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 recommends buying Yes Bank, Indiabulls Housing, ICICI Prudential and Biocon.
MidCap and SmallCap Indices have reached an overbought territory portending to minor profit booking on the cards before it resumes its uptrend.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Wockhardt, Tata Global, NIIT Tech, Yes Bank and DHFL and can sell Bharti Infratel.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy PC Jeweller with a target at Rs 458.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Divis Laboratories, Hexaware Technologies and MRPL and can sell Bharti Infratel and Just Dial.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, UltraTech Cement, Ajanta Pharma, Bata India and Godrej Industries and can sell Reliance Infrastructure.
Prakash Gaba of prakashgaba.com is of the view that Bajaj Finserv can climb to Rs 5350 while CRISIL may test Rs 1870.
Mitessh Thakkar of miteshthacker.com recommends buying Yes Bank and Bajaj Finance.
Rajat Bose of rajatkbose.com recommends buying Ashok Leyland, Bajaj Finserv and Engineers India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Yes Bank, Punjab National Bank and GAIL India while he feels that Maruti Suzuki is likely to hit new highs.
Ashwani Gujral of ashwanigujral.com has a buy on Praj Industries with a stop loss of Rs 110, target of Rs 123, a buy on Radico Khaitan with a stop loss of Rs 284, target of Rs 302 and a buy on Balkrishna Industries with a stop loss of Rs 2150, target of Rs 2300.
Ashwani Gujral of ashwanigujral.com has a buy on Jet Airways with a stop loss of Rs 650, target of Rs 675, a buy on Arvind with a stop loss of Rs 440, target of Rs 465 and a buy on United Spirits with a stop loss of Rs 3350, target of Rs 3500.
Mitessh Thakkar of miteshthacker.com recommends buying Bajaj Finserv and NCC.
Mitessh Thakkar 0f mitesshthakkar.com has a buy on Ajanta Pharma with a stop loss of Rs 1237, target of Rs 1360 and a buy on DLF with a stop loss of Rs 215, target of Rs 245.
According to technical analyst Prakash Gaba of prakashgaba.com, for the Nifty, the trend is up as long as 10175 holds and upside to 10340 is also a possibility. The crucial support for the Nifty is at 10175-10089 and the resistance is at 10340. Bank Nifty on the other hand has support at 25600 and resistance at 26000.
Prakash Gaba of prakashgaba.com feels that Blue Dart can climb to Rs 4200.
Technical Analyst, Prakash Gaba is of the view that one may buy Bajaj Finserv and DLF.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Kotak Mahindra Bank and can sell Godrej Industries, Bajaj Finserv and BHEL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Maruti Suzuki and NBCC and can hold Bajaj Finserv and RBL Bank while one can sell Bharti Infratel.
If you are in equity markets for the long haul then rest assured this rally has more legs and Nifty is well on track to hit Mount 11K.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company, Sudarshan Chemical and Max Financial Services.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bajaj Finserv and buy Century Textiles and Industries and Indraprastha Gas while he recommends holding Tata Metaliks.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India with a target of Rs 340, Bank of India with a target of Rs 200 and National Aluminium Company with a target of Rs 93.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell L&T Finance Holdings and Can Fin Homes and can buy VIP Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Avanti Feeds, Sobha, NBCC, Bata India and Kotak Mahindra Bank.