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
According to Sudarshan Sukhani of s2analytics.com, one may sell Axis Bank and Dabur India and buy Larsen & Toubro and Bata India.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Jubilant Foodworks and buy BEML and Engineers India.
Mitesh Thacker of miteshthacker.com recommends selling Larsen & Toubro and United Spirits and advises buying DLF.
Mitesh Thacker of miteshthacker.com is of the view that one may sell JSW Steel, L&T and UPL and buy Deepak Fertilizers and GSFC.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares what is a a good level to enter the Glenmark pharma stock. He also shares his view on other stocks like Laurus Labs, which listed today, defence picks like Bharat Forge, and agro companies like Jayant Agro.
Mitesh Thacker of miteshthacker.com is of the view that one may buy CESC and sell Larsen & Toubro.
Sudarshan Sukhani of s2analytics.com recommends buying Larsen & Toubro and NCC and advises shorting Shriram Transport Finance and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Copper, Adani Transmission and Siemens and sell IRB Infra and Havells India.
Krish Subramanyam of Altamount Capital is of the view that one can buy Adani Enterprises 65 Call and sell 72.50 Call.
According to Sandeep Wagle of powermywealth.com, one can buy UPL and Larsen & Toubro and sell Power Grid.
According to Mitesh Thacker of miteshthacker.com, one can buy Larsen & Toubro and Dabur India.
According to Mitesh Thacker of miteshthacker.com, one may buy Larsen and Toubro and Sun Pharma.
Mitesh Thacker of miteshthacker.com is of the view that one can short HDFC and BPCL and buy Larsen & Toubro.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindalco Industries, Strides Shasun, Hindustan Zinc, OIl India and Vedanta.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on specific stocks.
Deutsche Bank has hold rating on L&T with target price increased to Rs 1380 per share from Rs 1326.95 per share.
Rajat Bose of rajatkbose.com is of the view that one may buy Larsen and Toubro on declines.
Rajat Bose of rajatkbose.com is of the view that one can sell Larsen & Toubro and Voltas and advises buying Oil India.
According to Mitesh Thacker of miteshthacker.com, one can sell Indraprastha Gas and Larsen & Toubro.
Hemant Thukral of Aditya Birla Money is of the view that Larsen and Toubro will continue to underperform and feels that ICICI Bank may test Rs 290.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Heritage Foods and Bajaj Finance and sell Larsen & Toubro.
Ashwani Gujral of ashwanigujral.com recommends selling Ajanta Pharma and DHFL and advises buying Hindustan Unilever.
Rajat Bose of rajatkbose.com recommends shorting Reliance Industries and State Bank of India.
Rahul Mohindar of viratechindia.com is of the view that one may see 5-6 percent downside in OMCs including HPCL and BPCL.
Shahina Mukadam, Independent Market Expert advises buying Larsen and Toubro.