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
Kunal Saraogi, CEO at Equityrush is of the view that one may exit L&T Finance Holdings.
Vishal Kshatriya of Edelweiss advises buying Idea Cellular with a target of Rs 180 and Punjab National Bank with a target of Rs 1040.
Ashish Chaturmohta of Fortune Equity Broker recommends going long in L&T Finance Holdings with a target of Rs 84-85.
Sudarshan Sukhani of s2analytics.com is upbeat on NBFC space and recommends buying Power Finance Corporation, L&T Finance Holdings and Mahindra & Mahindra Financial Services.
Manas Jaiswal, Technical Analyst at manasjaiswal.com recommends buying Adani Ports and L&T Finance Holdings.
Kunal Saraogi of Equityrush advises buying LIC Housing Finance with a target of Rs 370 and Reliance Power with a target of Rs 82.
Meghana V Malkan of malkansview.com advises buying Voltas with a target of Rs 240-245 and selling Crompton Greaves with a target of Rs 183-178.
AK Prabhakar, Independent Advisor advises buying Havells India for a target price of Rs 298 and L&T Finance Holdings for a target price of Rs 75.
Kunal Bothra, Head of Advisory at LKP is of the view that L&T Finance Holdings may hit Rs 74-75.
Shrikant Chouhan of Kotak Securities advises buying Indiabulls Housing Finance with a target of Rs 425 ands IDFC with a target of Rs 150.
Devang Mehta of Anand Rathi Financial Services feels that L&T Finance Holdings may test Rs 90-95.
SP Tulsian of sptulsian.com feels that L&T Finance Holdings may not go below Rs 72-73.
Here are stocks that should be on your radar - L&T Finance Holdings, Astrazeneca, HDFC Bank, Mphasis, Tech Mahindra, MMTC, BPCL, Infosys, HSIL and Crompton Greaves.
Kunal Saraogi, CEO at Equityrush is of the view that one may stay away from L&T Finance Holdings as the stock may move lower.
According to, Nilesh Shah, MD & CEO at Envision Capital, one may prefer housing finance stocks from the banking space.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities recommends buying L&T Finance Holdings as the stock may test Rs 95.
Rahul Mohindar of viratechindia.com is of the view that one may buy L&T Finance Holdings at around Rs 84-85 with a target of Rs 93.
Sudarshan Sukhani of s2analytics.com recommends buying L&T Finance Holdings with a view of three months.
Pankaj Jain of Sunteck Wealthmax advises buying M&M Financial Services for a target price of Rs 293 and IRB Infrastructure for a target price of Rs 112.
Following are the stocks that an investor needs to keep an eye on: ICICI Bank, HCL Tech, Maruti Suzuki, Spicejet, DLF, Dalmia Bharat, Hotel Leela, L&T Finance, Justdial, Havells India.
SP Tulsian of sptulsian.com has a positive stance on IDFC, LIC Housing Finance and L&T Finance Holdings.
Apollo Tyres has given a break down from the rising trend line and now with rupee becoming stronger this export is showing some pressure and can correct till Rs 118 on a lower side, says AK Prabharkar, Independent Advisor.
Pankaj Jain of Sunteck Wealthmax recommends going long in Ashok Leyland, IRB Infrastructure Developers and L&T Finance Holdings.
Independent Technical Analyst, Rakesh Gandhi advises buying Bata India for a target price of Rs 1,124 and Godrej Industries for a target price of Rs 308.
Sudarshan Sukhani of s2analytics.com recommends buying L&T Finance Holdings.