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
SP Tulsian of sptulsian.com, explains why he is bullish on Yes Bank. He also shares his views on several other stocks, including Torrent Power and Hatsun Agro.
Sudarshan Sukhani of s2analytics.com suggests buying Amara Raja Batteries, Bharat Forge, UltraTech Cement, Axis Bank and Yes Bank.
Ashwani Gujral of ashwanigujral.com suggests buying NALCO, Dalmia Bharat and Yes Bank and advises selling Idea Cellular and Infosys.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Abhimanyu Sofat of IIFL is of the view that one can continue to hold PVR as the stock will remain at premium valuations.
Market expert SP Tulsian of sptulsian.com is positive on PTC India, a power trading company which is going to be a big beneficiary of the huge capex in the transmission and distribution space and the huge offtake of power by the discoms.
Sandeep Wagle of powermywealth.com is of the view that one may buy DLF and Yes Bank and sell Ceat.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bata India even at current level.
Ashwani Gujral of ashwanigujral.com recommends buying IL&FS Transportation, Repco Home Finance, Deepak Fertilisers, Dalmia Bharat and Yes Bank.
Sudarshan Sukhani of s2analytics.com is of the view that IndusInd Bank is an attractive buying opportunity.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his preferred picks in the oil & gas, transmission & distribution, banking and tyre spaces.
Deutsche Bank expects the market to move in a narrow range during 2017, with recovery likely in the latter part of the year. It says unless the union Budget surprises positively with a tax induced fiscal stimulus, the market is likely to mirror the movement seen in Q416.
Deutsche Bank‘s midcaps top picks are CESC, Petronet LNG, Ramco Cements, REC, Shriram Transport and UPL. Among top large caps, its picks are Aurobindo, BPCL, Maruti, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra, Vedanta India and YES Bank.
In an interview to CNBC-TV18 Abhimanyu Sofat of IIFL shared his reading and outlook on the market.
Sandeep Wagle of powermywealth.com is of the view that one can buy Power Finance Corporation and Yes Bank and advises selling Divis Labs.
According to Sudarshan Sukhani of s2analytics.com, one can buy Havells India, IndusInd Bank and Marico and advises selling Divis Labs.
Ruchit Jain of Angel Broking recommends buying EID Parry with a target of Rs 298 and Motherson Sumi Systems with a target of Rs 351.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, said he is positive on banks especially after seeing Bank Nifty levels at 18000. He also maintained a positive stance on natural resources stocks.
Sandeep Wagle of powermywealth.com recommends buying PC Jeweller, Just Dial and Yes Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Steel, Adani Ports and Yes Bank.
Rajat Bose of rajatbose.com recommends buying Maruti Suzuki on any dip while Yes Bank can scale up to Rs 1207.
Rajat Bose of rajatkbose.com is of the view that one may enter Yes Bank at around Rs 1100.
Rahul Shah of Motilal Oswal suggests buying Bharat Forge and BPCL and advises selling Yes Bank.
CLSA says SBI's lending rate cut can lift growth at lower margins. It adds that lower rates could regain growth & help regain some share from bond markets. It feels the move is negative for margins but applies to incremental loans.
Dipan Mehta, Member at BSE & NSE likes BEL, NBCC and Strides Shasun and is bullish on Bharat Financial Inclusion and Bajaj Finance.