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 Rashtriya Chemicals & Fertilizers and Sintex Industries and advises selling Escorts, IRB Infrastructure and VIP Industries.
Ashwani Gujral of ashwanigujral.com recommends selling ITC on rallies and advises buying Vedanta, JSPL, Ashok Leyland, Hindustan Unilever and Chambal Fertiliser.
Ashwani Gujral of ashwanigujral.com recommends buying Ashok Leyland, Biocon and Dewan Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Ashok Leyland, BEL and Century Textiles and can sell Narayana Hrudayalaya.
Sudarshan Sukhani of s2analytics.com suggests buying Mahindra and Mahindra, Infosys and HDFC and advises selling Cummins India and CESC.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini, Tata Motors, Escorts, NIIT Technologies and Tata Elxsi.
According to Prakash Gaba of prakashgaba.com, support for Nifty is at 9600 and the Index has resistance at 9724 while Bank Nifty has support at 23350 and resistance at 23650.
Sudip Bandopadhyay, Market Expert is of the view that one can buy Maruti Suzuki, Ashok Leyland, Bajaj Auto and Bharti Infratel.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Prestige Estates and Gujarat Fluorochemicals.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Capital, Vedanta, Gruh Finance, Ashok Leyland and JSPL.
Ashwani Gujral of ashwanigujral.com is of the view that one can get into Ashok Leyland as the stock may head to Rs 135-140 and also advises buying RIL and RBL Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IFCI and Ashok Leyland and can sell NTPC.
Sandeep Wagle of powermywealth.com recommends buying Jindal Steel & Power and Ashok Leyland.
Ashwani Gujral of ashwanigujral.com suggests selling HCL Technologies and advises buying Tata Chemicals and Tata Elxsi.
Upbeat on Hero MotoCorp in two-wheeler space because of its significant presence in rural market, said Ashwin Patil of LKP Securities.
Ashwani Gujral of ashwanigujral.com advises buying Ashok Leyland, Maruti Suzuki and Escorts.
Sudarshan Sukhani of s2analytics.com suggests buying Tata Elxsi, Apollo Tyres and Muthoot Finance and advises selling GAIL India and Castrol India.
According to Mitessh Thakkar of mitsshthakkar.com, one may buy Ashok Leyland and MMTC.
Ashwani Gujral of ashwanigujral.com feels that above Rs 150, Balaji Telefilms may move to Rs 200-220.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Ashok Leyland.
Chandan Taparia of Motilal Oswal Securities suggests buying Dewan Housing Finance, Federal Bank and TVS Motor.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland, GMDC and JBF Industries and can sell Ambuja Cements and Engineers India.
Mitessh Thakkar of miteshthacker.com recommends buying Ashok Leyland and MMTC.
Auto sector, coupled with HDFC and Coal India, among others, are being tracked by analysts on Friday.