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 mitesshthakkar.com advises selling Ceat and Godfrey Phillips.
Vijay Chopra of enochventures.com advices buying Oil India with a target of Rs 335.
According to Prakash Gaba of prakashgaba.com, 9740 is a very crucial support and breach of 9740 could bring in more selling while stiff resistance exists at 9912. He recommends buying Oil India while advises selling HCL Tech, Bharat Financial Inclusion and Hindalco Industries.
Mitessh Thakkar of mitesshthakkar.com suggests buying Cipla, Oil India and Petronet LNG and advises selling Larsen & Toubro and Raymond.
8 stocks are the radar of Anand Rathi Share and Stock Brokers
Prakash Gaba of prakashgaba.com is of the view that technically, now 9676 remains the target as long as 9600 holds. The crucial support for the Nifty is at 9600-9560 and the resistance is at 9676.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Infra, Reliance Defence and Rain Industries.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Balrampur Chini and sell Oil India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy PC Jeweller and sell Coal India and Oil India.
Sudarshan Sukhani of s2analytics.com advises buying Reliance Industries and Adani Ports.
Oil India, Bharat Forge and Shriram Transport Finance are on the radar of Reliance Securities
Sandeep Wagle of powermywealth.com is of the view that one can buy IndusInd Bank and sell Oil India.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bajaj Auto, Bharti Infratel and Adani Transmission and can sell IGL and Oil India Limited.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Amara Raja Batteries and sell Oil India Limited.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell Oil India and can buy Titan Company, Ahluwalia Contracts, Balrampur Chini and Chambal Fertilisers.
According to VK Sharma, Head of Business-Private Client Group at HDFC Securities, one can buy Hero MotoCorp 3350 Call, YES Bank 1500 Call and Oil India 340 Call.
Prakash Gaba of prakashgaba.com is of the view that Oil India can climb to Rs 343 while Strides Shasun may hit Rs 1185.
Prakash Gaba of prakashgaba.com likes Oil India and advises buying JSW Energy.
Sameet Chavan of Angel Broking is of the view that one may buy Indiabulls Real Estate with a target of Rs 92.
Bank of America Merrill Lynch says new Range Rover launch will strengthen product pipeline of JLR. With that volume outlook strengthened but launch cost is likely to recur, it feels.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy CESC, Indiabulls Housing Finance and Escorts and sell Oil India Limited and Power Finance Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Oil India Limited and Tata Global Beverage and advises selling Ceat.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
Credit Suisse maintains neutral rating on Cadila with target cut to Rs 370 from Rs 405 per share as sales miss of 3 percent is driven by US sales declining 11 percent.