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
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Shriram Transport Finance Corporation and buy Future Consumer.
Sumeet Jain of Destimoney Securities is of the view that one may sell DCB Bank with a target of Rs 113.
Deutsche Bank‘s midcaps top picks are CESC, Petronet LNG, Ramco Cements, REC, Shriram Transport and UPL. Among top large caps, its picks are Aurobindo, BPCL, Maruti, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra, Vedanta India and YES Bank.
Morgan Stanley has downgraded LIC Housing to equal-weight from overweight with target cut to Rs 560 from Rs 700 per share. It says meaningful cut by banks raised risk of higher prepayments pressure for housing finance companies.
Ashwani Gujral of ashwanigujral.com suggests buying Tata Motors, Shriram Transport and Tata Steel.
Ashwani Gujral of ashwanigujral.com recommends buying Biocon, Tata Motors and Shriram Transport.
Vishal Malkan of malkansview.com suggests buying Reliance Communications with a target of Rs 40.
Ruchit Jain of Angel Broking advises buying Reliance Capital with a target of Rs 474.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell United Breweries and Shriram Transport Finance and buy Infosys.
Mitesh Thacker of miteshthacker.com is of the view that one may short Aurobindo Pharma and Shriram Transport Finance and pick GAIL India.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares what is a a good level to enter the Glenmark pharma stock. He also shares his view on other stocks like Laurus Labs, which listed today, defence picks like Bharat Forge, and agro companies like Jayant Agro.
Sudarshan Sukhani of s2analytics.com recommends buying Larsen & Toubro and NCC and advises shorting Shriram Transport Finance and Jubilant Foodworks.
Ashish Kyal of Waves Strategy Advisors is of the view that one can buy Vedanta with a target of Rs 258 and Engineers India with a target of Rs 326.
Ashish Kyal of Waves Strategy Advisors advises buying MMTC with a target of Rs 60.
Ashwani Gujral of ashwanigujral.com recommends selling Shriram Transport Finance, Sun Pharma and Cadila Healthcare.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Lupin, Bharat Forge, Tata Chemicals, Shriram Transport Finance and Ceat.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC and Bharat Electronics and sell HPCL.
Sameet Chavan of Angel Broking is of the view that one may buy Titan Company with a target of Rs 332.
After demonetisation, lot of borrowers, especially smaller ones, have been finding it difficult to pay their dues or instalments on time. Hence, in a relief to them, the Reserve Bank of India on Monday relaxed norms, saying it has been decided to provide an additional 60 days to lenders to convert standards assets into substandard assets.
Markets have been on a weak footing lately but SP Tulsian of sptulsian.com raises hope that despite the headwinds indices might recover. "I am not saying that things are not looking bad but I think the market seems to have bottomed out," he tells CNBC-TV18 in an interview.
Indiabulls Housing, Shriram Transport, Oberoi Realty, Reliance Capital and Reliance Communications are major losers among BSE Midcap indices. Stocks those are in green among BSE Smallcap indices are VA Tech Wabag, Swan Energy, Ujaas Energy, Orbit Exports and Accelya Kale.
Ashwani Gujral of ashwanigujral.com recommends buying Shriram Transport Finance Corporation and Yes Bank and sell Crompton Greaves.
Gaurav Ratnaparkhi of Sharekhan advises buying CESC with a target of Rs 655.
Kunal Saraogi of Equityrush advises buying UPL with a target of Rs 725.
Mitesh Thacker of miteshthacker.com recommends buying Yes Bank 1260 Put options and advises selling Shriram Transport Finance on an intraday pullback.