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 Ashwani Gujral of ashwanigujral.com, one can buy UPL, Tamil Nadu Newsprint and Papers and Rural Electrification Corporation.
According to Rakesh Bansal of RK Global, one may buy Rural Electrification Corporation (REC) with a target of Rs 240.
Sudarshan Sukhani of s2analytics.com recommends buying Jain Irrigation and feels that Bajaj Auto, REC and Havells India will head higher.
Manish Sharma of derivativetradingresearch is of the view that one may buy Havells India with a target of Rs 420.
Ruchit Jain of Angel Broking advises buying Ipca Laboratories with a target of Rs 560.
CA Rudramurthy BV of Vachana Investments is of the veiw that one can go long in Reliance Industries, Rural Electrification Corporation and UPL.
Chandan Taparia of Anand Rathi Securities recommends buying L&T Finance Holdings and Rural Electrification Corporation and advises bull call spread in Reliance Industries.
Mitesh Thacker of miteshthacker.com is of the view that one can go long in private banks and short PSU banks and advises shorting IFCI.
Sudarshan Sukhani of s2analytics.com recommends buying Indiabulls Housing Finance, Rural Electrification Corporation and Coal India.
Chandan Taparia of Anand Rathi Securities recommends buying Tata Steel 370 Call and Rural Electrification Corporation 230 Call while he feels that Punjab National Bank and Bank of Baroda look weak.
Rajat Bose of rajatkbose.com is of the view that one can sell Bharat Heavy Electricals and Cummins India and recommends buying Rural Electrification Corporation.
Sandeep Wagle of powermywealth.com feels that Rural Electrification Corporation may test Rs 280.
According to Avinash Gorakshakar, Market Expert, one may buy Rural Electrification Corporation on dips.
Sandeep Wagle of powermywealth.com recommends buying Axis Bank, Rural Electrification Corporation and Mahindra and Mahindra.
Sudarshan Sukhani of s2analytics.com recommends buying Exide Industries and Rural Electrification Corporation and advises selling NIIT Technologies.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell KPIT Technologies and buy Tata Global Beverage.
Rahul Shah of Motilal Oswal recommends buying Rural Electrification Corporation, Granules India and Aditya Birla Nuvo.
Ashwani Gujral of ashwanigujral.com is of the view that oen can buy Bajaj Auto and DCM Shriram and sell Rural Electrification Corporation.
Gaurav Bissa of LKP Securities is of the view that one can sell Mahindra and Mahindra Financial Services and buy Rural Electrification Corporation and Grasim Industries.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Acording to Rahul Shah of Motilal Oswal, one can buy Rural Electrification Corporation and Sun Pharma.
Sandeep Wagle of powermywealth.com is of the view that one can sell Rural Electrification Corporation and Idea Cellular and buy Torrent Pharma.
CNBC-TV18's research team gives a list of top 10 stocks for the day. Stocks expected to gain are Glenmark, REC, PNB, Claris, Equitas Holdings, J Kumar Infra, Satin Credit Care while stocks expected to be under pressure are Bharat Forge, Sobha, Canara Bank, IDBI Bank, JBF Ind,HCL Infosystems and GM Breweries.
Rahul Shah of Motilal Oswal is of the view that one can buy Rural Electrification Corporation, Voltas and NCC.
Navneet Daga of IIFL recommends going long in Power Finance Corporation and Arvind.