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
Rajat Bose of rajatkbose.com is of the view that one can buy ACC and can sell Ashok Leyland.
Ashwani Gujral of ashwanigujral.com is of the view that RBL Bank may test Rs 600.
Sameet Chavan of Angel Broking recommends buying NMDC with a target of Rs 122 and Just Dial with a target of Rs 492.
Vinod Nair of Geojit Financial believes that Q4 numbers have been good for the broad economy.
Ashwani Gujral of ashwanigujral.com suggests buying Vedanta and Tata Steel.
Sameet Chavan of Angel Broking suggests buying Apollo Hospitals with target of Rs 1280 and Indiabulls Housing Finance with a target of Rs 1125.
All these stocks possess qualities of strong management, wide product portfolio, interlinked with a promising economy.
After a strong rally witnessed in the last 2 weeks, investors are advised to book some profits and re-enter at lower levels.
Ashwani Gujral of ashwanigujral.com suggests buying Larsen & Toubro, Raymond and Ashok Leyland.
Ashwani Gujral of ashwanigujral.com suggests buying Ashok Leyland, Tata Steel and Jet Airways.
The single tax would replace 17 indirect tax levies and improve taxation efficiency. Most goods are placed under the four slabs of services tax i.e. 5, 12, 18 and 28 percent.
Engineers India, Hexaware, and Ashok Leyland, among others, are likely to give out such returns
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9350 and resistance at 9500 while Bank Nifty has support at 22400 and resistance at 22800.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, South Indian Bank and Ashok Leyland.
Mitessh Thakkar of miteshthacker.com suggests buying Ashok Leyland and Balrampur Chini.
Ashwani Gujral of ashwanigujral.com is of the view that one can hold Tata Steel and buy Indiabulls Housing and Ashok Leyland.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Electronics and Ashok Leyland.
Yogesh Mehta, Associate Vice President-PCG Advisory Equities at Motilal Oswal Securities suggests buying Bajaj Finance, Britannia Industries and Ashok Leyland.
Prakash Gaba of prakashgaba.com is of the view that Ashok Leyland can climb to Rs 88 and Exide Industries may hit Rs 252.
Rajat Bose of rajatlbose.com recommends buying Biocon and Ashok Leyland.
Abhimanyu Sofat of IIFL is of the view that DHFL and LIC Housing are attractive buys while Ashok Leyland looks expensive.
An FMCG major and cement manufacturer are being tracked by analysts on Tuesday after they posted their March quarter earnings over the past few days.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Biocon and buy Ashok Leyland.
VK Sharma, Head of Business, Private Client Group at HDFC Securities is of the view that one can buy Ashok Leyland 85 Call and South Indian Bank 22.65 Call.
Vishal Malkan of malkansview.com is of the view that one may sell Marico with a target of Rs 285.