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
Morgan Stanley has equal-weight rating on Crompton Greaves with target at Rs 61 per share as ongoing restructuring leads to margin uncertainty.
According to Chandan Taparia of Anand Rathi Securities, one can buy Tata Chemicals and LIC Housing Finance.
Sudip Bandopadhyay, Market Expert recommends buying Exide Industries at the current level.
Prakash Gaba of prakashgaba.com is of the view that LIC Housing Finance may test Rs 590 while Page Industries Rs 14900 may hit Rs 14900.
According to Mitesh Thacker of miteshthacker.com, one can buy Bajaj Finance, Biocon and LIC Housing Finance.
Rajat Bose of rajatkbose.com recommends buying LIC Housing Finance and advises booking partial profits in Engineers India.
According to Ashwani Gujral of ashwanigujral.com, one can buy LIC Housing Finance and sell Infosys and NIIT Technologies.
Sudarshan Sukhani of s2analytics.com recommends buying Zee Entertainment, Axis Bank and LIC Housing Finance and advises selling Sintex Industries and Arvind.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Finance, Punjab National Bank and Indraprastha Gas while he feels that Biocon may hit Rs 970.
Mitesh Thacker of miteshthacker.com recommends buying LIC Housing Finance, M&M Financial Services, NMDC and Amara Raja Batteries and advises selling Wipro.
Amit Gupta of ICICIdirect recommends buying LIC Housing Finance on declines aand Union Bank of India 130 Call.
Chandan Taparia of Anand Rathi Securities recommends buying LIC Housing Finance, State Bank of India and CESC.
According to Sanjay Dutt of Quantum Securities, PSU banks will outperform and can give 50-60 percent returns from the current level in the next one year.
Deepak Shenoy of Capitalmind.in is of the view that one can buy housing finance stocks on correction.
Mitesh Thacker of miteshthacker.com is of the view that one can go long in private banks and short PSU banks and advises shorting IFCI.
Sudarshan Sukhani of s2analytics.com recommends buying LIC Housing Finance.
Nooresh Merani of Asian Market Securities likes LIC Hosuing Finance and expects Rs 560 in the stock while he feels that Hikal may move to Rs 200.
In an interview to CNBC-TV18, Manoj Murlidharan of Religare Securities shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
According to Sudarshan Sukhani of s2analytics.com, one can buy Torrent Pharma, Divis Labs, LIC Housing Finance and Adani Ports.
Nomura is neutral on Axis Bank with target of Rs 560 per share. It says Q1 earnings is muted and similar trend to continue.
In an interview to CNBC-TV18 Mayuresh Joshi of Angel Broking shared his reading and outlook on the market as well as on various stocks and sectors.
According to Shahina Mukadam, Independent Market Expert, one may hold LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IGL and Tata Motors and sell LIC Housing Finance.
According to Ashu Madan of Religare Securities, one may hold LIC Housing Finance.
Sandeep Wagle, Founder & CEO of powermywealth.com recommends buying Larsen & Toubro, Bajaj Auto, LIC Housing Finance, Maruti Suzuki and Reliance Industries.