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 may buy Voltas and Sun Tv Network.
Here are brokerage firms' views on 16 stocks. Bank of America Merrill Lynch has initiated buy rating with target at Rs 1450 percent indicating 23 percent potential upside. It says Kesh King-led drag behind; upside risk from the global business. The stock is re-rated over time and robust growth to provide support.
Sandeep Wagle of powermywealth.com is of the view that one can sell State Bank of India and Voltas and buy Hindalco Industries.
Sameet Chavan of Angel Broking is of the view that one may buy BEML with a target of Rs 972.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Voltas, Karnataka Bank and JSW Steel.
Sandeep Wagle of powermywealth.com recommends selling Voltas and Tata Steel and advises buying Gitanjali Gems.
Amit Gupta of ICICIdirect is of the view that the immediate target for Voltas is Rs 430.
Ashwani Gujral of ashwanigujral.com recommends buying ata Chemicals, Indraprastha Gas and Voltas.
Amit Gupta, Head-Derivatives at ICICIdirect recommends buying Voltas with a target of Rs 450.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy BF Utilities, Britannia Industries, MOIL, Voltas and Reliance Capital.
Vijay Chopra of enochventures.com is of the view that one may buy Maruti Suzuki with a target of Rs 5000.
According to Ashwani Gujral of ashwanigujral.com, one can by buy Cipla, Engineers India and Voltas.
Sudarshan Sukhani of s2analytics.com recommends buying Voltas and Power Grid and sell GAIL India while one can avoid Lupin.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money recommends buying Voltas and Federal Bank.
According to Ashwani Gujral of ashwanigujral.com, one can buy Edelweiss Financial Services, Tata Chemicals, Cairn India, Engineers India and Voltas.
Sandeep Wagle of powermywealth.com is of the view that one can buy Voltas, Vedanta and Adani Enterprises.
According to Rakesh Bansal of RK Global, one may buy Rural Electrification Corporation (REC) with a target of Rs 240.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punjab National Bank, Bank of India, Britannia Industries, Ajanta Pharma and Voltas.
Sudarshan Sukhani of s2analytics.com recommends buying Britannia Industries and Voltas.
As an investment strategy, Credit Suisse advises to bet on those segment player which have large valuation gap but give higher returns. "Large valuation gap between segment leader and small player sometimes provide an opportunity for higher stock returns to be generated by the smaller company," it adds.
Bank of America Merrill Lynch reiterates buy call on Lupin with target at Rs 1950 per share as Shionogi portfolio acquisition marks entry into Japanese branded market.
Gaurav Bissa of LKP Securities is of the view that one can short Canara Bank and Dabur India and buy Voltas.
Ashish Kyal of wavesstrategy.com is of the view that one can buy Aurobindo Pharma, Hindustan Zinc and Voltas.
Rajat Bose of rajatkbose.com recommends buying Hindustan Petroleum Corporation and feels that UPL looks good for target of Rs 627 while he has a sell recommendation on Voltas.
Rajat Bose of rajatkbose.com is of the view that L&T Finance may test Rs 89 and PVR may hit Rs 1140.