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 Bharti Airtel is the top pick in the telecom space.
According to Sandeep Wagle, Founder & CEO of powermywealth.com, one can buy Coal India and Karnataka Bank.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Petronet LNG and Apollo Tyres.
Sandeep Wagle of powermywealth.com recommends buying Reliance Industries and Karnataka Bank and advises selling Larsen & Toubro.
Sandeep Wagle of powermywealth.com recommends buying Reliance Industries, Union Bank of India and Bharat Petroleum Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Hindustan Zinc and Asian Paints.
Morgan Stanley feels any interest in Axis Bank will be based on its retail franchise as it is one of the few banks with a strong retail deposit franchise.
Ashwani Gujral of ashwanigujral.com suggests buying Axis Bank, Tata Motors and Hindustan Zinc.
Mitessh Thakkar of miteshthacker.com suggests buying Asian Paints, Axis Bank, M&M Financial Services and Marico and has a sell on Tata Motors.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Yes Bank, Reliance Infra, Hindustan Unilever and HDFC and advises selling Amara Raja Batteries.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Prakash Gaba of prakashgaba.com advises selling Reliance Industries at higher levels.
Ashwani Gujral of ashwanigujral.com feels that Reliance Industries may cross Rs 1100.
In an interview to CNBC-TV18, Deven Choksey, MD of KRChoksey Investment Managers shared his readings and outlook on specific stocks that came out with good quarterly numbers.
Sandeep Wagle of powermywealth.com is of the view that one can buy Bharti Airtel and Reliance Industries and advises selling Hindustan Zinc.
According to Ashwani Gujral of ashwanigujral.com, one can buy Idea Cellular and Reliance Industries and advises selling NMDC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, HDFC and Yes Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Industries and L&T Finance Holdings and advises selling Hindustan Zinc.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
In an interview to CNBC-TV18, Rajen Shah, Chief Investment Advisor at Tradebulls Group shared his readings and outlook on specific stocks and sectors.
Sudarshan Sukhani of s2analytics.com recommends buying Oil and Natural Gas Corporation and Bharti Airtel.
Ashwani Gujral of ashwanigujral.com recommends buying Idea Cellular, LIC Housing Finance, Mercator and Reliance Industries.
According to Sudarshan Sukhani of s2analytics.com, one can avoid Infosys.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Yes Bank and advises buying Pidilite Industries and Reliance Industries.
SP Tulsian of sptulsian.com, explains why he remains positive on PSU banks. He also shares his views on Trident Power and several paper stocks.