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
Sanjiv Bhasin of IIFL is of the view that Tata Motors, Ashok Leyland, Eicher Motors and Shriram Transport are the favourite stocks.
SP Tulsian of sptulsian.com is of the view that one may prefer Zee Media and Himadri Chemicals.
AK Prabhakar of IDBI Capital is of the view that one may prefer Arvind and Power Grid.
Gaurang Shah of Geojit BNP Paribas feels that Power Grid may test Rs 181-185.
Prakash Gaba of prakashgaba.com is of the view that one may remain invested in Power Grid.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Power Grid Corporation and JSW Steel and sell Ceat.
Ashwani Gujral of ashwanigujral.com feels that Power Grid Corporation of India may touch Rs 175-180.
Watch the interview of Daljeet Singh Kohli of India Nivesh Securites with Reema Tendulkar & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Shahina Mukadam, Independent Market Expert is of the view that one may prefer LIC Housing, Tata Motors and Axis Bank.
Chandan Taparia of Anand Rathi Securities recommends buying Power Grid, Biocon and Apollo Hospitals.
Mayuresh Joshi of Angel Broking has an optimistic view on Power Grid.
Sudarshan Sukhani of s2analytics.com recommends buying Power Grid, Tata Communications and advises selling Jubilant Food, BEL and DHFL.
Rakesh Bansal of RK Global suggests buying Petronet LNG with a target of Rs 295.
Sudarshan Sukhani of s2analytics.com advises buying Power Grid, Dabur and Hero Motocorp.
Rakesh Bansal of RK Global recommends buying Ajanta Pharma, BPCL, Granules India and Power Grid.
Sachin Shah, Fund Manager at Emkay Investment Managers has a positive view on private sector banks and likes Power Grid.
Parag Thakkar of HDFC Securities recommends adding Power Grid to portfolio and advises buying Kotak Mahindra Bank, IndusInd Bank, UltraTech Cement and Asian Paints on dips.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bata India and advises avoiding Titan Company.
Sudarshan Sukhani of s2analytics.com recommends selling pharma stocks and advises buying Hero Motocorp and Power Grid.
Siddarth Bhamre of Angel Broking recommends shorting Larsen and Toubro and IndusInd Bank and advises going long in Kotak Mahindra Bank.
Mayuresh Joshi of Angel Broking likes NTPC and Power Grid Corporation of India.
Rajat Bose of rajatkbose.com is of the view that Mindtree may test Rs 1550 while Kaveri Seed Company may hit Rs 408.
The government has been constantly pushing for the UDAY scheme to revive power sector, Prakash Goel, VP - Equity Research at ICICI Securities discuss the outlook for the whole power sector and role UDAY will play in it.
Ashwani Gujral of ashwanigujral.com advises selling State Bank of India and JSW Energy.
Krish Subramanyam of Altamount Capital recommends buying IDFC 40 Put and Power Grid Corporation of India.