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 recommends buying Tata Steel and Jet Airways.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hexaware Technologies and Godrej Consumer Products and sell Engineers India and Tata Steel.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
According to Ashwani Gujral of ashwanigujral.com, one can buy Hindalco Industries, Vedanta, Tata Steel and DLF on dips while he feels that Infosys may head to Rs 1060.
Ashwani Gujral of ashwanigujral.com recommends buying Sun TV Network, Bank of India, Dewan Housing Finance, BEML and Bajaj Electricals.
CLSA says Power Grid's best is yet to come in terms of capitalisation and estimates 50 percent rise in regulated equity over FY16-19. The brokerage house has reiterated buy call on the stock, with increased target at Rs 238 from Rs 225 as it feels valuations are inexpensive despite a 39 percent rally in one year.
Prakash Gaba of prakashgaba.com is of the view that Tech Mahindra can climb to Rs 490 while Tata Steel may slide to Rs 445.
Ashwani Gujral of ashwanigujral.com suggests buying Granules India, Tata Communications, Tata Global Beverage, Engineers India and Coromandel International.
Ashwani Gujral of ashwanigujral.com suggests buying Tata Steel and Hindalco Industries on dips.
With reiterating outperform rating on Hindalco, with a target price of Rs 250, Macquarie says commodity price support will provide fresh legs for rerating and favourable mix will drive margins.
Prakash Gaba of prakashgaba.com is of the view that Ashok Leyland can climb to Rs 98 while Tata Steel may test Rs 490.
Ashwani Gujral of ashwanigujral.com suggests selling Tata Steel and advises buying Arvind and Tata Communications while he feels that United Spirits may test Rs 3000.
Sudarshan Sukhani of s2analytics.com is of the view that NTPC, Tata Steel and Power Grid are excellent buying opportunities.
Sandeep Wagle of powermywealth.com suggests buying HDIL, Tata Steel and Havells India.
Sandeep Wagle of powermywealth.com suggests buying Tata Steel and Havells India.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, NBCC and PC Jeweller.
Neeraj Deewan of Quantum Securities is of the view that one may see upside in metal stocks.
Ashwani Gujral of ashwanigujral.com suggests buying JSW Steel, Tata Steel, Hindalco Industries and Vedanta on declines.
In an interview to CNBC-TV18‘s Latha Venkatesh, Anuj Singhal and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com is of the view that Axis Bank is likely to underperform in the private bank rally.
Sudarshan Sukhani of s2analytics.com is of the view that IndusInd Bank is an attractive buying opportunity.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Steel, Adani Ports and Yes Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell HDFC and buy Tata Motors and Tata Steel.
Ashwani Gujral of ashwanigujral.com suggests buying Tata Motors, Shriram Transport and Tata Steel.
Ashwani Gujral of ashwanigujral.com is of the view that banks will continue to underperform while metals will continue to rise.