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
The Nifty50 rose nearly 1600 points in Samvat 2073 and expectations are that it could witness some profit booking in the near term. However, the long-term trend remains intact and the index is poised to hit 10,500-11,000 in Samvat 2074.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Foodworks, Escorts and M&M Financial Services.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Arvind, Havells India and L&T Finance Holdings and can sell Oriental Bank of Commerce.
Ashwani Gujral of ashwanigujral.com is of the view that Raymond may touch Rs 915-920.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell PNB, Canara Bank and MRF.
Ashwani Gujral of ashwanigujral.com recommends buying VIP Industries and Divis Laboratories and feels that L&T is likely to test Rs 1400 in six months while he advises selling Arvind.
According to Prakash Gaba of prakashgaba.com, one may hold Arvind.
Avinnash Gorakssakar, Market Expert is of the view that one may stay invested in Arvind.
Ashwani Gujral of ashwanigujral.com
Sandeep Wagle of powermywealth.com is of the view that one can buy Britannia Industries and Arvind and hold LEEL.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Tata Communications, Dr Reddy's Laboratories, Mindtree and Cummins India.
Markets are driven by massive liquidity from domestic investors as well as the optimism of a double digit earnings growth which could well start reflecting in the numbers of India Inc. in the next two quarters.
In an interview to CNBC-TV18, Abhimanyu Sofat, VP-Research at IIFL shared his readings and outlook on specific stocks and sectors.
Vishal Malkan of malkansview.com suggests buying Arvind with a target of Rs 425.
Ashwani Gujral of ashwanigujral.com recommends buying Century Plyboards, Arvind and Vedanta.
Sandeep Wagle of powermywealth.com recommends buying Repco Home Finance and Arvind.
In an interview to CNBC-TV18's Anuj Singhal and Ekta Batra, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
According to Prakash Gaba of prakashgaba.com, for the Nifty 10005-10050 is a possibility as long as 9840 holds. The crucial support for the Index is at 9840 and the resistance is at 10005-10050. On the other hand, Bank Nifty has support at 24240 and resistance at 24511-24670.
Mitessh Thakkar of miteshthacker.com
Chandan Taparia of Motilal Oswal Securities suggests buying Arvind and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy RBL Bank and sell Can Fin Homes and Arvind.
Experts feel this consolidation is likely to continue in short term as the market has already priced in expected recovery in earnings from the second half of FY18 and normal monsoon.
Mahindra&Mahindra,UltraTech Cement and Arvind are on the radar of Reliance Securities
There are a lot of investors who are still waiting on the sidelines to get into Indian market, which offers both growth comfort to investors.
Ashwani Gujral of ashwanigujral.com recommends buying KRBL, Chennai Petroleum, Capital First, Arvind and Jet Airways.