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
Mitessh Thakkar of miteshthacker.com suggests buying Bata India and JSW Steel and feels that one can sell Asian Paints and Pidilite Industries.
Mitessh Thakkar of mitesshthakkar.com suggests buying Jain Irrigation, Chambal Fertilisers, Raymond and Steel Authority of India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Asian Paints and DLF and can sell Arvind and GAIL India.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma, Lupin, Asian Paints, Yes Bank, Balrampur Chini and BASF.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9439-9400 and the resistance is at 9560-9591. Bank Nifty on the other hand has support at 22975 and resistance at 23500.
In at interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
According to Mitessh Thakkar of miteshthacker.com, one can sell Asian Paints and buy Hindustan Zinc and Vedanta.
Ashwani Gujral of ashwanigujral.com recommends buying HCL Technologies, Interglobe Aviation and Marico.
Mitessh Thakkar of miteshthacker.com suggests buying Kaveri Seed Company and feels that DHFL may slip to Rs 400.
JSW Energy, Asian Paints, Page Industries and Tata Steel are on the radar of Kotak Securities
Axis Bank, Havells India and Dish TV, among others are being tracked by analysts today.
Ambareesh Baliga, Independent Market Expert is of the view that UltraTech Cement, Asian Paints, Whirlpool and GMR Infra are good bets.
Rajat Bose of rajatkbose.com suggests buying Aditya Birla Nuvo June Futures and can sell Asian Paints.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying Asian Paints, Mahindra and Mahindra, Sun Pharmaceutical Industries, Kotak Mahindra Bank, Dabur India and HUDCO.
Most analysts expect crude oil prices to remain rangebound with upside capped at around USD 55 barrel and unlikely to fall below USD 40 to conclude that it is in a bear territory.
Mitessh Thakkar of miteshthacker.com suggests buying Asian Paints and Grasim Industries.
According to Manoj Murlidharan of Religare Securities, one can buy Asian Paints and Granules India and can sell UltraTech Cement.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Indiabulls Real Estate, Escorts and PC Jeweller and can sell Wockhardt and GAIL India.
Motherson Sumi, Asian Paints and Cadila Healthcare, among others are on investors’ radar.
Ashwani Gujral of ashwanigujral.com suggests buying IndusInd Bank, Bajaj Finance and Britannia Industries.
According to Rajat Bose of rajatkbose.com, one may hold Asian Paints for long term.
Vijay Chopra of enochventures.com is of the view that one may hold Asian Paints.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell HDFC and Asian Paints.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Arvind and Torrent Pharmaceuticals and can buy Larsen & Toubro, Asian Paints and Hero MotoCorp.