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
Sandeep Wagle of powermywealth.com advises selling Torrent Pharma, Tata Steel and Syndicate Bank.
Mitesh Thacker of miteshthacker.com is of the view that one can sell HDIL and Tata Steel and buy Dish TV.
Chandan Taparia of Anand Rathi Securities is of the view that one can buy 370 Put options of Tata Steel and feels that the stock can decline by 4-5 percent.
Ashwani Gujral of ashwanigujral.com recommends buying HPCL, Zee Entertainment and sell Tata Steel.
Sandeep Wagle of powermywealth.com recommends selling Voltas and Tata Steel and advises buying Gitanjali Gems.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Jefferies advises buying Coal India with a target price of Rs 330 per share after quarterly earnings.
According to AK Prabhakar of IDBI Capital, one may exit Tata Steel.
According to Ashwani Gujral of ashwanigujral.com, one can sell Tata Steel, Bharat Financial Inclusion and Mindtree.
Sandeep Wagle of powermywealth.com is of the view that one can buy Glenmark Pharma, IRB Infra and Tata Steel.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bharat Petroleum Corporation and Tata Steel and sell Infosys.
Ashwani Gujral of ashwanigujral.com is of the veiw that one can buy Kesoram Industries, Union Bank of India and Tata Steel.
Prakash Gaba of prakashgaba.com likes Amara Raja Batteries with target of Rs 915 while Tata Steel looks weak.
According to Ashwani Gujral of ashwanigujral.com, one can sell Ajanta Pharma and Tata Steel and buy PVR.
Sudip Bandopadhyay, Market Expert recommends buying Hindalco Industries at current level with one year plus time horizon in mind.
According to Ashwani Gujral of ashwanigujral.com, one can buy India Cements, Tata Chemicals and Tata Steel.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Finance, Punjab National Bank and Indraprastha Gas while he feels that Biocon may hit Rs 970.
Hemant Thukral of Aditya Birla Money is of the view that M&M Financial Services may test Rs 345 in 3-4 trading sessions.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Delta Corp, Tata Steel and Berger Paints.
Chandan Taparia of Anand Rathi Sec advises selling Godrej Consumer Products and advises buying TVS Motor.
Mitesh Thacker of miteshthacker.com is of the view that one may buy Oil India and Tata Steel.
The Director General of Anti-Dumping (DGAD) has recommended anti-dumping duty on imports of HRC products from China, Japan, Korea, Russia, Brazil and Indonesia. HR forms 50 percent of steel imports and the six countries form 98 percent of HR exports to India.
Mitesh Thacker of miteshthacker.com is of the view that one may buy Tata Steel and advises selling Infosys.
Mitesh Thacker of miteshthacker.com feels that Tata Steel may touch Rs 400.
Mitesh Thacker of miteshthacker.com is of the view that one can buy DLF and Tata Steel.