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
Ruchit Jain of Angel Broking advises buying Godrej Consumer with a target of Rs 1091.
The valuation of India market still remains to be rich; hence, any correction owning to global volatility should be used as a buying opportunity to dig into quality stocks.
Vishal Malkan of malkansview.com is of the view that one may buy Bata India with a target of Rs 745.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Jet Airways with a target of Rs 795.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Infosys, TCS, Mphasis, Polaris, Tata Elxsi and Mindtree and can sell Bharti Airtel.
Mitessh Thakkar of miteshthacker.com recommends buying HDFC with a stop loss of Rs 1740 and target of Rs 1795 and ICICI Bank with a stop loss of Rs 312 and target of Rs 330.
Vishal Malkan of malkansview.com is of the view that one may buy Century Textiles with a target of Rs 1520.
Ruchit Jain of Angel Broking advises buying PG Electroplast with a target of Rs 490.
Sumeet Jain of Destimoney Securities is of the view that one may buy Polaris Consulting with a target of Rs 384.
A Large part of the rally was driven by short coverings after Moody’s upgrade tilted the sentiment in favour of bulls. The rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to 'Baa3' in 2004. In 2015, the rating outlook was changed to 'positive' from 'stable'.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell SREI Infrastructure and LIC Housing Finance and can buy Polaris Consulting, Mphasis, HCC and Tata Elxsi.
In an interview to CNBC-TV18, G Chokkalingam, Founder & Managing Director at Equinomics Research & Advisory, shared his readings and outlook on the market and specific stocks and sectors.
Mitessh Thakkar of miteshthacker.com suggests buying ACC, Balkrishna Industries, DCB Bank, Prestige Estates and Polaris Consulting.
Ruchit Jain of Angel Broking suggests buying Siemens with a target of Rs 1427.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Indiabulls Real Estate and Dabur India and buy Polaris Consulting & Services.
Rajesh Agarwal of AUM Capital is of the view that one can hold Intellect Design Arena and buy on dips.
Ruchit Jain of Angel Broking advises buying Arvind with a target of Rs 417.
Ashwani Gujral of ashwanigujral.com recommends buying Polaris Consulting, J Kumar Infraprojects and Maruti Suzuki.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Polaris with a target of Rs 190.
G Chokkalingam, Founder & MD at Equinomics Research & Advisory is of the view that one may prefer Polaris, Mphasis and KCP Sugar.
In an interview to CNBC-TV18, G Chokkalingam, Founder & MD of Equinomics Research & Advisory shared his readings and outlook on specific stocks and sector.
G Chokkalingam, Founder & MD at Equinomics Research & Advisory is of the view that Polaris Consulting may hit Rs 220 while one can look at Nagarjuna Fertilisers with a view of 1-3 years.
In an interview to CNBC-TV18, G Chokkalingam, Founder & MD of Equinomics Research & Advisory discussed fundamentals of the market and shared outlook on his top picks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Chennai Petroleum and Polaris Consulting & Services and sell Union Bank of India.
Ashwani Gujral of ashwanigujral.com suggests buying United Spirits, Sonata Software and Polaris Consulting & Services.