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
The NBFC sectors outperformed the benchmark indices in the last one year with some stocks rallying as much as 90 percent.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Reliance Capital, NBCC and Rain Industries and can sell Bajaj Finserv below Rs 4080.
Rakesh Bansal of RK Global is of the view that one may buy NHPC with a target of Rs 35.
Sameet Chavan of Angel Broking advises buying Century Textiles and Industries with a target of Rs 1155.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Industrial Infrastructure, NBCC, Century Textiles and Industries and Natco Pharma.
According to Mitessh Thakkar of mitsshthakkar.com, one may buy Ashok Leyland and MMTC.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Capital First and Bajaj Finserv and buy Piramal Enterprises.
Above Rs 340, Adani Ports may hit Rs 370, stay with housing finance, says Ashwani Gujral of ashwanigujral.com.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bajaj Finance, IGL, Grasim Industries, Arvind and Bata India and sell NALCO.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9580-9540 and resistance at 9713 while Bank Nifty has support at 23200 and resistance at 23600.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finance, Bajaj Finserv and Oberoi Realty.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finserv, REC and Kolte-Patil Developers.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Asian Paints and Hindalco Industries and sell Balrampur Chini.
Jay Thakkar of AnandRathi is of the view that one may buy Bajaj Finserv with a target of Rs 4168.
The immediate support base for the index is placed at 9,300 regions being the 50% retracement of current up move (9,075 to 9,532) and the higher low formed in early May 2017
According to Mitessh Thakkar of mitesshthakkar.com, one can sell Bajaj Finserv, BPCL and IndusInd Bank and buy Mindtree and Voltas.
Ashwani Gujral of ashwanigujral.com suggests selling UPL and Bajaj Finserv and buy State Bank of India.
According to Mitessh Thakkar of miteshthacker.com, one can sell Axis Bank and Bajaj Finserv.
Ashwani Gujral of ashwanigujral.com suggests buying Bank of India, JK Tyre, Union Bank of India, Hindustan Unilever, Bajaj Finance and Bajaj Finserv.
Ashwani Gujral of ashwanigujral.com suggests buying Bata India while he feels that TVS Motor may test Rs 580-600.
Ashwani Gujral of ashwanigujral.com recommends buying Bhushan Steel, India Cements, HDIL, Can Fin Homes and Bajaj Finserv.
Ashwani Gujral of ashwanigujral.com is of the view that one can short YES Bank while he feels that Bank Nifty can fall 500-600 points.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bajaj Finserv and Apollo Tyres and buy NIIT Tech.
Ashish Kyal of Waves Strategy Advisors advises selling Divis Laboratories Future with a target of Rs 610.
Ashwani Gujral of ashwanigujral.com recommends buying ACC, YES Bank, Can Fin Homes, NBCC and Muthoot Finance.