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
SP Tulsian of sptulsian.com, explains why he is bullish on Yes Bank. He also shares his views on several other stocks, including Torrent Power and Hatsun Agro.
Sandeep Wagle of powermywealth.com is of the view that one can buy Torrent Power and GAIL India and advises selling Apollo Tyres.
Ashwani Gujral of ashwanigujral.com recommends buying Torrent Power, IIFL Holdings and Kajaria Ceramics.
VK Sharma, Head of Business, Private Client Group at HDFC Securities is of the view that one may buy Tata Communications 680 Call, sell 720 Call while one can buy Torrent Power 185 Call.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Power, Jet Airways and Torrent Power.
Sandeep Wagle of powermywealth.com is of the view that one may sell ITC and buy Infosys.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, said he is positive on the fertiliser space, and bets on stocks like Gujarat State Fertilizers & Chemicals (GSFC), Tata Chemicals, Coromandel.
Mitesh Thacker of miteshthacker.com recommends buying EID Parry, Torrent Power, PC Jeweller and Mukta Arts.
Jay Thakkar of Sharekhan is of the view that one may buy BEML with a target of Rs 1001.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities is of the view that one can buy TVS Motor, Torrent Power and NMDC.
Vijay Chopra of enochventures.com is of the view that one may buy Aban Offshore with a target of Rs 270.
Market expert SP Tulsian of SPTulsian.com told CNBC-TV18 that he is positive on Maruti Suzuki and from a valuation perspective it becomes a very good buy at sub-Rs 5,000 levels. He expects the carmaker‘s sales to be not as impressive as November‘s.
SP Tulsian bets on Maruti, says if the stock price falls to around Rs 5,000 then it is a buy and if it comes to a level of about Rs 5,300 then there is no harm in booking profits.
Mitesh Thacker of miteshthacker.com recommends selling JSW Steel, Coal India, Torrent Power and Bharti Airtel.
Mitesh Thacker of miteshthacker.com recommends buying Strides Shasun and Torrent Power.
Rakesh Bansal of RK Global is of the view that one may buy Apollo Tyre with a target of Rs 248.
VK Sharma of HDFC Securities is of the view that one may buy Tata Communications 530 Call.
Mitesh Thacker of miteshthacker.com recommends selling Larsen & Toubro and advises buying Indiabulls Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying Bank of Baroda, Karnataka Bank and Torrent Power.
HCL Technologies posted good Q1 (FY17) numbers. SP Tulsian of sptulsian.com said that although positive bias can be seen building up for guidance, one shouldn't take a call on a company on its quarterly performance. From technology pack, he prefers Infosys followed by HCL Technologies.
Krish Subramanyam of Altamount Capital advises buying Alembic with a target of Rs 40.
Holi being India's spring festival and as hopes springs eternal, CNBC-TV18 caught with three marketwallahs – Ambareesh Baliga, SP Tulsian and Prakash Diwan and asked them to pick stocks on occasion of Holi from a one-year perspective.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Torrent Power with a long term view.
Rahul Mohindar of viratechindia.com recommends buying Motherson Sumi Systems and Torrent Power and advises selling Reliance Power.
Rakesh Bansal of RK Global is of the view that one can buy Asian Paints with a target of Rs 932 and advises selling Container Corporation with a target of Rs 1110.