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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dabur India and Dish TV and sell ACC, Titan Company and McLeod Russel.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his readings and outlook on specific stocks and sectors.
Mitesh Thacker of miteshthacker.com advises buying Bharat Financial Inclusion.
Prakash Gaba of prakashgaba.com is of the view that one may buy Mcleod Russel and Indraprastha Gas.
Prakash Gaba of prakashgaba.com feels that Mcleod Russel can climb to Rs 190.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Just Dial and McLeod Russel.
Ashish Kyal of Waves Strategy Advisors advises buying Cox & Kings with a target of Rs 253.
Rakesh Bansal of RK Global recommends buying Bombay Dyeing with a target of Rs 65 and NOCIL with a target of Rs 70.
Mitesh Thacker of miteshthacker.com recommends buying IDBI Bank and Larsen & Toubro.
Sandeep Wagle of powermywealth.com is of the view that one can buy Karnataka Bank, UPL and McLeod Russel.
Rajat Bose of rajatkbose.com is of the view that Karnataka Bank may hit Rs 149.80 while McLeod Russel may test Rs 195.
Sudarshan Sukhani of s2analystics.com is of the view that one can sell Mindtree and Mcleod Russel and advises buying NTPC.
According to Sandeep Wagle of powermywealth.com, one can buy Adani Ports and Jain Irrigation and sell Mcleod Russell.
Sudarshan Sukhani of s2analytics.com recommends short selling Arvind and Mcleod Russel.
Sandeep Wagle of powermywealth.com is of the view that one can sell Mcleod Russel, HDIL, and Arvind.
Vijay Chopra of enochventures.com is of the view that one may buy Chennai Petroleum Corporation with a target of Rs 280.
Gaurav Bissa of LKP Securities is of the view that one can buy Container Corporation of India, Dewan Housing Finance Corporation and Mcleod Russel.
Vijay Chopra of enochventures.com advises buying Chennai Petro with a target of Rs 265.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy McLeod Russel, Reliance Infrastructure and Heritage Food.
Jay Thakkar of Sharekhan is of the view that one may buy Mcleod Russel with a target of Rs 222.
Rajat Bose of rajatkbose.com recommends buying Kesoram Industries, Lakshmi Vilas Bank, Snowman Logistics, Vedanta and McLeod Russel.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Sun TV Network with a target of Rs 399.
In an interview to CNBC-TV18 Aashish Tater of fortunewizard.com shared his reading and outlook on the market.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Coffee, Mcleod Russel and Capital First.
According to Sandeep Wagle of powermywealth.com, one can buy Larsen & Toubro, Mcleod Russel and Bank of India.