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 Asian Paints, Pidilite Industries and Axis Bank and sell Jindal Steel & Power while he is upbeat on M&M and downbeat on Tata Motors.
Mitessh Thakkar of miteshthacker.com suggests buying Indian Bank, M&M, IRB Infra and PC Jeweller.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Syndicate Bank and Bharat Forge.
In an interview to CNBC-TV18’s Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his readings and outlook on the market and specific stocks.
Mitessh Thakkar of miteshthacker.com suggests selling Adani Enterprises, BEML and Syndicate Bank and advises buying UltraTech Cement and Alembic Pharmaceuticals.
After the public sector banks, private banks could also see some consolidation, believes SP Tulsian of sptulsian.com.
Sumeet Jain of Destimoney Securities advises buying Castrol India with a target of Rs 454.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Syndicate Bank and Asian Paints and buy NBCC.
Ashwani Gujral of ashwanigujral.com recommends buying Bharat Forge, Capital First and Syndicate Bank.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities is of the view that one can buy Mahindra and Mahindra, Dabur India and Zee Entertainment and sell Ajanta Pharma and Syndicate Bank.
Mitesh Thacker of miteshthacker.com recommends selling BEML, Motherson Sumi and Syndicate Bank.
SP Tulsian of sptulsian.com recommends PSU banks to brave investors. He expects asset quality of banks to improve going ahead. He also talks about auto stocks and the Tata controversy.
Jay Thakkar of Sharekhan is of the view that one may buy HCC with a target of Rs 40.5.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Syndicate Bank, Adani Ports and BPCL.
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 is of the view that one can sell PTC India, State Bank of India and Syndicate Bank.
Niraj Dalal, Independent Market Expert Founding Partner, 3A Capital Advisors is of the view that one may buy PSU banking stocks.
Ashwani Gujral of ashwanigujral.com advises buying OBC, Syndicate Bank and LIC Housing Finance.
According to Mitesh Thacker of miteshthacker.com, one may sell Jet Airways, Syndicate Bank and Reliance Power.
Sandeep Wagle of powermywealth.com advises selling Torrent Pharma, Tata Steel and Syndicate Bank.
Ashish Chaturmohta of Sanctum Wealth Management is of the view that one can go long in Torrent Pharma, HUL, Marico and Syndicate Bank.
Sandeep Wagle of powermywealth.com is of the view that one can buy Larsen & Toubro, SAIL and Syndicate Bank.
Mitesh Thacker of miteshthacker.com recommends selling Syndicate Bank and advises buying Reliance Communications and Page Industries.
Mitesh Thacker of miteshtahcker.com recommends buying Karnataka Bank and Syndicate Bank.