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
Sandeep Wagle of powermywealth.com suggests buying Indian Oil Corporation and Siemens and is bullish on L&T with a target of Rs 1950.
Ashwani Gujral of ashwanigujral.com recommends buying HPCL, Larsen & Toubro and Capital First.
In an interview to CNBC-TV18’s Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Deven Choksey of KRChoksey Investment Managers shared his readings and outlook on market and specific stocks.
ITC, UPL, Dr. Reddy's, among others are being watched by analysts, while steel and oil and gas too remain on their radar.
Sandeep Wagle of powermywealth.com suggests buying TVS Motor Company, Larsen & Toubro and NCC.
While the Nifty may remain on a consolidation path, stock-specific movements could be the flavour of the week. Here is a list of top five stocks to track based on technical parameters.
Prakash Gaba of prakashgaba.com is of the view that RIL looks good while L&T may test Rs 1667.
Valuation point of view, caution is still there as markets have factored in all the positives that will boost earnings in future.
Yogesh Mehta of Motilal Oswal Securities suggests buying Larsen & Toubro and Hindalco Industries.
Sameet Chavan of Angel Broking suggests buying buying Larsen and Toubro (L&T) with a target of Rs 1645.
Here are five stocks to buy based on technical parameters with a holding period of 1 month.
Sandeep Wagle of powermywealth.com is of the view that one can buy Larsen & Toubro and BEML.
Mitessh Thakkar of miteshthacker.com recommends buying BEML and Larsen & Toubro.
Chandan Taparia, Derivative & Technical Analyst, Motilal Oswal Securities recommends buying Larsen & Toubro and Zee Entertainment while he feels that the rally in Reliance Industries will continue on the upside.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Glenmark Pharma and M&M and buy Siemens, Larsen & Toubro and Exide Industries.
Yogesh Mehta of Motilal Oswal Securities recommends buying
Ashwani Gujral of ashwanigujral.com recommends buying Muthoot Finance, Edelweiss Financial Services and Larsen & Toubro.
Ashwani Gujral of ashwanigujral.com suggests buying Asian Paints, Voltas and REC.
In an interview to Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, SP Tulsian of sptulsian.com shared his views on the fundamentals of the market and the outlook going forward. He also spoke about specific stocks and sectors.
Rajat Bose of rajatkbose.com is of the view that one may hold Larsen and Toubro.
Sharmila Joshi of sharmilajoshi.com is of the view that one may stay invested Larsen and Toubro.
Formation of hanging man after an intermediate up move on Thursday and Friday shows that the trend is exhausting as selling is emerging at a higher level.
A list of stocks to watch out for based on rotational aspect of the index for medium to long term.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy L&T and HUL and sell Apollo Hospitals and Idea Cellular while one can avoid Dr Reddy's Labs.