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
Taher Badshah of Motilal Oswal AMC is of the view that one may look at FMCG and NBFC space.
Sudarshan Sukhani of s2analytics.com recommends investing in Motherson Sumi Systems, United Spirits and LIC Housing Finance.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Eicher Motors, Ashok Leyland and LIC Housing Finance.
Mayuresh Joshi of Angel Broking is of the view that one may prefer LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Shriram Transport Finance Corporation.
Neeraj Deewan of Quantum Securities is of the view that one may prefer PSU banks and housing finance companies.
According to Shahina Mukadam, Market Expert, one may stay invested in LIC Housing Finance.
Sandeep Bhatia, Exec Director & Head-Sales at Kotak Institutional Equities is of the view that Axis Bank is a good opportunity at the current level and prefers LIC Housing Finance.
Vikas Khemani ,CEO at Edelweiss Securities has a positive stance on private sector banks.
According to Sachin Shah, Fund Manager at Emkay Investment Managers, one may look at LIC Housing Finance.
According to Sudarshan Sukhani of s2analytics.com, short term investor may exit LIC Housing Finance.
The brokerage firm believes the company has shown improvement in loan growth as well as asset quality and has raised its target price on the same from Rs 436.50 to Rs 570.
Here are top 10 stocks to focus on April 20 – Lupin, Bharat Forge, Reliance Industries, LIC Housing Finance, Delta Corp, Titagarh Wagons, Clariant Chemicals, Glenmark Pharma, Bhushan Steel and NMDC.
Nipun Mehta of Blue Ocean Capital Advisors is of the view that one may look at housing finance companies.
Gaurav Bissa, Derivatives Analyst at LKP Securities recommends going long in LIC Housing Finance 500 Call.
Dharmesh Mehta, MD & CEO at Axis Capital recommends investing in banking and financial space at lower levels.
Anand Tandon, market expert is of the view that one may prefer housing finance companies.
Mayuresh Joshi - fund manager - PMS at Angel Broking is of the view that one may look at NBFC space.
Sameet Chavan of Angel Broking is of the view that LIC Housing Finance may test Rs 430.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Axis Bank, TCS, Infosys and JK Lakshmi Cement.
Vishal Goyal, executive director, Leading Banks & Fin Research at UBS prefers State Bank of India, HDFC Bank, Bank of Baroda, Axis Bank and LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com recommends selling Bata India, TVS Motor Company and LIC Housing Finance.
Sameet Chavan of Angel Broking recommends buying Tata Steel with a target of Rs 348 and advises shorting LIC Housing Finance with a target of Rs 440.
Tirthankar Patnaik, India Strategist at Mizuho Bank is of the view that one may prefer PSU banking and non-banking financial stocks.
Yogesh Mehta of Motilal Oswal recommends buying LIC Housing Finance and Rural Electrification Corporation.