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
Mitessh Thakkar of mitesshthakkar.com feels that Bharti Infratel may touch Rs 420.
According to Mitessh Thakkar of mitesshthakkar.com, one may buy Bajaj Auto.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell UltraTech Cement and Pidilite Industries.
We expect this consolidation to be healthy in nature for momentum on the positive side to continue. Technical indicators also suggest a reversal from an oversold zone.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Hero Motocorp within the two-wheeler space in a staggered way on a subsequent declines.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell Canara Bank, PVR and RBL Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Biocon and Bajaj Auto and can sell Indo Count Industries.
Rajat Bose of rajatkbose.com recommends buying Novartis, Cipla, Bajaj Auto and Rain Industries.
On the face of it, the company merits attention owing to a number of reasons. It has marquee clients in its kitty and an even spread of clientele. It is putting a premium on its R&D work to develop technologically advanced products and bring a turnaround at its joint venture Minda Furukawa.
According to Ashwani Gujral of ashwanigujral.com, one can buy Bajaj Auto, Sun TV, Mahindra Lifespace, Jai Corp, Balkrishna Industries, Indiabulls Real Estate and Divis Laboratories.
Acccording to Ashwani Gujral of ashwanigujral.com, one can buy Larsen & Toubro, DLF and JM Financial.
Mitessh Thakkar of mitesshthakkar.com recommends buying Larsen & Toubro, Bajaj Auto, Capital First, ONGC, Allahabad Bank, Exide Industries and DHFL.
Sandeep Wagle of powermywealth.com advises buying Bajaj Auto and L&T Finance Holdings.
Mitessh Thakkar of miteshthacker.com recommends buying Lupin and Bajaj Auto.
Vishal Malkan of malkansview.com suggests buying Arvind with a target of Rs 425.
According to Ashwani Gujral of ashwanigujral.com, one can buy Aurobindo Pharma, Reliance Capital and CESC and sell PC Jeweller.
Motilal Oswal expects Axis Bank to report 1.3-1.4 percent return on assets (ROA) and 16 percent return on equity (RoE).
In an interview to CNBC-TV18's Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
In an interview to CNBC-TV18's Surabhi Upadhyay and Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Research firm Motilal Oswal has a buy on Bajaj Auto with 13 percent upside whereas Credit Suisse has a neutral rating on the stock after Bajaj Auto announced its partnership with UK's Triumph Motorcycles.
JSPL, NCC and Bajaj Auto, among others, are on the radar of investors on Wednesday.
Prakash Gaba of prakashgaba.com is of the view that crucial support for Nifty is at 10000-9968 and the resistance is at 10149-10248-10536. On the other hand, Bank Nifty has support at 24600 and resistance at 25000-25100.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Century Textiles, HCL Tech and Jet Airways and can sell Berger Paints and Sun TV.
According to Gaurav Bissa of LKP Securities, one may buy Bajaj Auto and UPL and can sell NIIT Technologies.
DHFL, Reliance and ITC, among others are on the radar of analysts on Monday.