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
Anand Tandon, Market Expert is of the view that one may prefer YES Bank, IndusInd Bank and perhaps Kotak Mahindra Bank or HDFC Bank.
Harendra Kumar of Elara Capital is of the view that one can look at HDFC, IndusInd Bank and YES Bank as the pecking order in the private banking space.
Ashwani Gujral of ashwanigujral.com is of the view that one may look at YES Bank, IndusInd Bank.
Prakash Diwan of prakashdiwan.in is of the view that one can avoid Axis Bank.
Watch the interview of Prakash Diwan of prakashdiwan.in with Latha Venkatesh & Ekta Batra on CNBC-TV18, in which he shared his reading and outlook on ICICI Bank, Axis Bank, Yes Bank & Idea Cellular.
Sandeep Wagle of powermywealth.com recommends buying Indiabulls Real Estate and YES Bank and advises selling NMDC and Coal India.
Yogesh Mehta of Motilal Oswal Securities recommends going long in YES Bank and feels that Hindalco Industries may test Rs 93.50.
Ambareesh Baliga, Independent Market Expert is of the view that one may prefer ACC, Ambuja Cements and UltraTech Cement and feels that one acn buy YES Bank on declines.
Prakash Gaba of prakashgaba.com is of the view that one may short Larsen & Toubro and feels that Reliance Industries may test Rs 967.
Ashwani Gujral of ashwanigujral.com recommends buying AIA Engineering and YES Bank and advises selling Vedanta and NCC.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com spoke about his outlook on the market and specific stocks.
Hemant Thukral of Aditya Birla Money has a bullish stance on YES Bank, IndusInd Bank and HDFC Bank.
Ashwani Gujral of ashwanigujral.com recommends selling Asian Paints and Reliance Industries and advises buying YES Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Maruti Suzuki, YES Bank and Axis Bank on dips.
According to SP Tulsian of sptulsian.com, YES Bank and Kotak Mahindra Bank are the top picks from the private sector banks.
Ashwani Gujral, of ashwanigujral.com recommends buying Sun Pharma Advanced Research Company and Idea Cellular and advises selling UPL.
Sharmila Joshi of sharmilajoshi.com is of the view that one may stay invested in YES Bank.
Ashwani Gujral, fund manager at ashwanigujral.com is of the view that one can buy Idea Cellular and YES Bank and sell NCC.
Ashwani Gujral of ashwanigujral.com recommends buying Havells India, YES Bank and LIC Housing Fianance.
Ashwani Gujral of ashwanigujral.com recommends buying YES Bank, ACC and Aurobindo Pharma.
Manish Hathiramani, Technical Analyst at Deen Dayal Investments recommends buying BHEL and YES Bank.
Hemen Kapadia of KRChoksey Securities is of the view that one can buy Bank of India with a target of Rs 105 and Jet Airways with a target of Rs 574.
Ashwani Gujral of ashwanigujral.com feels that Dewan Housing Finance Corporation may test Rs 300.
Mehraboon Irani of Nirmal Bang Securities is of the view that Tata Motors and Ashok Leyland are the top picks.
Ashish Kyal, Founder & CEO of wavesstrategy.com recommends buying Bharat Electronics, UPL and YES Bank and advises selling Britannia Industries.