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
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Infra, Siemens and GE T&D.
Vijay Chopra of enochventures.com advises buying IFCI with a target of Rs 34.50.
Jay Thakkar of Anand Rathi Securities advises buying Indo Count Industries with a target of Rs 204.90.
According to Jay Thakkar of Anand Rathi Securities, one may buy Mcleod Russel with a target of Rs 188.50.
In an interview to CNBC-TV18, Yogesh Radke of Edelweiss Securities shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Krish Subramanyam of Altamount Capital is of the view that one can buy Siemens and do a Bull Call Spread in L&T Finance Holdings.
In an interview to CNBC-TV18’s Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Prakash Diwan, Market Expert at Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.
Sandeep Wagle of powermywealth.com suggests buying Indian Oil Corporation and Siemens and is bullish on L&T with a target of Rs 1950.
Since 14th March 2017, the midcap index has rallied by more than 7%, thereby outperforming Nifty index (up by more than 3%).
Yogesh Mehta of Motilal Oswal suggests buying Siemens, Hindalco Industries and Maruti Suzuki.
Siemens, Amara Raja, IRB Infrastructure developers are on its radar.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Glenmark Pharma and M&M and buy Siemens, Larsen & Toubro and Exide Industries.
Ashwani Gujral of ashwanigujral.com suggests buying Asian Paints, Voltas and REC.
Kunal Saraogi of Equityrush advises buying Apollo Tyres with a target of Rs 200.
Amit Gupta of ICICIdirect is of the view that one can buy L&T while Godrej Consumer may hit Rs 1750.
Mitessh Thakkar of miteshthacker.com suggests buying Ceat, Cipla, Siemens, Ajanta Pharma and Ipca Labs.
Sameet Chavan of Angel Broking is of the view that one may buy Bata India with a target of Rs 558.
Mitessh Thakkar of miteshthacker.com suggests buying Siemens and Titan Company.
Sudarshan Sukhani of s2analytics.com suggests buying Colgate Palmolive, TCS, Siemens and Bajaj Finance and advises selling Amara Raja Batteries.
Deutsche Bank says Bharti Airtel's deal with Millicom to combine operations in Ghana reflected continued progress on African restructuring. Hence, the brokerage house assigned buy rating on the stock, with a target price at Rs 400.
Amit Gupta of ICICIdirect recommends buying Apollo Tyres, Siemens and Federal Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts, Biocon, Vedanta, South Indian Bank and Natco Pharma.
Vijay Chopra of Enoch Ventures suggests buying Jet Airways with a target of Rs 400.