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 advises buying Engineers India, Maruti Suzuki India and Rashtriya Chemicals and Fertilisers.
Rajat Bose of rajatkbose.com recommends buying Balkrishna Industries and Yes Bank.
The August numbers showed three Interesting trends: CVs witnessed a strong growth on the back of good monsoon and increased production of BSIV compliant vehicles; early signs of revival in three-wheeler sales following government’s decision to end permit raj and a pick-up in exports on the back of improving global climate.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy BPCL and Manappuram Finance and hold Maruti Suzuki while one can sell Just Dial and Tata Chemicals.
Aditya Birla Money feels the Nifty trading range for first few days of September series would be 9,650-10,050.
Maruti and Vedanta, among others are being tracked by analysts today.
Analysts feel, historically, September has been a trending month for the market that is closer to its record high; hence, it will be an interesting month to watch for. They don't rule out new highs in the current month.
Manishi Raychaudhuri of BNP Paribas Securities is of the view that auto sector is in a bright spot and in its model portfolio allocation BNP Paribas has significant exposure to Indian autos and are likely to stick with that for the time being.
We have collated a list of top 5 stocks on which brokerage initiates coverage in August. These stocks can give up to 28 percent in next 1 year from Thursday’s closing price.
According to Rajat Bose of rajatkbose.com, one may stay invested in Maruti Suzuki.
Vijay Chopra of enochventures.com is of the view that one may hold Maruti Suzuki.
Ashwani Gujral of ashwanigujral.com suggests buying LIC Housing Finance, Maruti Suzuki and Escorts.
Rajat Bose of rajatkbose.com recommends buying Maruti Suzuki and Hero MotoCorp.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Glenmark Pharma and Idea Cellular and buy Titan Company and prefers Maruti Suzuki over Amtek Auto.
Broking firm Motilal Oswal expects passenger vehicles (PVs) and two-wheelers to report healthy dispatch growth, while heavy commercial vehicles could see gradual retail recovery from second quarter of FY18.
Sudarshan Sukhani of s2analytics.com suggests buying Tech Mahindra, JSW Steel and SREI Infra and advises selling Sun TV Network and Dr Reddy’s Laboratories.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy TVS Motor Company, Maruti Suzuki, Tata Steel, Siemens and Bharat Forge and can sell SRF.
Whenever the market struggles to clear a well-defined resistance zone (9,930-9,950), momentum tends to shift towards broader markets.
Sandeep Wagle of powermywealth.com recommends buying JSW Steel and Maruti Suzuki.
We believe the recent cool off in banking space has also created fresh entry opportunities.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tata Elxsi and buy JM Financial.
Experts expect the market to remain rangebound in near term, at least till the middle of September and can fall another 1,000 points on the Sensex. Such correction in current structural bull run is always healthy for market.
In an interview to CNBC-TV18, Rajesh Kothari, Managing Director of Alfaccurate Advisors discussed fundamentals of the market as well as shared his views and outlook on specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank and HDFC.
Auto sector is in focus today especially SUV makers like M&M, Tata Motors and Maruti. Reports suggest that the cess on SUVs is likely to increase from 15 percent to 25 percent and the total rate on them will be at 53 percent from earlier announced 47 percent. In an interview to CNBC-TV18, Ankit Merchant of KR Choksey Shares & Securities shared his views and readings on the same.