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
Pankaj Jain of Sunteck Wealthmax advises to short Unitech, Jubilant Foodworks and go long on Jet Airways and Ipca Labs
Aashish Tater, head of research at fortunewizard.com recommended buying PTC India with a target price of Rs 56 and selling Sun TV Network with a target price of Rs 342.
SP Tulsian of sptulsian.com is positive on PSU banks and real estate stocks. He advises to go long on State Bank of India, Bank of India, Dena Bank, DLF and Indiabulls Real Estate.
Yogesh Mehta of Motilal Oswal has advised traders to avoid real estate stocks like Unitech, Indiabulls Real Estate and DLF.
Real estate is not the flavour of the day, so one can sell Unitech and buy Tata Global Beverages as the charts looks good, says Sudarshan Sukhani of s2analytics.com.
Rajesh Agarwal, Head of Research at Eastern Financiers advised exiting Unitech. “They have a debt of around Rs 5000 crore which would be very difficult to service,†he reasoned.
Sudarshan Sukhani of s2analytics.com advises to short HDIL and Unitech at current levels.
Kunal Bothra of LKP advises traders to avoid real estate stocks from a portfolio point of view.
Ashish Chaturmohta of Fortune Equity Brokers says one should avoid HDIL, Unitech or GMR Infra for creating any longs at this point of time.
Expressing his bearish views Pankaj Jain of Sunteck Wealthmax recommends to sell Dena Bank, Andhra Bank, Unitech Limited, India Cement.
Portfolio Manager, PN Vijay is bullish on L&T despite the stock falling heavily on Thursday. He is bullish on the real estate sector. Also, he suggests buying pharma stock Wockhardt, on dips.
Lancelot D Cunha of ITI Wealth Management advised buying Jet Airways with a target price of Rs 604 and selling LIC Housing Finance with a target price of Rs 257.
Rakesh Gandhi of FRR Share is bullish on KPIT Cummins Infosystems. He suggests buying the stock for an upward target of Rs 118 with a stop loss of Rs 104.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money feels the rally will continue in Unitech and it may retest Rs 32.50-33 on the upside.
Kunal Bothra of LKP feels that, Indiabulls Real Estate is looking good realty space. The stock is expected to rally towards Rs 92-93.
Aashish Tater of FortuneWizard.com is bullish on IOC, Unitech, Apollo Tyres and has recommended buy rating on the stocks. However, maintan sell rating on Jubilant Foodworks.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater of FortuneWizard.com shares his trading strategies for the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal of Swadeshi Credits shares his trading strategies for the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater of FortuneWizard.com shares his trading strategies for the day.
In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal, Swadeshi Credits shares his trading strategies for the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
According to Sudarshan Sukhani of s2analytics.com, real estate and auto sectors are selling opportunities.
SP Tulsian, sptulsian.com is of the view that Unitech can touch Rs 29 and HCL Technologies can go upto Rs 742.