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
Chandan Taparia of Anand Rathi Securities is of the view that one can buy Asian Paints and Hero MotoCorp.
Parag Thakkar of HDFC Securities has a bullish stance on Mahindra and Mahindra and Maruti Suzuki.
Goldman Sachs says Maruti has strategically lowered production of Swift and DZire in favor of Baleno, thereby reducing the discount pressure on the Swift twins. Also, Goldman is guiding for steep Brezza ramp up given it is produced in the relatively less busy Gurgaon plant
Ashwani Gujral of ashwanigujral.com is of the view that one can buy BPCL and Voltas and sell Jindal Steel & Power.
Parag Thakkar of HDFC Securities is of the view that one can buy Bharat Forge on dips for long term.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Maruti Suzuki and Godfrey Phillips.
Ajay Bodke of Prabhudas Lilladher prefers Dabur India on dips and has Maruti Suzuki and Tata Motors as top picks.
Mahantesh Sabarad of SBICAP Securities is of the view that one may look at Maruti Suzuki.
According to Rajat Bose of rajatkbose.com, one may buy Reliance Industries, Maruti Suzuki and Asian Paints.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Maruti Suzuki on all declines.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HDFC Bank, Voltas and Maruti Suzuki.
Ajay Bodke of Prabhudas Lilladher has a positive view on NIIT Tech and Maruti Suzuki and has ACC and JK Lakshmi Cement as the top picks from the cement space.
Sudarshan Sukhani of s2analytics.com recommends buying Bajaj Finance, Maruti Suzuki and Ajanta Pharma.
Rajat Bose of rajatkbose.com recommends going long in JSPL and feels that Maruti Suzuki looks good for a target of Rs 3930.
Speaking to CNBC-TV18, Basudeb Banerjee said he had buy call on Maruti with a target of Rs 4,200 per share and suggested holding on to Eicher Motors with a price target of Rs 19,800.
Sameet Chavan of Angel Broking is of the view that one may buy Gail India with a target of Rs 375.
Rajat Bose of rajatkbose.com recommends buying M&M, Maruti Suzuki and Exide Industries.
VK Sharma of HDFC Securities is of the view that one can buy Maruti Suzuki 3750 Put and Coal India 280 Put.
Ambareesh Baliga, Independent Market Expert is of the view that one may prefer ACC, Ambuja Cements and UltraTech Cement and feels that one acn buy YES Bank on declines.
Sudarshan Sukhani of s2analytics.com recommends buying Maruti Suzuki on declines.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Maruti Suzuki, YES Bank and Axis Bank on dips.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today - REC, NCC, Axis Bank, Bharti Infratel, Biocon, Synegene, Rallis, Maruti, Raymond, Gujarat Narmada Valley Fertilizers & Chemicals, Swaraj Engines, IDFC Bank & Agro Tech Foods.
Anand Tandon, Market Expert is of the view that one can keep Maruti Suzuki in the portfolio.
Rajat Bose of rajatkbose.com is of the view that one may hold Maruti Suzuki.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Himatsingka Seide, Maruti Suzuki and Amara Raja Batteries.