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
Jay Thakkar of Sharekhan suggests buying Nalco with a target of Rs 45.10.
In a CNBC-TV18 interview, SP Tulsian of sptulsian.com shared his reading and outlook on market and specific stocks.
Sandeep Wagle of powermywealth.com is of the view that one may hold Tata Global Beverage.
Chandan Taparia of Anand Rathi Securities recommends buying KPIT Technologies, Granules India and DLF and advises selling Tata Global Beverage.
Manoj Murlidharan of Religare Securities is of the view that one can buy Tata Global Beverage, JSW Energy and CONCOR.
SP Tulsian of sptulsian.com is of the view that one may prefer Lupin and Wockhardt.
Jay Thakkar of Sharekhan suggests buying Wockhardt with a target of Rs 1009.
Rakesh Bansal of RK Global advises buying NCC with a target of Rs 82.
Jay Thakkar of Sharekhan advises buying Bata India with a target of Rs 532.
Ashwani Gujral of ashwanigujral.com recommends buying Ashok Leyland and Aurobindo Pharma.
Manas Jaiswal of manasjaiswal.com recommends buying Tata Global Beverage, Vedanta and Kaveri Seed Company.
Ashwani Gujral of ashwanigujral.com recommends buying Dredging Corporation India, Tata Global Beverage and Jubilant Foodworks.
Sharmila Joshi of sharmilajoshi.com is of the view that one may sell Bharat Forge with a target of Rs 1046.
Rajat Bose of rajatkbose.com recommends selling Cipla and Tata Global Beverage.
Sudarshan Sukhani of s2analytics.com recommends selling Tata Global Beverage and feels that BEL may head lower.
Krish Subramanyam of Altamount Capital advises buying Godrej Industries with a target of Rs 390.
Experts such as Porinju Veliyath, MD & Portfolio Manager, Equity Intelligence India, SP Tulsian of sptulsian.com, market expert Ambareesh Baliga and Prakash Diwan of prakashdiwan.in have already picked 16 midcap and smallcap multibaggers for calendar year 2016
Vishal Malkan of malkansview.com suggests buying Tata Steel with a target of Rs 275.
Sameet Chavan, Technical Analyst at Angel Broking feels that Hindalco Industries may test Rs 86.
Rakesh Bansal of VP, RK Global advises buying Tata Motors DVR with a target of Rs 311.
Vishal Malkan of malkansview.com advises selling CESC with a target of Rs 540.
Krish Subramanyam of Altamount Capital is of the view that one may buy Inox Leisure with a target of Rs 240.
Manav Chopra of Networth Stock Broking recommends buying Bank of India and United Breweries and advises selling Tata Global Beverage.
Jigar Shah, CEO at Kim Eng Sec India likes Tata Motors, Bajaj Auto, Bharat Forge, ITC, Tata Global Beverage, KPIT Technologies, Eros International and PVR.
Nooresh Merani, CEO at Analyse India is of the view that one may avoid Jain Irrigation Systems and feels that one may look at Bank of Baroda.