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 one can avoid Divis Laboratories, Idea Cellular and Sun TV Network and buy Bharat Forge and Bharat Financial Inclusion.
Mitessh Thakkar of miteshthacker.com suggests buying Indiabulls Housing Finance, Reliance Communications, Oriental Bank of Commerce and Andhra Bank.
Sudarshan Sukhani of s2analytics.com recommends buying ONGC, NTPC and Bharti Airtel.
Ashwani Gujral of ashwanigujral.com recommends buying Rashtriya Chemicals and Fertilisers, Can Fin Homes, NBCC, Bharat Financial Inclusion and Bajaj Finance.
SP Tulsian of sptulsian.com does not take positive call on companies like Oil India and ONGC. According to him, government will never take the move of reducing the cess on the crude as it is a big source of revenue for the government.
Ambareesh Baliga, Independent Market Expert is of the view that one can book profits in Idea Cellular.
Ashwani Gujral of ashwanigujral.com is of the view that one can go long in Bharat Financial Inclusion and feels that one can short short Bharti Infratel.
In an interview to CNBC-TV18, Rajen Shah, Chief Investment Advisor at Tradebulls Group shared his readings and outlook on specific stocks and sectors.
Credit Suisse has an underperform rating on Bharti Airtel and Idea Cellular. The brokerage firm says that the merged entity would become the largest telecom company in the country but anti-trust restrictions would require the merged entity to let go off some subscription and revenues.
IDFC maintains underperform rating on Idea but pricing pressure would continue for next 6-9 months. It says sharp upmove in stock leaves limited room for returns hereon.
SP Tulsian of sptulsian.com, discusses why he is negative on IT stocks. He also says why ICICI Bank is for the brave traders. He also advices on telecom stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Idea Cellular, LIC Housing Finance, Mercator and Reliance Industries.
Ashwani Gujral of ashwanigujral.com suggests buying Thirumalai Chemicals, Bajaj Finance and Idea Cellular.
Mitessh Thakkar of miteshthacker.com recommends selling Colgate Palmolive and Wipro and advises buying Idea Cellular and ICICI Bank.
Mitessh Thakkar of miteshthacker.com recommends buying Idea Cellular with a target of Rs 90.
Mitessh Thakkar of miteshthacker.com recommends buying JSPL, TVS Motor Company, Idea Cellular, Aditya Birla Fashion and Kolte-Patil Developers.
Prakash Gaba of prakashgaba.com suggests exiting Idea Cellular.
According to Gaurang Shah of Geojit BNP Paribas, one may buy Idea Cellular on dips.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy HPCL with a target of Rs 516.
Krish Subramanyam of Altamount Capital is of the view that one can buy Idea Celular 70 Call and sell 75 Call.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Communications and UPL and advises selling Ceat.
According to Sudarshan Sukhani of s2analytics.com, one can buy ACC, IndusInd Bank and Voltas and advises selling Idea Cellular and Glenmark Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying NALCO, Dalmia Bharat and Yes Bank and advises selling Idea Cellular and Infosys.
According to Mitessh Thakkar of miteshthacker.com, one can sell Idea Cellular and buy Tata Coffee.
Rajat Bose of rajatkbose.com is of the view that one may sell Idea Cellular while United Spirits may test Rs 2089.