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
Amit Gupta of ICICIdirect recommends buying LIC Housing Finance on declines aand Union Bank of India 130 Call.
Sudarshan Sukhani of s2analytics.com recommends buying Britannia Industries and Voltas.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Hexaware Technologies and Arvind and buy UPL.
Mitesh Thacker of miteshthacker.com recommends buying Union Bank of India and advises selling Karnataka Bank.
Deutsche Bank raises FY17/FY18 forecast on Hindalco by 2 percent/7 percent. It raises target price by 14 percent to Rs 156 per share, reiterating buy call. Novelis reports strong Q1 earnings.
Mitesh Thacker of miteshthacker.com advises buying Union Bank of India and Allahabad Bank.
Ruchit Jain of Angel Broking is of the view that one may buy Union Bank of India with a target of Rs 140.
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.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Snowman Logistics, Union Bank and Manpasand Beverages.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Pidilite Industries and Oriental Bank of Commerce and sell Union Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying Oriental Bank of Commerce, Bank of Baroda and Union Bank of India.
Rakesh Bansal of RK Global is of the view that onemay buy Crompton Greaves Consumer Electrical with a target of Rs 157.
Sameet Chavan of Angel Broking advises buying Bajaj Auto with a target of Rs 2850.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Gujarat Pipavav and sell NTPC and Tata Motors.
Ruchit Jain of Angel Broking is of the view that one may buy Rural Electrification Corporation with a target of Rs 174.
SP Tulsian of sptulsian.com recommends booking profits in Dena Bank and Central Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy YES Bank, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank on dips.
Ashwani Gujral of ashwanigujral.com recommends buying Union Bank, Uflex and HDFC and adises selling Asian Paints.
Ashwani Gujral of ashwanigujral.com advises buying Oriental Bank of Commerce, Union Bank of India and Hero Motocorp.
Sameet Chavan of Angel Broking advises buying Canara Bank with a target of Rs 208.
Sameet Chavan of Angel Broking advises buying Apollo Hospital with a target of Rs 1420.
CA Rudramurthy is of the view that one may buy Balrampur Chini Mills with a target of Rs 119.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18, gave his views on various stocks.
Jay Thakkar of Sharekhan suggests buying Nalco with a target of Rs 45.10.