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
Kunal Saraogi of Equityrush is of the view that one can buy PFC with target of Rs 130 and Ceat with target of Rs 1200.
Rajat Bose of rajatkbose.com is of the view that one can sell Larsen & Toubro and Voltas and advises buying Oil India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Forge, Engineers India and Bharti Infratel.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares why he maintains a positive view on natural resources companies. He also talks about his outlook on banking and metals sectors.
Ashwani Gujral of ashwanigujral.com recommends buying Hindalco Industries and sell Voltas and Wipro.
Nomura maintains buy call with target unchanged at Rs 900 per share as volumes could improve further and margin may improve in second half.
According to Jay Thakkar of Sharekhan, one may sell ONGC with a target of Rs 258.10.
Sandeep Wagle of powermywealth.com advises exiting Voltas at around Rs 350-370.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy LIC Housing Finance, Voltas and Ceat.
Ruchit Jain of Angel Broking advises sslling Mcleod Russel with a target of Rs 156.
Gaurav Ratnaparkhi of Sharekhan advises buying CESC with a target of Rs 655.
Jay Thakkar of Sharekhan is of the view that one may buy HCC with a target of Rs 40.5.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy KPIT Technologies and Voltas and sell Bata India.
Here are stocks that brokerage firms recommend for long term. Nomura maintains buy on Maruti with increased target price to Rs 6630 from Rs 5581 per share as its premiumisation strategy is paying off with rich dividends.
In a sudden move, Tata Sons board replaced Mistry by Ratan Tata to run the USD 100 billion salt-to-software conglomerate.
Sudarshan Sukhani of s2analytics.com recommends buying Voltas and Indraprastha Gas and advises selling Mahindra & Mahindra.
Sandeep Wagle of powermywealth.com is of the view that one can buy Hindustan Zinc and Voltas.
According to Hemant Thukral of Aditya Birla Money, one can go long in Dewan Housing Finance Corporation and Voltas.
Vijay Chopra of Enoch Ventures is of the view that one may buy HCC with a target of Rs 37.50.
Ashwani Gujral of ashwanigujral.com feels that Voltas may test Rs 500.
Vishal Malkan of malkansview.com recommends selling Voltas with a target of Rs 375 and Jet Airways with a target of Rs 460.
According to Sandeep Wagle of powermywealth.com, one can buy Vedanta, Canara Bank and Voltas.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy NMDC and Voltas.
Rakesh Bansal of RK Global is of the view that one may buy Apollo Tyres with a target of Rs 248.
Ashwani Gujral of ashwanigujral.com suggests buying Ceat, Voltas, Century Textiles, TVS Motor and Bharat Financial Inclusion.