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
Ruchit Jain of Angel Broking advises buying Tata Global Beverage with a target of Rs 127.
The market now looks under-owned says SP Tulsian of sptulsian.com in an interview to CNBC-TV18. There will be some profit booking but remain prepared to see a level of 8,500 on the Nifty for the December series, he adds.
Sandeep Wagle of powermywealth.com is of the view that one can buy LIC Housing Finance and Hindalco Industries and sell Sun TV.
Sudarshan Sukhani of s2analytics.com recommends buying Cairn India and Tata Communications.
According to Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities, one can buy Hindustan Unilever, Hindalco Industries and LIC Housing Finance.
Mitesh Thacker of miteshthacker.com recommends buying Ceat, DLF, LIC Housing Finance and Tata Comms and advises selling Kotak Mahindra Bank.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities advises buying LIC Housing Finance and Titan 300 Put.
Avinash Gorakshakar, Market Expert is of the view that one may stay invested in LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, NCC and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Union Bank and Power Grid and sell IRB Infra, Jubilant Food and LIC Housing.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy LIC Housing Finance, Voltas and Ceat.
In an interview to CNBC-TV18, discussing various stocks, SP Tulsian of sptulsian.com said as of now for the Q3, he was upbeat on AksharChem India but warned that one must review these kinds of stocks every quarter.
Ashwani Gujral of ashwanigujral.com recommends selling Glenmark Pharma, LIC Housing Finance and JSW Steel.
Ashwani Gujral of ashwanigujral.com recommends selling LIC Housing Finance and Indiabulls Real Estate and buy Hindalco Industries.
Morgan Stanley is underweight on SBI with target at Rs 200 per share as five banking subsidiaries reported weak earnings and earnings may be weak in FY17 & FY18. It expects NIM to remain subdued for longer.
According to Amit Gupta of ICICIdirect, one can buy Castrol India and short LIC Housing Finance and Biocon.
ICICI Direct sees Sensex EPS to grow 16.4 percent YoY to Rs 1600 in FY17 and then witness growth of 17.5 percent YoY in FY18 to Rs 1880. It has set a one year forward target of 31000 for the Sensex and 9400 for the Nifty.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy LIC Housing Finance and Cera Sanitaryware and sell Cummins India.
Ashwani Gujral of ashwanigujral.com recommends buying Petronet LNG, TVS Motor, BPCL, PNB and LIC Housing Finance.
Morgan Stanley is underweight on Wipro with target price at Rs 460 per share stating that growth is weakest among large peers that may keep valuation low.
Nomura reiterates buy on YES Bank with a target price of Rs 1510 per share. Retail momentum building plus asset quality performance better than peers
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com listed his stock picks and market outlook.
According to Yogesh Mehta of Motilal Oswal, one can buy LIC Housing Finance, DHFL and Zee Telefilms.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.