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 feels that Hindustan Lever and Asian Paints are likely to underperform the market.
Sameet Chavan of Angel Broking is of the view that one may buy CESC with a target of Rs 612.
Rahul Mohindar of viratechindia.com is of the view that one can book profits in Indian Oil Corporation and prefers Hindustan Unilever or ITC as a defensive play.
According to Manoj Murlidharan of Religare Securities, one can pick ITC, Bata India and Hindustan Unilever.
Sudip Bandopadhyay of Destimoney Securities is of the view that ITC may test Rs 350 and recommends picking Marico.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that State Bank of India and ICIC Bank are the top picks from the banking space and likes Hero Motocorp and Maruti Suzuki.
Ambareesh Baliga, Independent market expert is of the view that ITC is a long term buy.
According to Mayuresh Joshi of Angel Broking, one may exit ITC on rallies and prefer housing finance companies including LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer ITC.
Sudip Bandopadhyay of Destimoney Securities is of the view that one may buy ITC and Arvind.
Nooresh Merani of Analyse India suggests buying ITC on declines.
Sudarshan Sukhani of s2analytics.com is of the view that ITC is an attractive opportunity with a view of long term.
Siddarth Bhamre of Angel Broking recommends going long in Steel Authority of India and Reliance Infrastructure.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell LIC Housing Finance and ITC.
Jai Bala of 1857 Advisors is of the view that ITC may head lower.
Sameet Chavan of Angel Broking is of the view that below Rs 312, ITC may breach Rs 300.
Sudarshan Sukhani of s2analytics.com recommends buying State Bank of India and feels that Voltas and Apollo Tyres are opportunities. "One can avoid ITC," he adds.
Amisha Vora of Prabhudas Lilladher is of the view that ITC will underperform.
Dilip Bhat of Prabhudas Lilladher is of the view that one can buy ITC.
Kunal Bothra of LKP Securitites recommends holding ITC as the stock may test Rs 343 over the next three days.
Gaurang Kakkad, Vice President of Institutional Research at Religare Capital Markets is of the view that one may avoid ITC.
Jigar Shah of Kim Eng Sec India is of the view that one may prefer Kansai Nerolac and Asian Paints.
Jigar Shah of Kim Eng Sec India is of the view that one may prefer Tata Motors, Bajaj Auto and Hero Motocorp and feels that Exide Industries looks attractive.
According to Sameet Chavan of Angel Broking, one may remain invested in ITC as long as the stock stays above Rs 310.
Jai Bala of 1857 Advisors has a positive view on ITC and HUL.