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
Sudarshan Sukhani of s2analytics.com is of the view that Tata Steel may head lower.
Prakash Gaba of prakashgaba.com recommends buying Castrol India and feels that HCL Tech may hit Rs 795 while Dr Reddy's Labs may test Rs 2900.
Manish Hathiramani of Deen Dayal Investments recommends buying Mahindra & Mahindra, Tata Steel and Hero Motocorp.
Sudarshan Sukhani of s2analytics.com recommends buying Tata Steel and Balrampur Chini.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma, Cairn India, Tata Steel, Bank of Baroda and Torrent Pharma.
Hemen Kapadia of KRChoksey Securities advises buying Ajanta Pharma with a target of Rs 1258.
Rakesh Bansal of RK Global recommends buying Hindustan Zinc with a target of Rs 184 and Tata Steel with a target of Rs 264.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Tata Steel, GAIL India and IRB Infra.
Aditya Agarwal of Way2Wealth Securities is of the view that one can short HDFC, TVS Motor and Tata Steel.
Sudarshan Sukhani of s2analytics.com recommends selling Tata Steel and Hindalco and feels that Aurobindo Pharma and Divis Lab may head lower.
Ajay Bodke of Prabhudas Lilladher is of the view that one may prefer JSPL, JSW Steel and Tata Steel.
Rajat Bose of rajatkbose.com is of the view that one can buy Vedanta and Hindalco Industries.
The government is expected to notify minimum import prices (MIP) on certain steel products. The government could levy USD 360 per tonne on semi-finished slabs and USD 450 per tonne on hot rolled steel products, say sources.
Rajat Bose of rajatkbose.com is of the view that one may sell Tata Steel.
Prakash Gaba of prakashgaba.com recommends shorting Adani Power and feels that Arvind may test Rs 280.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Asian Paints.
Rajat Bose of rajatkbose.com is of the view that Asian Paints may test Rs 908 and recommends selling Tata Steel.
Prakash Gaba of prakashgaba.com recommends shorting HPCL and feels that Tata Steel may hit Rs 240.
Rajat Bose of rajatkbose.com recommends selling Larsen & Toubro and Tata Steel.
Rajat Bose of rajatkbose.com advises buying Indraprastha Gas, LIC Housing Finance, BHEL and Tata Steel.
Simi Bhaumik of simibhaumik.com is of the view that one may go long in Tata Steel.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hero MotoCorp and Marico and advises selling metal stocks including Tata Steel.
Sudarshan Sukhani of s2analytics.com is of the view that Jet Airways may head lower while one can buy HPCL and BPCL once the decline ends.
Sudarshan Sukhani of s2analytics.com recommends selling metal stocks and PSU banking stocks.
Rajat Bose of rajatkbose.com recommends selling Tata Steel and Reliance Infra and feels that Jet Airways may test Rs 800.