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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy TCS, Infosys, HUL, Rural Electrification Corporation and Shriram Transport Finance and sell JSPL.
According to Sudarshan Sukhani of s2analytics.com, Ajanta Pharma is a momentum buy.
Mitesh Thacker of miteshthacker.com recommends buying Tata Chemicals, Bank of Baroda and Shriram Transport Finance.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one may short Ambuja Cements and buy HCPL, Vedanta and Shriram Transport.
Sudarshan Sukhani of s2analytics.com recommends buying Canara Bank and Shriram Transport Finance.
Sandeep Wagle of powermywealth.com advises buying Godrej Industries, Shriram Transport Finance and Arvind.
Sudarshan Sukhani of s2analytics.com suggests buying Canara Bank and Shriram Transport Finance.
Nomura maintains buy call on HDFC Bank with target increased to Rs 1520 from Rs 1325 per share. It says the bank may deliver a 20 percent loan CAGR over FY16-19, adding specific SME sub-sectors may continue to see marginally elevated slippages. It says asset quality situation is very manageable.
Ashwani Gujral of ashwanigujral.com advises buying Bajaj Finance, Reliance Capital, Asian Paints, Amara Raja Batteries and Shriram Transport.
According to Ashwani Gujral of ashwanigujral.com, one can buy Tata Steel and Shriram Transport and sell Hexaware Tehnologies.
Ashish Kyal of Waves Strategy Advisors advises buying Cox & Kings with a target of Rs 253.
VK Sharma of HDFC Securities is of the view that one can buy Ashok Leyland 85 Call.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy JB Chemicals and accumulate Kesoram Industries while one can sell Shriram Transport and Hexaware Technologies.
Mitesh Thacker of miteshthacker.com recommends selling Shriram Transport Finance and Ambuja Cements.
Kunal Saraogi of Equityrush recommends buying Jain Irrigation with target of Rs 101 and Bank of India with target of Rs 130.
Ashwani Gujral of ashwanigujral.com recommends buying Supreme Petro, Bank of Baroda and sell Shriram Transport.
Chandan Taparia of Anand Rathi Securities is of the view that one can sell Ceat and Shriram Transport Finance.
Mitesh Thacker of miteshthacker.com recommends selling Ceat, Ambuja Cements, Glenmark Pharmaceuticals and Shriram Transport Finance and buy Taj GVK Hotels & Resorts.
Rajat Bose of rajatkbose.com is of the view that one can sell Shriram Transport Finance Corporation and Bharat Financial Inclusion.
Ruchit Jain of Angel Broking advises buying Ipca Laboratories with a target of Rs 560.
Rajat Bose of rajatkbose.com is of the view that one can buy Shriram Transport, Aban Offshore and United Breweries.
According to Gaurav Bissa of LKP Securities, one can buy NIIT Tech, Cadila Healthcare and Indiabulls Real Estate and sell Shriram Transport Finance Corporation.
Mitesh Thacker of miteshthacker.com recommends buying Fortis Healthcare, MRF and Indian Bank and advises selling M&M Financial Services and Dabur India.
Vishal Malkan of malkansview.com is of the view that one may buy Shriram Transport Finance Corporation with a target of Rs 1300.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Shriram Transport Finance Corporation.