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 Larsen & Toubro, HCC, NCC, Bharat Forge, Simplex Infra and Sadbhav Engineering.
Mitessh Thakkar of mitesshthakkar.com has a buy on Vijaya Bank with a target of Rs 66, a buy on NTPC with a target of Rs 190 and a buy Oil India Limited with a target of Rs 358.
Future Retail, Tata Steel and telecom, among others are being tracked by analysts on Tuesday.
The S&P BSE Sensex gained nearly 4,000 points or 13 percent since last Diwali and expectations are that the rally could take the index to fresh highs in 2017 itself.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Kotak Mahindra Bank and Cipla and can sell SREI Infrastructure.
L&T, DLF, MRF and Prestige Estates, among others, are being tracked by investors on Friday.
According to Manoj Murlidharan of Religare Securities, one can buy Larsen & Toubro and Apollo Tyres and expects at least 5-6 percent upmove in HDFC.
Yogesh Mehta of Motilal Osswal recommends buying Piramal Enterprises, Larsen & Toubro and Shriram Transport Finance.
Ashwani Gujral of ashwanigujral.com recommends buying VIP Industries and Divis Laboratories and feels that L&T is likely to test Rs 1400 in six months while he advises selling Arvind.
Mitessh Thakkar of miteshthakkar.com is of the view that one can buy GAIL India and Kajaria Ceramics and sell HDFC, Reliance Infrastructure and MRF.
Indices may pause around 10,200-10,250 levels for few days and may consolidate but any profit booking/retracement can be used to accumulate fresh longs with targets of 10350-10400 levels.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy L&T, Asian Paints, Whirlpool of India, Sun TV Network and Bajaj Finance and advises selling Ajanta Pharma and Dish TV.
Investors should look at stocks which are low risk and are trading at levels which may look expensive but justifies future growth potential of the stock.
Ashwani Gujral of ashwanigujral.com suggests buying IndusInd Bank, Raymond and CESC and advises holding Yes Bank.
Acccording to Ashwani Gujral of ashwanigujral.com, one can buy Larsen & Toubro, DLF and JM Financial.
Mitessh Thakkar of mitesshthakkar.com recommends buying Larsen & Toubro, Bajaj Auto, Capital First, ONGC, Allahabad Bank, Exide Industries and DHFL.
Ashwani Gujral of ashwanigujral.com recommends buying L&T Finance Holdings, Dewan Housing Finance, Sundram Fasteners, Indraprastha Gas, BF Utilities and Larsen and Toubro.
With PM Modi’s vision of making every Indian car electric by 2030, stocks of automakers and ancillary companies which produce electric parts or vehicles are likely to take off.
In an interview to CNBC-TV18, Ashwani Gujral of ashwanigujral.com advises the top stocks to trade for handsome returns.
According to Basant Maheshwari of Basant Maheshwari Wealth, L&T a bellwether stock and also a good way to play the India story while he focuses on financials.
In an interview to CNBC-TV18, Deepak Agarwala of Elara Capital and Sanjeev Zarbade, Analyst at Kotak Securities spoke about the impact of the Mumbai-Ahmedabad bullet train orders on BHEL and a few individual stocks.
Shrikant Chouhan, Senior Vice President of Technical Research at Kotak Securities lists out his top picks.
Ashwani Gujral of ashwanigujral.com suggests buying Adani Transmission, Tata Communications, Bombay Burmah, Muthoot Finance and Capital First.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Zee Entertainment and Larsen & Toubro and sell Punjab National Bank.