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
Mitesh Thacker of miteshthacker.com is of the view that one can sell Hindustan Petroleum Corporation and Strides Shasun and buy Tata Steel.
According to Sandeep Wagle of powermywealth.com, one can buy Tata Steel and Cadila Healthcare and sell Dish TV.
Chandan Taparia of Anand Rathi Securities recommends buying Tata Steel 370 Call and Rural Electrification Corporation 230 Call while he feels that Punjab National Bank and Bank of Baroda look weak.
Macquarie reiterates outperform rating with target of Rs 234 per share as it sees upside risk to FY17 earnings. It reported higher EBITDA due to deferred mining expense.
According to Ashwani Gujral of ashwanigujral.com, one can buy Dr Reddy's Laboratories and Max Financial and sell Tata Steel.
CLSA has a sell rating on Tata Steel with a target of Rs 235 per share. It remains negative given weak steel price environment.
Manish Hathiramani of Deen Dayal Investments recommends buying Tata Steel, Kotak Mahindra Bank and ICICI Bank.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his readings and outlook on specific stocks and sector.
Jay Thakkar of Sharekhan is of the view that one may buy Sundram Fasteners with a target of Rs 202.
In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks for the day and shared his views on the IT raid at Indiabulls Housing.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts, Biocon and Marico.
Sandeep Wagle of powermywealth.com is of the veiw that one can buy Tata Steel, Bharat Heavy Electricals and Bata India.
Ashwani Gujral of ashwanigujral.com recommends buying DLF, NCC, Engineers India, Indraprastha Gas and Tata Steel.
Jay Thakkar of Sharekhan is of the view that one may buy Balrampur Chini Mills with a target of Rs 137.
In an interview to CNBC-TV18, SP Tulsian shares his views on metal stocks and Quess Corp's stellar IPO listing.
According to Prakash Gaba, Technical Analyst at prakashgaba.com, one may stay invested in Tata Steel.
Sandeep Wagle of powermywealth.com recommends buying Motherson Sumi Systems, NCC and Tata Steel.
Rajat Bose of rajatkbose.com is of the view that Punjab National Bank and Tata Steel look positive while he feels that Bharat Forge may test Rs 757.
Ashwani Gujral of ashwanigujral.com is of the view that Hindalco Industries may test Rs 145 while JSW Steel may head to Rs 1800.
In an interview to CNBC-TV18, Ambareesh Baliga, Independent Market Expert shared his readings and outlook on specific stocks and sectors.
Ambareesh Baliga, Independent Market Expert is of the view that one can exit Tata Steel.
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.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks and told why he is bullish on pharma stocks for the month of July.