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
Ashwani Gujral of ashwanigujral.com is of the view that one may buy IndusInd Bank and Petronet LNG and sell M&M Financial Services.
Chandan Taparia of Motilal Oswal Securities recommends buying ITC, Petronet LNG and Cipla and suggests selling BPCL.
Ashwani Gujral of ashwanigujral.com suggests buying Granules India, Biocon and Petronet LNG.
A telecom major and a low cost carrier are among the three stocks that are being tracked by analysts today.
Sudarshan Sukhani of s2analytics.com recommends buying Escorts, Petronet LNG and Jubilant Foodworks.
In an interview to CNBC-TV18's Sonia Shenoy and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.
Rakesh Bansal of R K Global advises buying EID Parry with a target of Rs 319.
According to Ashwani Gujral of ashwanigujral.com, one may India Cements, Petronet LNG and Bharti Infratel.
Bajaj Auto, JSW Energy, Petronet LNG are on its radar
According to Rajat Bose of rajatkbose.com, one can buy SRF and can sell Petronet LNG.
Ashwani Gujral of ashwanigujral.com recommends buying Capital First, Repco Home Finance and JBF Industries and advises selling Bharat Financial Inclusion and Sonata Software.
The stock surged over 4 percent intraday on Wednesday
Sandeep Wagle of powermywealth.com is of the view that one can buy Petronet LNG and sell Tata Steel.
According to Ashwani Gujral of ashwanigujral.com, one can buy Berger Paints, Repco Home and Petronet LNG.
But, it is time to tread with caution with respect to small and midcap stocks after a sharp rally in the last 12-24 months. Not all midcap stocks might strike gold for investors at current levels given the frothy valuation.
From Vedanta, Eicher Motors to power and NBFCs, analysts are tracking these stocks and sectors on Wednesday
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Grasim Industries and Petronet LNG.
According to Ashwani Gujral of ashwanigujral.com, one can buy Ujjivan Financial Services, Petronet LNG and Maruti Suzuki.
Sudarshan Sukhani of s2analytics.com suggests selling United Breweries and Bharat Financial Inclusion and advises buying Adani Ports, Petronet LNG and Piramal Enterprises.
Rahul Shah of Motilal Oswal suggests buying Petronet LNG and Dewan Housing Finance.
Amit Gupta of ICICIdirect suggests buying Petronet LNG 420 Call and Hindustan Unilever 920 Call.
Sudarshan Sukhani of s2analytics.com expects momentum in BoB and Canara Bank while advises selling Glenmark Pharma.
As much as 85 stocks are trading above their 5-year average price and out of that 15 stocks more than doubled from their average price recorded in the last five years.
Mitessh Thakkar of miteshthacker.com