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
CLSA has a sell rating on Tata Steel with a target of Rs 235 per share. It remains negative given weak steel price environment.
SP Tulsian, sptulsian.com, shares his views on the Indiabulls Group and explains why he is bullish on Taj GVK. He also talks about the dissapointing numbers posted by Infosys in its first quarter earnings and three IT companies which he expects will perform better.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, LIC Housing Finance and Bharat Financial Inclusion.
According to Ashwani Gujral of ashwanigujral.com, one may buy Kesoram Industries, LIC Housing Finance and Tata Motors.
Gaurav Bissa of LKP Securities recommends buying M&M Financial Services, LIC Housing Finance and Asian Paints and advises selling Just Dial.
Hemant Thukral of Aditya Birla Money is of the view that one can buy Housing Development and Infrastructure, LIC Housing Finance and IndusInd Bank.
Jay Thakkar of Sharekhan is of the view that one may buy Mcleod Russel with a target of Rs 222.
Gautam Chhaochharia, Head-India Research at UBS is bullish on NBFC.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Finance and advises selling Reliance Industries and NIIT Technologies.
Chandan Taparia of Anand Rathi Securities recommends buying Pidilite Industries, India Cements and LIC Housing Finance.
Gaurav Bissa of LKP Securities recommends buying LIC Housing Finance 520 Call and ONGC 220 Put.
Ruchit Jain of Angel Broking suggests buying Tata Power Company with a target of Rs 80.
Rakesh Bansal of RK Global is of the view that onemay buy Crompton Greaves Consumer Electrical with a target of Rs 157.
Vijay Chopra of enochventures.com is of the view that one may pick ICICI Bank and Sun Pharma Advanced Research Company.
Vijay Chopra of enochventures.com advises selling Kwality.
Though 7th pay hike is lower than in 6th Pay Commission and the arrear payouts are likely to be lower, analysts still expect a consumption boost. Citi economists expect consumption growth pick up to 8.4 percent in FY17 from 7.6 percent in FY16 (marginal downside risks from potential delays in implementation of allowances hike).
Amit Gupta, Head - Derivatives at ICICIdirect is of the veiw that LIC Housing Finance should head towards Rs 540.
Kunal Saraogi of Equityrush advises buying UCO Bank with a target of Rs 43.
Sandeep Wagle of powermywealth.com is of the view that one may pick LIC Housing Finance and HDFC.
Sudarshan Sukhani of s2analytics.com advises buying HPCL, LIC Housing and Coal India.
Sandeep Wagle of powermywealth.com is of the view that one can buy LIC Housing Finance and Dr Reddy's Laboratories and sell Bharti Infratel.
Vijay Chopra of enochventures.com is of the view that one may buy Tata Coffee with a target of Rs 110.
According to Sudarshan Sukhani of s2analytics.com, one can buy LIC Housing Finance.
Vijay Chopra of enochventures.com advises buying LIC Housing Finance with a target of Rs 480.
Kunj Bansal of Centrum Wealth Management is of the view that non-banking finance companies and print media space look good.