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
According to Sandeep Wagle of powermywealth.com, one may buy Power Finance Corporation, Dr Reddy's Laboratories and Dewan Housing Finance Corporation.
Mitesh Thacker of miteshthacker.com suggests buying Power Finance Corporation and Lupin.
In an interview to CNBC-TV18 Amit Gupta, Head- Derivatives at ICICI Direct shared his reading and outlook on the futures and options (F&O) side of the market.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bank of Baroda, Union Bank, PFC, Tech Mahindra and Engineers India.
Kunal Saraogi of Equityrush is of the view that one can buy PFC with target of Rs 130 and Ceat with target of Rs 1200.
Vishal Malkan of malkansview.com is of the view that one may buy Biocon with a target of Rs 910.
Vishal Malkan of malkansview.com is of the view that one may buy Bank of India with a target of Rs 130.
Mitesh Thacker of miteshthacker.com is of the view that one can sell PFC, Britannia Industries, Pidilite Industries and Ajanta Pharma and buy GAIL India.
Mitesh Thacker of miteshthacker.com recommends buying Bajaj Finance, ITC, Power Finance Corporation, Bosch and Bharat Electronics.
VK Sharma, Head Private Broking & Wealth Management at HDFC Securities recommends buying Sun Pharma 700 Put and Ashok Leyland 92.5 Call.
According to Hemant Thukral of Aditya Birla Money, one can buy Biocon and Power Finance Corporation.
Mitesh Thacker of miteshthacker.com is of the view that one can sell ACC and buy NCC, PFC, Tata Chemicals and Balrampur Chini.
Sameet Chavan of Angel Broking is of the view that one may buy Karur Vysya Bank with a target of Rs 534.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy India Glycols, Magma Fincorp and Power Finance Corp.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Godrej Consumer, PFC and Karnataka Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Larsen and Toubro and IRB Infra and buy PFC.
Vishal Malkan of malkansview.com recommends selling Voltas with a target of Rs 375 and Jet Airways with a target of Rs 460.
Krish Subramanyam of Altamount Capital is of the view that one may buy Karnataka Bank with a target of Rs 161.
Ashwani Gujral of ashwanigujral.com recommends selling Tata Motors, Ceat, BF Utilities and PFC and advises buying Delta Corp.
According to Ashwani Gujral of ashwanigujral.com, one can buy Tata Global Beverage and PC Jeweller and sell DLF.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punj Lloyd, SRF, CESC, Petronet LNG, Power Finance Corporation, Oriental Bank of Commerce, Bank of India and HDFC Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Bajaj Finserv, Power Finance Corporation and Kotak Mahindra Bank.
Gaurang Shah of Geojit BNP Paribas is of the view that one may invest in Rural Electrification Corporation.
Sudarshan Sukhani of s2analytics.com recommends selling Pidilite Industries and advises buying Hindalco Industries.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Finance, Punjab National Bank and Indraprastha Gas while he feels that Biocon may hit Rs 970.