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
Mitessh Thakkar of miteshthacker.com suggests buying IndusInd Bank, Bajaj Holdings and Mahindra & Mahindra and advises selling Aurobindo Pharma and Dish TV.
In an interview to CNBC-TV18, Rajen Shah, Chief Investment Advisor at Tradebulls Group shared his readings and outlook on specific stocks and sectors.
VK Sharma of HDFC Securities recommends buying Bharat Heavy Electricals 135 Call and Mahindra & Mahindra 1260 Call.
Mitessh Thakkar of miteshthacker.com recommends buying Bata India, Kotak Mahindra Bank, Mahindra and Mahindra, NLC India and ACC.
Hemant Thukral of Aditya Birla Money is of the view that ACC may test Rs 1440 while Mahindra & Mahindra may hit Rs 1290.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Mahindra & Mahindra and sell Tech Mahindra.
Goldman Sachs maintains buy call on Coal India with a target of Rs 360 per share as increase in coking coal prices augurs well for margins. It is expecting 5-13 percent higher EBITDA for FY17-19. It forecasts 7 percent production CAGR over the next ten years.
According to Mitesh Thacker of miteshthacker.com, one can buy Mahindra & Mahindra and Page Industries.
According to Prakash Gaba of prakashgaba.com, HDFC Bank looks good while M&M may test Rs 1225.
Goldman Sachs retains buy call on Bharti as recent correction offers attractive entry point. It says new offer may help Bharti to gain some subscriber market share. It says Vodafone and idea may come up with similar plans in the near future.
In an interview to CNBC-TV18, Prakash Diwan, Market Expert at Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, gives a positive outlook on cement and few auto stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy JSW Steel, Mahindra and Mahindra and Bajaj Finance.
Prakash Diwan of Altamount Capital Management is of the nview that one may short Mahindra & Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell HDFC and Mahindra & Mahindra and advises buying Indraprastha Gas.
Rajat Bose of rajatkbose.com is of the view that one may sell CESC and Mahindra & Mahindra December futures.
Valuations of Glenmark look attractive, Macquarie says, adding it is one the top picks in pharma space with a target of Rs 1,350.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares what is a a good level to enter the Glenmark pharma stock. He also shares his view on other stocks like Laurus Labs, which listed today, defence picks like Bharat Forge, and agro companies like Jayant Agro.
Mitesh Thacker of miteshthacker.com recommends buying Maruti Suzuki and Mahindra & Mahindra.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Mahindra & Mahindra and Century Textiles.
Ashwani Gujral of ashwanigujral.com recommends buying IndusInd Bank, Mahindra & Mahindra and Uflex.
Credit Suisse has raised target for Petronet to Rs 450 and GAIL to Rs 350. It says spot LNG prices could fall from April and stay in USD 5- 6/mmbtu range.
With maintaining Maruti Suzuki, Eicher Motors and Tata Motors as preferred picks in auto sector, Nomura said for Tata Motors, China luxury tax impact on EBITDA is likely to be less than 1 percent even if around 20 percent of buyers switch from Range Rover to Range Rover Sport.
Rajat Bose of rajatkbose.com recommends selling L&T Finance Holdings and Mahindra and Mahindra.
Credit Suisse has maintained neutral call on Reliance with target cut to Rs 1035 from Rs 1055 per share as Jio's user-base could grow to 7 crore from 5.2 crore by December-end.