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
Ashwani Gujral of ashwanigujral.com recommends buying Asian Paints, IGL and UltraTech Cement.
Mitessh Thakkar of miteshhthakkar.com is of the view that one can buy Asian Paints, Petronet LNG and Tech Mahindra and sell Torrent Pharma.
Sandeep Wagle of powermywealth.com recommends buying Asian Paints and Petronet LNG.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries, Asian Paints and Jubilant Foodworks.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bata India, Tech Mahindra and ACC and sell Bank of India and Torrent Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying IGL while advises avoiding aviation stocks.
Aditya Birla Money feels the Nifty trading range for first few days of September series would be 9,650-10,050.
Ashwani Gujral of ashwanigujral.com recommends buying Kotak Mahindra Bank, Asian Paints and CESC.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Asian Paints, Gruh Finance, HUDCO and Nalco and sell Bharat Forge.
Mitessh Thakkar of mitesshthakkar.com suggests selling Dabur India and Apollo Tyres and advises buying Container Corporation of India, Aptech and Future Consumer.
As traders turn cautious over the geopolitical issues coupled with the domestic headlines, the market is expected to ride on the volatile regime with a negative outlook in the short-term unless it witnesses favourable events.
According to Mitessh Thakkar of mitesshthakkar.com, one can buy BEL, Hexaware Technologies and CONCOR and sell Asian Paints, MRPL and Piramal Enterprises.
Mitessh Thakkar of mitesshthakkar.com suggests buying Cipla, Oil India and Petronet LNG and advises selling Larsen & Toubro and Raymond.
Amit Gupta of ICICIdirect is of the view that one may pick State Bank of India, Federal Bank, Asian Paints and Petronet LNG.
Sandeep Wagle of powermywealth.com is of the view that one can sell Bank of Baroda and buy Asian Paints.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Havells India and Asian Paints.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9920 and the resistance is at 10036-10069. On the other hand, Bank Nifty has support at 24650 and resistance at 25550.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy United Breweries, Asian Paints and Hindustan Unilever and can sell Ajanta Pharma and Indian Oil Corporation.
Asian Paints, Axis Bank and Vedanta, among others, are on the radar of analysts on Wednesday.
Rajat Bose of rajatkbose.com suggests holding MRF and Asian Paints.
Sharmila Joshi of sharmilajoshi.com recommends holding Asian Paints and MRF.
Ashwani Gujral of ashwanigujralcom is of the view that one can buy Idea Cellular and Sun TV Network and advises buying Asian Paints.
Prakash Gaba of prakashgaba.com is of the view that slide to 9720 is a possibility where Nifty will find support while the Index has resistance at 9900. Bank Nifty on the other hand has support at 23900 and resistance at 24300.
Sudarshan Sukhani of s2analytics.com suggests buying Mahindra and Mahindra, Infosys and HDFC and advises selling Cummins India and CESC.
Mitessh Thakkar of miteshthacker.com suggests buying Bata India and JSW Steel and feels that one can sell Asian Paints and Pidilite Industries.