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 is of the view that one can sell Jindal Steel & Power and can buy HDFC Bank and Motherson Sumi Systems.
D-Street witnessed a massive selloff in the last one month which brought down the index near its key support levels.
Ashwani Gujral of ashwanigujral.com recommends buying SBI, PNB, Chambal Fertilisers, ONGC, Canara Bank and Delta Corp.
Ashish Kyal of Waves Strategy Advisors advises buying Delta Corp with a target of Rs 378.
The company reported a jump of over 300 percent at Rs 44.7 crore for the quarter, while revenues grew 56 percent at Rs 162 crore.
Federal Bank, Delta and Info Edge, among others, are on the radar of investors on Tuesday.
Jay Thakkar of Anand Rathi Securities advises buying Redington with a target of Rs 205.
Ashwani Gujral of ashwanigujral.com recommends buying Delta Corp with a stop loss of Rs 312, target of Rs 328 and GSFC with a stop loss of Rs 154, target of Rs 168.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, Uflex and Delta Corp.
Mitessh Thakkar of miteshthacker.com recommends buying HDFC Bank, Lupin, Larsen & Toubro and Delta Corp.
Vishal Malkan of malkansview.com advises buying Bata India with a target of Rs 765.
Ashwani Gujral of ashwanigujral.com suggests buying Hindustan Copper, Bajaj Finance and Delta Corp.
The immediate resistance on Nifty is now placed at 10,400 odd levels which are needed to be taken out in the follow-up buying. The support levels have now shifted to 10300 - 10320 levels, says Mustafa Nadeem, CEO, Epic Research.
It will be crucial to watch these stocks as they will give a further indication to overall momentum.
Federal Bank, Colgate and Prime Focus, among others, are being tracked by investors on Tuesday.
Ashwani Gujral of ashwanigujral.com recommends buying Bombay Burmah, Delta Corp, Future Consumer and UPL.
Kunal Saraogi of Equityrush is of the view that one may buy PVR with a target of Rs 1430.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Delta Corp.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Raymond and Balrampur Chini and advises buying Delta Corp.
Ashwani Gujral of ashwanigujral.com recommends buying Future Lifestyle, Container Corporation of India, Sun TV, Delta Corp and IIFL Holdings.
Rajat Bose of rajatkbose.com suggests buying Delta Corp and Torrent Power and advises selling Motherson Sumi Systems.
According to Vijay Chopra of enochventures.com, one may hold Delta Corp.
Rajat Bose of rajatkbose.com is of the view that one may remain invested in Delta Corp.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy BEL, IndusInd Bank, Delta Corp and Den Networks and sell Tata Power.
Jay Thakkar of Anand Rathi Securities is of the view that one may sell Interglobe Aviation (Indigo) with a target of Rs 1160.