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
Mitesh Thacker of miteshthacker.com is of the view that one can go long in private banks and short PSU banks and advises shorting IFCI.
Rakesh Bansal of RK Global advises buying Exide Industries with a target of Rs 190.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ajanta Pharma and Hindustan Petroleum Corporation and sell JSW Energy.
Citi has a buy call on ITC with target increased to Rs 295 from Rs 260 per share as cigarette volumes rebound to 3-4 percent in Q1 YoY. Goldman Sachs also reiterates buy rating with improving volume trend to lead to valuation convergence.
Ashish Chaturmohta of Sanctum Wealth Management is of the view that one can buy Aurobindo Pharma and Divis Labs and hold JSW Energy.
Prakash Gaba of prakashgaba.com is of the view that one may hold JSW Energy.
Rakesh Bansal of RK Global advises buying BEML with a target of Rs 1004.
Sandeep Wagle of powermywealth.com is of the view that one can buy JSW Energy, Wockhardt and Aditya Birla Nuvo.
Manish Sharma of derivativetradingresearch.com advises selling TCS with a target of Rs 2370.
CLSA has retained underperform call on HUL with a target of Rs 885 per share as the company continues to see sluggish growth trend. Change over to IndAS impacted several line items in income statement.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindalco Industries, JSW Energy and BEML and hold Jaiprakash Associates.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IndusInd Bank, JSW Energy and Bharat Forge.
I won‘t be surprised to see pharma as the story for July series and won‘t be surprised in seeing a big upsurge in all big pharma, said SP Tulsian.
Sandeep Wagle of powermywealth.com is of the view that one can sell JSW Energy and Ajanta Pharma and buy Hexaware Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying Thomas Cook and advises selling Strides Shasun and Hindalco Industries and avoid Dr Reddy's Labs.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy V-Guard Industries on declines at around Rs 1250-1300.
Ashwani Gujral of ashwanigujral.com recommends buying JSW Energy and India Cements.
Rakesh Bansal of RK Global is of the view that one may buy CESC with a target of Rs 618.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy JSW Energy, Amara Raja Batteries and State Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying JSW Energy, Vedanta and KPIT Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying Siemens and JSPL and feels that Asian Paints may test Rs 985.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Infra and JSW Energy and advises selling Axis Bank.
Ruchit Jain of Angel Broking advises buying IRB Infra with a target of Rs 230.
Sandeep Wagle of powermywealth.com recommends selling Indiabulls Housing Finance and JSW Energy and buy CESC.
Prakash Gaba of prakashgaba.com recommends buying HDFC Bank and ITC on dips and feels that SpiceJet may hit Rs 90.