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
Amit Harchekar of A Plus Analytics recommends going long in ITC with a target of Rs 345.
Rajat Bose of rajatkbose.com is of the view that above Rs 405, Bharti Airtel may test Rs 409-411.
Manoj Murlidharan of Religare Securities recommends buying ITC, Hindustan Unilever and Asian Paints.
Ambareesh Baliga – Independent Market Expert is of the view that one can buy ITC at around Rs 315-318.
Anu Jain of IIFL-Private Wealth Management feels that ITC may slip to Rs 300-295.
Siddarth Bhamre of Angel Broking is of the view that ITC may move higher.
Manas Jaiswal of manasjaiswal.com recommends shorting ITC at around Rs 325-327.
Sudarshan Sukhani of s2analytics.com recommends buying Bharat Forge and advises selling ITC and Titan Company.
Manas Jaiswal of manasjaiswal.com recommends buying Ashok Leyland and advises selling ITC.
Sanjeev Prasad of Kotak Institutional Equities is of the view that one may look at private sector banks and has increased weightage in ITC and Reliance Industries.
Chandan Taparia of Anand Rathi Securities is of the view that one may buy ITC 350 Call.
Kunal Bothra of LKP Securities is of the view that one may stay invested in ITC.
According to Gautam Chhaochharia, Head of India Research at UBS Securities, Colgate Palmolive is the preferred pick from the consumer space.
Sameet Chavan of Angel Broking recommends buying GAIL India and advises selling ITC.
Gaurav Mehta, VP-Institutional Equities at Ambit Capital is of the view that Tata Motors may test Rs 620-630 and ITC may touch Rs 380-400.
Sudarshan Sukhani of s2analytics.com recommends buying Adani Enterprises, Idea Cellular and ITC.
According to Gaurang Shah of Geojit BNP Paribas Financial Services, one may hold ITC with target of Rs 425.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HUL.
Watch the interview of Vishal Malkan of malkansview.com to answer all your stock queries and Hemant Rustagi of Wiseinvest Advisors is our personal finance expert.
Vishal Malkan of malkansview.com advises holding ITC with a target of Rs 375.
According to Sharmila Joshi of sharmilajoshi.com, one may hold ITC as the stock may move to Rs 375-380 in the long term.
Gaurav Bissa of LKP Securities recommends going long in ITC.
Watch the interview of Sharmila Joshi of sharmilajoshi.com who shared his readings and outlook on specific stocks and sector & Feroze Azeez of Anand Rathi Financial Services answered few personal finance queries.
Mehraboon Irani of Nirmal Bang Securities has a negative view on ITC.
Siddharth Bhamre of Angel Broking is of the view that one may buy ONGC at the current level.