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
One can buy Bajaj Auto and NTPC, says Sudarshan Sukhani of s2analytics.com. The stock went through a small correction. After the correction it was in a consolidation and today it is breaking out of that consolidation on the upside, he adds.
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management feels Bajaj Auto has strong resistance around Rs 1,950-1,970 zone.
Hemant Thukral, National Head of Derivative Desk at Aditya Birla Money said his target price for Bajaj Auto would be around Rs 1,995-2,000.
On CNBC-TV18's show Super Six, market gurus Rajesh Jain, Religare Securities, Vikrant Jadeja, vibranttrades.com and Vishal Malkan, malkansview.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Sudarshan Sukhani of s2analytics.com feels Bajaj Auto is one of the better stocks in the auto universe.
Hemant Thukral, Aditya Birla Money is of the view that Bajaj Auto can test Rs 1775.
On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni Angel Broking, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, Vibrant Trades share, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Hemant Thukral of Aditya Birla Money is of the view that Bajaj Auto has support around Rs 1,600 levels and Tata Motors has a very strong bottom around Rs 249-250.
Sudarshan Sukhani of s2analytics.com is of the view that one can see lower levels in Bajaj Auto.
Phani Sekhar, Fund Manager, Angel Broking is of the view that Bajaj Auto can touch Rs 1800-1850 in a year. However, if one buys on declines then from a two to three year perspective then can look at prices as high as Rs 3000.
Amisha Vora, Prabhudas Lilladher is neutral on Bajaj Auto.
For the day trader, it is easy to buy DLF looking at some kind of relief rally, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bajaj Auto.
On CNBC-TV18's show Super Six, market gurus Vikrant Jadeja, vibranttrades.com, Manas Jaiswal, manasjaiswal.com and Shardul Kulkarni, Angel Broking, place their bets on two stocks each, thus offering investors a variety of options to choose from.
SP Tulsian of sptulsian.com, says that the auto sector is witnessing the worst situation in last eight-10 years where overall the sales are falling on a monthly basis in last 3-4 months.
Bajaj Auto remains top pick in auto space, says SP Tulsian of sptulsian.com.
On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, vibrantrades.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Sudarshan Sukhani, s2analytics.com advises traders to buy Bajaj Auto on decline.
Sanju Verma, MD & CEO of Violet Arch Capital Advisors advised buying only Mahindra and Mahindra (M&M) in the auto space and avoiding Tata Motors.
Sudarshan Sukhani, s2analytics.com advises traders to buy Bajaj Auto on dips.
SP Tulsian, sptulsian.com advises traders to enter Hero Motocorp and Bajaj Auto.
Buying opportunity is seen in Bajaj Auto, says Sudarshan Sukhani, s2analytics.com.
Monal Desai, Sunidhi Securities is of the view that one should sell Bajaj Auto for a target of Rs 1920 and Zee Entertainment Enterprises for a target of Rs 208.
Buy Bajaj Auto, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani, s2analytics.com, feels that as the market is choppy, we should stick with quality stocks that are in confirmed uptrends. Talking to CNBC TV18, he recommends a buy on Bajaj Auto and Sun TV in the coming week.