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
In an interview to CNBC-TV18's Sonia Shenoy, Surabhi Upadhyay and Reema Tendulkar, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
According to Mitessh Thakkar of mitesshthakkar.com, one can sell Bajaj Finserv, BPCL and IndusInd Bank and buy Mindtree and Voltas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hexaware Technologies and Lupin and sell Voltas.
Amit Gupta, Head- Derivatives at ICICIdirect is of the view that one can buy Asian Paints 1160 Call and Voltas 430 Call while Arvind may hit Rs 455.
Pankaj Jain of SW Capital advises buying Bank of Baroda with a target of Rs 205.
Mitessh Thakkar of miteshthacker.com suggests buying Axis Bank and Voltas.
Sudarshan Sukhani of s2analytics.com suggests buying PSU banks on dips and feels that ICICI Bank may head to Rs 350 while one can also buy Britannia Industries.
Chandan Taparia of Motilal Oswal Securities suggests buying Hindustan Unilever, Pidilite Industries and Voltas.
Comeback of last two sessions has provided some relief, but going ahead multiple supply points are seen between 9160-9220.
AB Fashion, Voltas and Welspun India are among a few stocks that investors are focusing on Monday.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy GAIL India, HDFC, Voltas and Reliance Industries and sell Bharti Airtel.
Prakash Gaba of prakashgaba.com likes ACC and Dabur India and recommends selling Infibeam on all rallies.
From Cipla to Yes Bank and Power Grid, a look at what brokerages are talking about these stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Prestige Estates, Thomas Cook and Ramco System.
Ashwani Gujral of ashwanigujral.com is of the view that Rane Brake may move to Rs 1400 while VIP Industries can head to Rs 210 and recommends buying Escorts.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland while Voltas and Whirlpool may rally 20-30 percent and Astral Poly may hit Rs 750.
Sudarshan Sukhani of s2analytics.com recommends buying Voltas, Whirlpool and Bata India..
Voltas, Navneet Education and Kotak Mahindra Bank are on the watch list of analysts. Meanwhile, insurance, pharma and autos are also in focus.
Sandeep Wagle of powermywealth.com suggests buying Canara Bank and Voltas.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Zee Entertainment, Bank of Baroda and Voltas.
Ashwani Gujral of ashwanigujral.com suggests buying Asian Paints, Voltas and REC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy SBI, Voltas, Indiabulls Housing Finance and Hindustan Unilever and sell United Spirits and United Breweries Holdings.
The market which went up in quick succession in the first three months of 2017 did not give any opportunity to many long-term investors and any correction towards 9,000 or maybe even 8,800 where there is a strong base is a good buying opportunity.
According to Sudarshan Sukhani of s2analytics.com, one can sell Hindustan Petroleum Corporation, BHEL and Voltas and buy Dabur India.
Rajat Bose of rajatkbose.com recommends buying CESC, Voltas and Biocon.