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
Amit Harchekar of A Plus Analytics is of the view that Petronet LNG may test Rs 190-195.
Sudarshan Sukhani of s2analytics.com recommends exiting LIC Housing Finance.
Neeraj Deewan of Quantum Securities is of the view that one may look at Rural Electrification Corporation, Power Finance Corporation, Motherson Sumi and JK Tyre.
Rahul Shah of Motilal Oswal recommends shorting LIC Housing Finance with a target of Rs 460.
Sandeep Bhatia, Executive Director & Head-Sales at Kotak Institutional Equities is of the view that one may look at ICICI Bank, LIC Housing Finance and Bajaj Finance.
According to a JPMorgan note, focus needs to be on companies that have moderate leverage and can use rate cuts to increase growth in their business.
Mayuresh Joshi, VP- Institution of Angel Broking advises buying State Bank of India and LIC Housing Finance on declines.
Kunal Saraogi of Equityrush recommends buying LIC Housing Finance and Kotak Mahindra Bank.
Kunal Bothra, Head of Advisory at LKP Securities is of the view that LIC Housing Finance may hit Rs 500.
Chandan Taparia of Anand Rathi recommends buying LIC Housing Finance 490 Call and sell 520 Call.
Deven Choksey of KR Choksey and Securities is of the view that one may stay invetsed in housing finance stocks.
Gaurav Bissa of LKP Securities recommends buying HPCL 640 Call, LIC Housing 500 Call and IRB Infra 260 Call.
VK Sharma of HDFC Securities is of the view that one can buy LIC Housing Finance 490 Call.
Sudarshan Sukhani of s2analytics.com recommends buying Alstom T&D.
Sudarshan Sukhani of s2analytics.com recommends buying Ambuja Cements, HPCL and LIC Housing Finance.
Sameet Chavan of Angel Broking recommends buying LIC Housing Finance and advises selling Infosys.
Monal Desai of Sunidhi Securities recommends buying LIC Housing Finance with a target of Rs 510.
According to Sudarshan Sukhani of s2analytics.com, one may buy LIC Housing Finance.
CK Narayan, MD of Growth Avenues recommends buying LIC Housing Finance on every dip and has a bullish view on HDFC.
Here are top 10 stocks to focus on February 24 - Wockhardt, Federal Bank, Bharti Airtel, Idea Cellular, Reliance Communication, State Bank of India, Punjab National Bank, Bank of Baroda, Bank of India and Omaxe.
Pritesh Mehta of IIFL recommends buying LIC Housing Finance with a target of Rs 500.
Mayuresh Joshi, VP- Institution at Angel Broking is of the view that one may prefer LIC Housing Finance.
Deven Choksey, Managing Director at KR Choksey Shares & Securities is of the view that one may prefer housing finance companies.
Chandan Taparia of Anand Rathi Securities recommends buying LIC Housing Finance with a target of Rs 500.
Meghana Malkan of malkansview.com recommends buying LIC Housing Finance and Arvind.