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 ITC is a clear avoid.
Kunal Bothra of LKP Securities is of the view that ITC may hit Rs 360 in next two weeks.
Gaurav Bissa of LKP Securities recommends going long in ITC 340 Call.
Now, domestic investors are eyeing the Reserve Bank of India's monetary policy review on September 29. While analysts make the calculations and churn a new portfolio, here is something that can spin some moeny for you.
Jigar Shah, CEO at Kim Eng Sec India likes Tata Motors, Bajaj Auto, Bharat Forge, ITC, Tata Global Beverage, KPIT Technologies, Eros International and PVR.
Kunal Bothra of LKP Securities is of the veiw that ITC may head to Rs 300.
According to Sharmila Joshi of sharmilajoshi.com, one may prefer largecap stocks like Larsen and Toubro, Sun Pharma and Dabur India.
Prakash Diwan of prakashdiwan.in is of the view that one may see decent upside in International Travel House.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Infosys, NTPC, Indiabulls Housing Finance, Ceat, Sun Pharma Advanced Research, ITC.
Amit Harchekar of A Plus Analytics recommends going short in State Bank of India and advises buying ACC and ITC.
JK Jain of Karvy Stock Broking recommends selling ITC 300 Put and sell 300 Call.
Sameet Chavan of Angel Broking recommends buying TCS and ITC and advises selling Godrej Industries.
Rahul Arora of Nirmal Bang Institutional Equities likes Hero Motocorp and ITC and says that they are contra calls.
Chandan Taparia of Anand Rathi Securities recommends buying ITC 320 Put on declines.
Jay Thakkar of ShareKhan suggests selling Axis Bank with a target of Rs 490.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Lupin and Glenmark Pharma on dips.
According to Manav Chopra of Networth Stock Broking, ITC is likely to outperform the market in next few trading days.
Amit Harchekar of A Plus Analytics likes ITC and expects it to move to Rs 345.
Parag Thakkar of HDFC Securities likes Asian Paints, Pidilite Industries and Castrol and says that ITC is a contra play.
Rishi Kohli of ProAlpha Systematic Capital recommends shorting ITC for a target of Rs 290.
Sameet Chavan of Angel Broking recommends buying ITC and advises selling IndusInd Bank.
Shubham Agarwal of Motilal Oswal Securities is of the view that one can sell ITC for a target of Rs 290.
Nitin Mathur, emerging markets consumer research, Societe Generale gave his views on a whole host of stocks such as Nestle, United Spirits, Godrej Consumer, among others.
Siddarth Bhamre of Angel Broking recommends pair trade wherein one can buy ITC and short Hindustan Unilever.
Jeff Chowdhry, senior EM Fund Manager at LGM is of the view that ITC is the favoutive stock in the FMCG space.