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
“Nifty is likely to get into consolidation in the price range of 10,080 to 10,230.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
"The Nifty continues to trade below the long-term 200-day moving average and rising support trend line originating from May 2017 and low of 9342 levels connecting lows of 9449 and 9688 which comes around 10180 levels, says Ashish Chaturmohta, Head Technical and Derivatives, Sanctum Wealth Management.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Bajaj Finance, Jubilant Food, L&T and TV18 Broadcast.
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra with a stop loss of Rs 614 and target of Rs 635 and has a buy also on Tata Consultancy Services with a stop loss of Rs 3000, target of Rs 3150.
Ashwani Gujral of ashwanigujral.com suggests buying Bajaj Finance, Jubilant Foodworks, Avenue Supermarts and Ashok Leyland.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Adani Ports and Sun TV Network and can buy Suprajit Engineering, Avenue Supermarts, Bajaj Finance and Jubilant Foodworks.
Mitessh Thakkar of miteshthacker.com suggests selling Adani Ports, Pidilite Industries, Bajaj Finance and CESC.
Rajat Bose of rajatkbose.com is of the view that one can buy Bajaj Finance and Endurance Technologies and can sell Bajaj Auto.
Ashwani Gujral of ashwanigujral.com recommends buying Axis Bank, Bajaj Finance, Oberoi Realty, Kotak Mahindra Bank and UPL.
Ashwani Gujral of ashwanigujral.com suggests buying Persistent Systems, Sun Pharma, Adani Ports, Bajaj Finance, JSPL and NIIT Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra with a stop loss of Rs 588, target of Rs 620, a buy on NIIT Tech with a stop loss of Rs 788, target of Rs 825 while a sell call on Century Textiles with a stop loss of Rs 1190, target of Rs 1130.
Ashwani Gujral of ashwanigujral.com recommends selling Motherson Sumi, Bajaj Finance, HDFC, Sun Pharma, Reliance Capital and PC Jeweller.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Sun TV and Jindal Steel & Power and can buy Bombay Burmah Trading.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Ceat and Bajaj Finance.
We expect base formation around the support area will make the market more healthier and pave the way for next leg of upmove.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance and Sun TV Network and can sell SBI, PNB, BOI and Canara Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Yes Bank, Indiabulls Housing, ICICI Prudential and Biocon.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities is of the view that one can buy Sun Pharmaceutical Industries, TCS, UltraTech Cement and Bajaj Finance.
Most of the high beta stocks saw strong momentum in the year 2017 and is finding favour in the year 2018 as well. But, will it work every time? Well, analysts are of the view that out-of-favor stocks have beaten the benchmark in the last 10 years.
Chandan Taparia of Motilal Oswal Securities recommends buying Hindustan Unilever, TVS Motor and Dewan Housing Finance.
Ruchit Jain of Angel Broking advises buying PG Electroplast with a target of Rs 490.
Vishal Malkan of malkansview.com is of the view that one may buy Hexaware Technologies with a target of Rs 375.
Mitessh Thakkar of miteshthacker.com recommends buying Amara Raja Batteries, NIIT Tech, Bajaj Finance and Bharat Financial Inclusion.
Ashwani Gujral of ashwanigujral.com suggests buying United Spirits, Bajaj Finance and Ajanta Pharma.
Ashwani Gujral of ashwanigujral.com recommends buying Jindal Stainless, ONGC, Bajaj Finance, Tata Steel, HPCL and VIP Industries.