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 Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, Deven Choksey, MD at KR Choksey Shares & Securities shared his readings and outlook on market and specific stocks.
Banking stocks have rallied up to 80 percent in the last one year on reform push. In fact, the S&P BSE Banking index has risen nearly 16 percent so far in 2017, led by gains in Federal Bank, Yes Bank, PNB, SBI, IndusInd Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Jet Airways, Dish TV, Ceat, Indiabulls Housing Finance and Bajaj Finance.
A look at what are brokerages recommending on five stocks and two major sectors. Do you hold them in your portfolio?
Ashwani Gujral of ashwanigujral.com is of the view that one can buy YES Bank and Max Financial Services and sell ITC.
Ashwani Gujral of ashwanigujral.com recommends buying Amara Raja Batteries and advises selling YES Bank and Axis Bank.
Ashwani Gujral of ashwanigujral.com is of the view that Avenue Supermarts is a decent buy even at the current level.
Ashwani Gujral of ashwanigujral.com advises buying Bharat Petroleum Corporation, Hindalco Industries and SRF.
Ashwani Gujral of ashwanigujral.com is of the view that YES Bank may test Rs 1650 while one can look at City Union Bank, DCB Bank and Karnataka Bank.
Ashwani Gujral of ashwanigujral.com recommends buying YES Bank, Can Fin Home and NBCC.
Ashwani Gujral of ashwanigujral.com recommends selling Bharat Financial Inclusion and advises buying HDFC and YES Bank.
According to Rajat Bose of rajatkbose.com, one can buy Larsen & Toubro, AB Nuvo, YES Bank and Maruti Suzuki.
According to VK Sharma, Head of Business-Private Client Group at HDFC Securities, one can buy Hero MotoCorp 3350 Call, YES Bank 1500 Call and Oil India 340 Call.
CLSA has retained its buy call on L&T, IRB Infrastructure, J Kumar Infraprojects and Sadbhav Engineering as government's initiatives will improve infra liquidity via InvIT showing results.
Sudarshan Sukhani of s2analytics.com suggests buying BPCL and HPCL and advises selling JSW Steel and Engineers India.
Sudarshan Sukhani of s2analytics.com suggests buying YES Bank while he feels that shorts are opening up in Dr Reddy's Laboratories.
VK Sharma, Head Of Business, Private Client Group of HDFC Securities is of the view that one can buy YES Bank 1500 Call and Eicher Motors 23500 Call.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Amara Raja Batteries and buy YES Bank, Bosch, Zee Entertainment and ICICI Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Jet Airways, Century Plyboards, Edelweiss Financial Services, YES Bank and Sundram Fasteners.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Polaris with a target of Rs 190.
Anu Jain of IIFL Private Wealth Management is of the view that one may look at UPL and YES Bank.
Prakash Gaba of prakashgaba.com is of the view that one may buy Housing Development Finance Corporation between Rs 1320-1340.
Chandan Taparia of Motilal Oswal Securities recommends buying Tata Communications, YES Bank and BHEL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy LIC Housing Finance and Exide Industries and sell Ambuja Cements.