Power, ITC, L&T and SKS Microfinance.
Sharmila Joshi of sharmilajoshi.com is of the view that one may stay invested in ITC.
Ashwani Gujral of ashwanigujral.com recommends selling BHEL and Reliance Industries and advises buying Gujarat Narmada Valley Fertilizers & Chemicals and ITC.
Abneesh Roy, Associate Director of Edelweiss Securities says that the 10 percent hike in excise duty on cigarette is manageable for ITC with a rise in price by 6-7 percent.
Rajat Bose of rajatkbose.com is of the view that one may buy ICICI Bank while can sell Maruti Suzuki, Bajaj Auto and Bharti Airtel.
Jubilant investors are hurriedly buying shares of ITC as brokerages are bullish on the stock. In his Budget proposal for FY17, Finance Minister Arun Jaitley hiked excise duty on cigarettes to 10-15 percent.
Ashwani Gujral of ashwanigujral.com recommends selling Maruti and HUL and advises buying PI Industries and JSW Steel.
Ashwani Gujral - Fund manager at ashwanigujral.com recommends buying State Bank of India, Hindustan Unilever, SKS Microfinance and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying ITC and HDFC.
Ashwani Gujral ashwanigujral.com is of the view that ITC may test Rs 200-210.
Ashwani Gujral of ashwanigujral.com recommends selling Strides Shasun, Torrent Pharma and Aurobindo Pharma and feels that ITC may head lower and test Rs 260.
Prakash Gaba of prakashgaba.com recommends going long in Britannia Industries and feels that Hexaware Technologies may hit Rs 246 and Zee Entertainment may test Rs 405.
Motilal Oswal expects a blended excise duty increase of 10 percent. In FY15-16, excise duty was hiked 25 percent in cigarette lengths less than 65mm and 15 percent increased for lengths over 65 mm.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bharat Petroleum Corporation and buy Ashok Leyland, Ceat and Hexaware Technologies.
Rajat Bose of rajatkbose.com is of the view that Bajaj Auto may head higher while ITC may test Rs 321.
Jay Thakkar of Sharekhan suggests selling ITC with a target of Rs 281.70.
Gaurav Bissa of LKP Securities is of the view that one can buy ITC 300 Put.
Rakesh Bansal of RK Global recommends buying Hindustan Zinc with a target of Rs 184 and Tata Steel with a target of Rs 264.
Amit Gupta of ICICIdirect recommends buying Titan Company on dips and feels that ITC may test Rs 300.
Rajat Bose of rajatkbose.com recommends selling ITC and Tata Motors and feels that LIC Housing Finance may test Rs 409.
Amit Harchekar, Chief Technical Strategist at A PLUS Analytics recommends going long in Asian Paints and ITC.
Rajat Bose of rajatkbose.com recommends selling ITC and feels that HDFC Bank may test Rs 1,013.