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 is of the view that one can buy LIC Housing Finance, Divis Lab and Tata Steel.
According to Mitesh Thacker of miteshthacker.com, one can buy LIC Housing Finance, TCS and Bharat Electronics.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Life Sciences, LIC Housing Finance and Adani Ports.
Here are 8 stocks that brokerage firms are focussing on as Q2 results start. Jefferies has buy rating on Infosys with target price cut to Rs 1280 per share from Rs 1350 per share but strong performance is let down by lackluster guidance. It says reasonable valuation, growth pick up post second half justifies buy rating.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy PC Jeweller, Bata India and JSW Steel and sell LIC Housing.
Rakesh Bansal of RK Global is of the view that one may buy Apollo Tyres with a target of Rs 248.
Gaurav Bissa of LKP Securities advises selling Tata Communications and suggests buying Kaveri Seed and LIC Housing.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Reliance Industries, HDFC Bank and LIC Housing Finance.
Mitesh Thacker of miteshthacker.com advises buying Punjab National Bank, Indiabulls Real Estate, LIC Housing Finance and Tata Communications.
Sandeep Wagle of powermywealth.com suggests buying LIC Housing Finance, Punjab National Bank and Zee Entertainment Enterprises.
Ashwani Gujral of ashwanigujral.com advises buying OBC, Syndicate Bank and LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com advises buying LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell ICICI Bank and LIC Housing.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Just Dial and McLeod Russel.
According to Rajat Bose of rajatkbose.com, one can sell LIC Housing Finance and buy ONGC.
Sudarshan Sukhani of s2analytics.com is of the viwe that one can buy Aurobindo Pharma, Havells India and LIC Housing Finance.
The market has been partying hard since March on account of more than Rs 55,000 crore of FII inflows, the government's several initiatives to boost growth and US Fed holding off on a rate hike until now. The Midcap 100 index surged 35 percent, beating Nifty that jumped 25.65 percent since March 1.
According to Ashwani Gujral of ashwanigujral.com, one can buy Hero MotoCorp, LIC Housing Finance and State Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial Services and feels that Tata Motors is a better buy than Ashok Leyland.
Ruchit Jain of Angel Broking recommends buying Cox & Kings with target of Rs 214 and IPCA Labs with target of Rs 604.
Kunal Saraogi of Equityrush recommends buying Jain Irrigation with target of Rs 101 and Bank of India with target of Rs 130.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Britannia Industries, LIC Housing Finance, NCC, Axis Bank and IndusInd Bank.
Madhu Kela of Reliance Capital has a cautious view on the NBFC space.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Orient Bank of Commerce, LIC Housing Finance and Hindustan Unilever.
It further adds that LIC Housing Finance is favourable due to its funding cost outlook and potential pay commission related growth upside.