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 advises buying Brigade Enterprises, Bharat Financial Inclusion and SRF.
According to Ashwani Gujral of ashwanigujral.com, one may buy SRF, Reliance Infrastructure and Magma Fincorp.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts and Bajaj Finserv and sell SRF.
Ashish Kyal of Waves Strategy Advisors advises buying Pricol with a target of Rs 132.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punj Lloyd, SRF, CESC, Petronet LNG, Power Finance Corporation, Oriental Bank of Commerce, Bank of India and HDFC Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Prism Cement, Indiabulls Housing Finance and SRF.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Chandan Taparia of Anand Rathi Sec advises selling Godrej Consumer Products and advises buying TVS Motor.
Sandeep Wagle of powermywealth.com advises Bajaj Auto, SRF and Ceat.
According to Sandeep Wagle of powermywealth.com, one may buy SRF, Reliance Capital and Arvind.
Yogesh Mehta of Motilal Oswal is of the view that Dish TV may test Rs 107 while Bata India may hit Rs 630.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18 shares his views on refrigerants companies, transformer makers and media reports on mergers in the PSU oil space.
Ruchit Jain of Angel Broking advises buying Havells India with a target of Rs 382.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sun Pharmaceutical Advanced Research Company, JSW Steel and SRF.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ajanta Pharma, Godrej Industries and UltraTech Cement.
Ashwani Gujral of ashwanigujral.com recommends buying NBCC, SRF and Asian Piants and advises selling Indiabulls Housing Finance.
Navneet Daga of IIFL recommends buying SRF while one can do a bull call spread in Hindalco Industries.
Ashwani Gujral of ashwanigujral.com recommends buying SRF and sell Bharti Infratel and Mindtree.
Krish Subramanyam of Altamount Capital advises buying Federal Bank with a target of Rs 59.5.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy SRF and Reliance Industries and advises selling DHFL.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today.
Jay Thakkar of Sharekhan is of the view that one may buy Corporation Bank with a target of Rs 37.15.
Rakesh Bansal of RK Global is of the view that one may buy HDIL with a target of Rs 108.
Rakesh Bansal of RK Global is of the view that one may sell Apollo Tyres with a target of Rs 144.
SP Tulsian, sptulsian.com, shares his views on Glenmark, PSU bank stocks and why he is bearish on NBFC stocks.