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
VK Sharma of HDFC Securities advises buying Steel Authority of India (SAIL) 62.5 Call at Rs 1.5.
Prakash Gaba of prakashgaba.com likes Ajanta Pharma and Jet Airways and feels that Tata Steel may test Rs 480.
Ashwani Gujral of ashwanigujral.com recommends buying Maruti Suzuki, Tata Steel and Vijaya Bank.
According to Rahul Shah, Associate VP, Equity Advisory Group at Motilal Oswal, one can buy ICICI Bank and UltraTech Cement and sell Tata Steel.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Electronics and Dewan Housing Finance and sell Tata Steel.
Manoj Murlidharan, VP-Derivatives at Religare Securities recommends buying Lupin, Tata Steel and Berger Paints.
Ashwani Gujral of ashwanigujral.com recommends buying Ceat, Tata Steel and Indraprastha Gas.
According to Sudarshan Sukhani of s2analytics.com, one can buy ICICI Bank on strength while Hindalco Industries, Tata Steel and Vedanta to become weaker.
Ashwani Gujral of ashwanigujral.com suggests buying Jain Irrigation, Container Corporation of India and Suven Life Sciences.
Sudarshan Sukhani of s2analytics.com suggests selling Bharat Financial, Tata Steel and Ashok Leyland and advises buying Castrol India and Apollo Tyres.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tata Steel, Bharat Financial and Arvind and buy EIH and Kesoram Industries.
Mitessh Thakkar of miteshthacker.com expects 5-6 percent downside in metal stocks and advises buying Cairn India and sell Mahindra & Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Capital First on dips while M&M Financial Services may head to Rs 400.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Steel, Escorts and REC while he feels that HDFC may test Rs 1700 and IOC may hit Rs 475.
Prakash Diwan of Altamount Capital Management is of the view that Hindustan Zinc is a great buy at lower levels.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Petroleum Corporation and sell Bharat Electronics and Tata Steel.
Ashwani Gujral of ashwanigujral.com suggests buying PVR and Indiabulls Real Estate and advises selling Infosys.
Sandeep Wagle of powermywealth.com is of the view that one can buy Petronet LNG and sell Tata Steel.
Gaurav Bissa of LKP Securities is of the view that one can buy Engineers India and Jubilant Foodworks and sell Tata Steel.
United Spirits, Power firms, oil and gas, among others are on analysts' radar today.
VK Sharma of HDFC Securities is of the view that one can buy IDFC 57.50 Call and Tata Elxsi 1600 Call.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Hindalco Industries over Tata Steel.
Prakash Gaba of prakashgaba.com advises holding Tata Steel.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tata Steel and Tech Mahindra and buy Petronet LNG.