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 is of the view that one can buy TVS Motor and sell Ambuja Cements and ICICI Bank.
Mitesh Thackerof miteshthacker.com is of the view that one can buy Tata Communications and sell Tata Consultancy Services.
Ashwani Gujral of ashwanigujral.com recommends buying Cipla and Reliance Capital and advises selling Tata Consultancy Services.
According to Mitesh Thacker of miteshthacker.com, one can buy Tata Consultancy Services and short Larsen & Toubro and Siemens.
Sudarshan Sukhani of s2analytics.com recommends buying Zee Entertainment and Tata Consultancy Services.
Amit Harchekar of A PLUS Analytics is of the view that one may buy Yes Bank and Mahindra & Mahindra Financial Services.
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.
Sanjiv Bhasin of IIFL has a bullish stance on NBCC, Engineers India, and Suprajit Engineering.
Earnings estimates have come off for the sector, particularly after the recent spate of poor results and guidance cuts, however P/E multiples have derated too, and the sector's P/E premium is now at five-year lows, says Credit Suisse
Shahina Mukadam, Independent Market Expert is of the view that one may avoid IT stocks.
Manish Sharma of derivativetradingresearch.com advises selling TCS with a target of Rs 2370.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer Tata Consultancy Services over Wipro.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tech Mahindra and Mindtree.
Sudarshan Sukhani of s2analytics.com is of the view that one can go long in Reliance Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Lupin, HDFC Bank and Bharti Airtel.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Mahindra & Mahindra Financial Services and Tech Mahindra and buy Tata Motors.
Credit Suisse says GST is a major negative for alcohol companies as they are kept out of GST and earnings could get hit by 15-20 percent in FY18. It says input cost inflation could hit margin by 150-200 basis points. Input taxes on raw materials may become stranded with no offsets.
Prakash Diwan of prakashdiwan.in is of the view that one can buy Infosys and Tata Consultancy Services.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Consultancy Services, Infosys, GMDC, Vardhman Textiles and Exide Industries.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his readings and outlook on specific stocks and sector.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Tata Consultancy Services.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Consultancy Services, Bata India, Essel Propack and JSW Steel.
Rajat Bose of rajatkbose.com recommends buying Tata Consultancy Services for targets of Rs 2502 and Rs 2520.
Ashwani Gujral of ashwanigujral.com is of the view that one can short Bharti Infratel, TCS, Tata Steel, SBI and ICICI Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Rashtriya Chemicals and Fertilisers and Lupin and advises selling Tata Consultancy Services, Just Dial and Tata Steel.