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
Ashwani Gujral of ashwanigujral.com recommends buying GSFC, Jindal Steel & Power and Rural Electrification Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Axis Bank, Adani Ports and Infosys and can sell Jindal Steel & Power.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Glenmark Pharma and JSPL and buy Avenue Supermarts.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Federal Bank and Jet Airways and can sell Vedanta and Jindal Steel & Power.
Sandeep Wagle of powermywealth.com is of the view that one can buy Jindal Steel & Power and India Cements and sell Ceat.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints, Pidilite Industries and Axis Bank and sell Jindal Steel & Power while he is upbeat on M&M and downbeat on Tata Motors.
Sandeep Wagle of powermywealth.com is of the view that one can buy Sun TV Network and sell Jindal Steel & Power.
But, it is time to tread with caution with respect to small and midcap stocks after a sharp rally in the last 12-24 months. Not all midcap stocks might strike gold for investors at current levels given the frothy valuation.
United Spirits, Power firms, oil and gas, among others are on analysts' radar today.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Escorts and Bajaj Electricals and sell Jindal Steel & Power.
Since 14th March 2017, the midcap index has rallied by more than 7%, thereby outperforming Nifty index (up by more than 3%).
Kunal Saraogi of Equityrush is of the view that one may buy Ashoka Buildcon with a target of Rs 216.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jindal Steel & Power and Container Corporation of India and sell Jubilant Foodworks.
According to Ashwani Gujral of ashwanigujral.com, one can buy Jindal Steel & Power, HDIL and Bharat Forge.
Sandeep Wagle of powermywealth.com is of the view that one can buy Jindal Steel & Power and Indian Oil Corporation and sell Just Dial.
According to Prakash Gaba of prakashgaba.com, Jindal Steel & Power and Deep Industries look good.
According to Mitessh Thakkar of miteshthacker.com, Ashok Leyland may break below Rs 81 and test Rs 76 while JSPL to remain range bound.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Eicher Motors, Indiabulls Real Estate, Vedanta and JBF Industries and sell Tata Communications.
Prakash Gaba of prakashgaba.com is of the view that one may hold Jindal Steel & Power.
Gaurang Shah of Geojit Financial Services is of the view that one may stay invested in Jindal Steel & Power.
According to Ashwani Gujral of ashwanigujral.com, one can sell JSPL and buy M&M Financial Services, Federal Bank, Biocon and Gujarat Fluorochemicals.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy M&M Financial Services, Punjab National Bank and sell Jindal Steel & Power.
Ashwani Gujral of ashwanigujral.com suggests buying Sundram Fasteners, Jindal Steel & Power and DCB Bank.
Jay Thakkar of Anand Rathi advises buying Havells India with a target of Rs 458.
Sameet Chavan of Angel Broking is of the view that one may buy Wockhardt with a target of Rs 808.