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
Rajesh Agarwal of Aum Capital is of the view that one may accumulate Tata Steel.
According to Prakash Gaba of prakashgaba.com, short term trader may exit Tata Steel.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindalco Industries, JSW Energy and BEML and hold Jaiprakash Associates.
In an interview to CNBC-TV18, Sanjiv Bhasin of IIFL shared his reading and outlook on the market.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Engineers India, Aditya Birla Nuvo and Reliance Capital.
Rajesh Agarwal of Aum Capital is of the view that one may buy Tata Steel and State Bank of India.
Prakash Gaba of prakashgaba.com is of the view that one may prefer Tata Steel and SBI with a long term view.
Ashwani Gujral of ashwanigujral.com recommends buying Kotak Mahindra Bank, Tata Steel and Tata Motors.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his readings and outlook on specific stocks and sectors.
Tata Steel is learnt to have received bids for its Port Talbot plant, but has not announced the list of potential suitors. JP Morgan analysts feel the probability of Tata Steel not selling the plant in return for concessions from the UK government are low.
Prakash Gaba of prakashgaba.com recommends going long in SpiceJet and Hindustan Zinc and feels that Reliance Industries may test Rs 1020.
Ashwani Gujral of ashwanigujral.com recommends buying Dewan Housing Finance Corporation, Housing Development Finance Corporation and Tata Steel.
Rajat Bose of rajatkbose.com is of the view that one can buy ITC and sell Tata Steel.
Prakash Gaba of prakashgaba.com likes Mcleod Russel and feels that YES Bank may hit Rs 1083 while Tata Steel may test Rs 316.
Vijay Chopra of enochventures.com is of the view that one may hold Tata Steel with a long term view.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma and JSW Steel and advises selling Tata Motors.
Ashwani Gujral of ashwanigujral.com prefers Dr Reddy's Laboratories over Tata Power and feels that one can buy metal stocks on correction.
Prakash Gaba of prakashgaba.com recommends shorting State Bank of India and feels that Tata Steel may test Rs 327.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Infra, Colgate Palmolive, ICICI Bank and Tata Steel.
Rahul Shah of Motilal Oswal is of the view that one may buy Tata Steel 340 Call.
VK Sharma of HDFC Securities recommends buying Tata Steel 350 Call.
Credit Suisse said that domestic flat steel prices were surprisingly steady and the government was likely to continue with protectionism since the USD 50-60/tonne rise in steel prices was not enough to bail out troubled Indian steel makers
Prakash Gaba of prakashgaba.com is of the veiw that Hero MotoCorp may test Rs 3190 while Hindustan Unilever may hit Rs 890 and LIC Housing Rs 483.
Gaurav Bissa of LKP Securities is of the view that one may buy Tata Steel with a target of Rs 355.
Ashwani Gujral of ashwanigujral.com recommends buying JSW Steel, UPL, Aurobindo Pharma and advises selling Jain Irrigation Systems.