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
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
According to Ashwani Gujral of ashwanigujral.com, one may buy Mahindra and Mahindra, Muthoot Finance and Can Fin Homes.
Gaurav Bissa at LKP Securities is of the view that one may go long in Dewan Housing Finance Corporation 270 Call option.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on specific stocks.
SP Tulsian of sptulsian.com, explains why he remains to be bullish on UP based sugar stocks. He also shares his thoughts on IRB Infra and why it may be a good idea for long-term investors. He also keeps a positive stance on NBFC stocks.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market.
Parag Thakkar of HDFC Securities is of the view that one can buy Mahindra and Mahindra.
Sudarshan Sukhani of s2analytics.com recommends going long in ICICI Bank and Mahindra & Mahindra and Coal India and sell Reliance Capital and Marico.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities is of the view that one can buy Mahindra and Mahindra, Dabur India and Zee Entertainment and sell Ajanta Pharma and Syndicate Bank.
Prakash Gaba of prakashgaba.com recommends going long in HCL Technologies and feels that Mahindra & Mahindra for target of Rs 1,420-1,450.
According to Prakash Gaba of prakashgaba.com, HCL Tech can climb to Rs 800 and Mahindra & Mahindra may hit Rs 1425.
Prakash Gaba of prakashgaba.com is of the view that HCL Tech can climb to Rs 790 while Mahindra & Mahindra may test Rs 1400.
Ashwani Gujral of ashwanigujral.com recommends buying Mahindra and Mahindra, Tata Motors and Bajaj Finance.
Citi maintains buy call Biocon as it makes regulatory filing of Gargine in Europe. It says the Biocon is most leveraged play on global biosimilars opportunity.
Shahina Mukadam, Independent Market Expert suggests buying Lovable Lingerie with a target of Rs 298.
Morgan Stanley is underweight on SBI with target at Rs 200 per share as five banking subsidiaries reported weak earnings and earnings may be weak in FY17 & FY18. It expects NIM to remain subdued for longer.
SP Tulsian of sptulsian.com recommends PSU banks to brave investors. He expects asset quality of banks to improve going ahead. He also talks about auto stocks and the Tata controversy.
Varun Goel of Motilal Oswal AMC has a positive view on auto ancillary space.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell ONGC and PNB and buy Mahindra & Mahindra.
Prakash Gaba of prakashgaba.com recommends going long in Mahindra and Mahindra and feels that Cipla can slide to Rs 555.
ICICI Direct sees Sensex EPS to grow 16.4 percent YoY to Rs 1600 in FY17 and then witness growth of 17.5 percent YoY in FY18 to Rs 1880. It has set a one year forward target of 31000 for the Sensex and 9400 for the Nifty.
Sandeep Wagle of powermywealth.com recommends buying Federal Bank and Indo Count Industries and sell Mahindra & Mahindra.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com listed his stock picks and market outlook.
Sudarshan Sukhani of s2analytics.com recommends buying Voltas and Indraprastha Gas and advises selling Mahindra & Mahindra.
Sudarshan Sukhani of s2analytics.com recommends buying BPCL and Bharat Financial Inclusion and advises selling Colgate Palmolive, Titan Company and Mahindra & Mahindra.