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
Sandeep Wagle of powermywealth.com recommends buying TVS Motor Company, Bajaj Finance and Steel Authority of India.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy DLF, Equitas Holdings, IDFC and Steel Authority of India and sell Hexaware Technologies.
Mitessh Thakkar of miteshthacker.com recommends buying HCC, Steel Authority of India and Maruti Suzuki.
Mitessh Thakkar of miteshthacker.com suggests buying Wockhardt and Steel Authority of India.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Mitessh Thakkar of miteshthacker.com recommends buying SAIL and Arvind and feels that Jubilant Foodworks may hit Rs 1090.
DLF, one of the country's largest realty developers, has entered into an exclusive pact with private equity firm GIC to sell a minority stake sale in its rental commercial property arm, DLF Cyber City.
Sudarshan Sukhani of s2analytics.com recommends buying Sundram Fasteners, Bharti Airtel and Steel Authority of India.
Rahul Shah of Motilal Oswal is of the view that one can buy Kaveri Seed Company, IndusInd Bank and Steel Authority of India.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, said he is positive on banks especially after seeing Bank Nifty levels at 18000. He also maintained a positive stance on natural resources stocks.
Morgan Stanley remains underweight on SAIL as valuation looks lofty at 12.3x f18e EV/EBITDA. It says recovery in domestic utilisation and improving global steel prices are positive. JSW Steel is its top pick in the sector.
Vijay Chopra of enochventures.com is of the view that one may buy IDBI Bank with a target of Rs 75.
According to Mitesh Thacker of miteshthacker.com, one can buy Steel Authority of India and CESC.
Shahina Mukadam, Independent Market Expert advises selling SAIL on bounce.
Rajat Bose of rajatkbose.com advises exiting SAIL.
Jefferies maintains underperform rating on Tata Steel, SAIL and JSW Steel as domestic steel demand was steady in November despite demonetisation.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Just Dial, MRF and SAIL and sell HPCL.
Bank of America Merrill Lynch maintains buy rating on Zee Entertainment with a target of Rs 625 per share thinking that it will have no impact on redemption of redeemable preference share.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Aditya Birla Nuvo.
Macquarie says Sun Pharma remains its preferred large-cap pharma pick, as it considers it best positioned to make the speciality transition which is essential for long-term growth.
According to Mitesh Thacker of miteshthacker.com, one can buy Dish TV, Cadila Healthcare, SAIL and Aditya Birla Fashion and sell Infosys.
Sameet Chavan of Angel Broking recommends buying Just Dial with a target of Rs 492 and sell Glenmark Pharma with a target of Rs 860.
Mitesh Thacker of miteshthacker.com recommends buying SAIL, Tata Power and Bajaj Corp.
According to Hemant Thukral of Aditya Birla Money, one can buy Engineers India and Steel Authority of India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Lupin and Steel Authority of India.