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
Overall benchmark indices have been in a tight range and that rangebound or consolidation is expected to continue in short term, experts suggest.
Gaurav Ratnaparkhi of Sharekhan advises selling Oriental Bank of Commerce Future with a target of Rs 120.50.
Rajen Shah of Tradebulls Group feels that Tata Global Beverage may test Rs 450.
Jay Thakkar of Anand Rathi Securities advises buying Kajaria Ceramics with a and target of Rs 706.
Sudarshan Sukhani of s2analytics.com suggests buying Adani Power, Bajaj Electricals and Texmaco Rail.
According to Sudarshan Sukhani of s2analytics.com, one can buy Lupin and Texmaco Rail and feels that one can buy ONGC and Maruti Suzuki on dips.
Rajat Bose of rajatkbose.com recommends buying HCL Tech, Biocon, Exide Industries, Hindalco Industries and Texmaco Rail and Engineering.
Rajat Bose of rajatkbose.com is of the view that one can sell Indian Bank and Dena Bank and buy Persistent Systems.
Krish Subramanyam of Altamount Capital advises buying Godrej Industries with a target of Rs 390.
Vineet Bhatnagar, MD at PhillipCapital is of the view that one may look at Mahindra CIE Automotive.
Vishal Malkan of www.malkansview.com advises buying TVS Motor with a target of Rs 295.
Shahina Mukadam, Independent Market Expert advises buying Dabur India with a target of Rs 274.
Aashish Tater of fortunewizard.com is of the view that one may expect Texmaco Rail and Engineering hit Rs 165 till Budget.
Kunal Bothra of LKP Securities recommends buying Texmaco Rail and Engineering for a target of Rs 135.
Parag Thakkar of HDFC Securities has a bullish view on road, railway, defence and renewable energy space.
According to Sudarshan Sukhani of s2analytics.com, one may see upside in Texmaco Rail and Engineering and Texmaco Infrastructure & Holdings.
Neeraj Deewan of Quantum Securities is of the view that one may prefer BEL and Texmaco Rail.
Parag Thakkar of HDFC Securities is of the view that one may look at KNR Construction.
According to Neeraj Deewan of Quantum Securities, one may prefer capital goods stocks.
Here are top 10 stocks to focus on February 26 - ICICI Bank, TVS Motors, Concor, Titagarh Wagons, Texmaco, L&T, Bharti Infratel, Tata Power, Reliance Infrastruture and Sesa Sterlite. CNBC-TV18‘s research team is also tracking Greenply, Kesoram Industries, Tata Motors and M&M.
Aashish Tater of Fortunewizard.com is bullish on Texmaco Rail, Kalindee Rail and Texmaco Infrastructure and Holdings and expects upside in the stocks.
Parag Thakkar of HDFC Securities is of the view that one may buy Texmaco Rail on dips.
Neeraj Deewan of Quantum Securities is of the view that one may look at Texmaco Rail.
Vishal Malkan, CMT at malkansview.com is of the view that one may hold Titagarh Wagons.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer railways and defence space.