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
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finserv, Vedanta and Arvind.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Vedanta and sell Asian Paints.
Krish Subramanyam of Altamount Capital recommends selling Hindalco Industries and Vedanta.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Eicher Motors, Tech Mahindra, Interglobe Aviation, Vedanta, ICICI Prudential Life Insurance and Bata India and can sell IDFC and India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, Vedanta and Jindal Steel & Power.
Mitessh Thakkar of mitesshthakkar.com suggests selling Ambuja Cements and HCC.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy United Breweries and can sell Vedanta.
Kunal Saraogi of Equityrush advises selling Pidilite Industries with a target of Rs 845.
JSW Steel, L&T and ICICI Bank, among others, are on analysts’ radar on Thursday.
Sudarshan Sukhani of s2analytics.com recommends buying BHEL, Dabur India, Jet Airways, Wockhardt and IOC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland, Infosys and Vedanta and hold SBI while one can exit HPCL.
Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Reliance Industries, Vedanta and HDFC Bank and can sell Hindustan Petroleum Corporation.
With the Union Budget to be announced next week it is advisable to remain cautious and sticking to stock specific activity should be adhered to in the short term.
Rajat Bose of rajatkbose.com recommends buying Vedanta, Steel Authority of India and Nahar Poly Films.
Yogesh Mehta of Motilal Oswal recommends buying Bharat Forge, Vedanta and Hexaware Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Maruti Suzuki, PVR, Havells India and Indraprastha Gas.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cipla, DLF, Sun TV Network and ITC and exit Apex Frozen Foods.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland, NMDC and JSW Steel.
Ashwani Gujral of ashwanigujral.com recommends buying KRBL and Dewan Housing Finance and advises selling India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying Jaiprakash Associates, Vedanta and United Breweries.
Gaurang Shah of Geojit Financial Services positive on metal space.
Sudarshan Sukhani of s2analytics.com suggests buying Dabur India, Vedanta and Torrent Pharma.
Ashwani Gujral of ashwanigujral.com recommends buying Delta Corp with a stop loss of Rs 312, target of Rs 328 and GSFC with a stop loss of Rs 154, target of Rs 168.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell JP Associates and Hexaware Technologies and can buy ONGC.
Mayuresh Joshi of Angel Broking is of the view that one may pick Hindalco Industries and Vedanta.