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
HDFC, Godrej Properties, and Emami, among others, are on the radar of analysts on Friday
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Wockhardt and Bajaj Auto and advises selling Hindalco Industries, Mindtree and Just Dial.
Vijay Chopra of enochventures.com advises selling Orchid Pharma.
In an interview to CNBC-TV18’s Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Mitessh Thakkar of miteshthacker.com suggests buying Wockhardt and Steel Authority of India.
Recommend buying TCS in a couple of tranches, one at the current market price and the other at Rs 2,390. IndiGo too should be bought in tranches, and if it further falls to Rs 990. Wockhardt can be bought with a stop-loss at Rs 700.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Forge , Power Grid, Shriram Transport and Zee Entertainment and advises selling ONGC.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Sameet Chavan of Angel Broking is of the view that one may buy Wockhardt with a target of Rs 808.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jubilant Foodworks and TVS Motor and sell Hindustan Zinc.
Ruchit Jain of Angel Broking is of the view that one may buy Bajaj Auto with a target of Rs 2950.
Ashwani Gujral of ashwanigujral.com is of the view that one should keep Hindalco Industries and Vedanta in the portfolio.
JPMorgan has overweight rating on L&T, with a target price at Rs 1,670 as the brokerage house is optimistic about a pick-up in execution in the near-term.
Sameet Chavan of Angel Broking is of the view that one may buy Indiabulls Real Estate with a target of Rs 92.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Wockhardt, City Union Bank and Hindustan Unilever.
Mitessh Thakkar of miteshthacker.com suggests buying Torrent Pharma, Wockhardt and Hindustan Unilever and aadvises selling Canara Bank and IDFC Bank.
Gaurav Ratnaparkhi of Sharekhan advises buying Kaveri Seed Company with a target of Rs 489.
According to Ashwani Gujral of ashwanigujral.com, one can buy Vijaya Bank, Marico and HCL Technologies.
Mitessh Thakkar of miteshthacker.com recommends buying Wockhardt and Divis Laboratories.
Ashwani Gujral of ashwanigujral.com suggests buying Wockhardt, Hindustan Zinc and Rajesh Exports.
Ashwani Gujral of ashwanigujral.com is of the view that one can prefer Titan Company over Wockhardt.
Vijay Chopra of Enoch Ventures suggests buying Jet Airways with a target of Rs 400.
Vijay Chopra of enochventures.com is of the view that one may hold Cipla.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Glenmark Pharma, Snowman Logistics, BGR Energy and Suven Life Sciences and sell MRF.