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
According to Ashwani Gujral of ashwanigujral.com, one can sell State Bank of India and Colgate Palmolive and can buy Balkrishna Industries.
Ashwani Gujral of ashwanigujral.com recommends selling Balkrishna Industries, Axis Bank and Larsen and Toubro.
Ashwani Gujral of ashwanigujral.com is of the view that Balkrishna Industries is the best tyre stock and may test Rs 1900 while RIL will probably move sideways around Rs 1,340-1,350 zone.
Sandeep Wagle of powermywealth.com is of the view that one can buy Jet Airways and Balkrishna Industries and can sell GAIL India.
Ashwani Gujral of ashwanigujral.com recommends buying Bhushan Steel, Balkrishna Industries and Titan Company.
Mitessh Thakkar of miteshthacker.com recommends buying Aditya Birla Nuvo and Godrej Consumer and advises selling Zee Entertainment, Bata India and Glenmark Pharma.
Mitessh Thakkar of mitesshthakkar.com advises buying Balkrishna Industries and Dabur India.
Rajat Bose of rajatkbose.com feels that Balkrishna Industries may test Rs 1685.
Ashwani Gujral of ashwanigujral.com advises buying Motherson Sumi, Sundram Fasteners, Balkrishna Industries, NBCC and Tata Steel.
Ashwani Gujral of ashwanigujral.com suggests buying Balkrishna Industries.
Ashwani Gujral of ashwanigujral.com advises buying Motherson Sumi, Balkrishna Industries and Future Retail.
The Nifty50, which reclaimed its crucial psychological level of 9,650 on Friday, could come under some selling pressure as it approaches 9,700 level which has proved to be crucial resistance zone for the index in the past.
CA Rudramurthy of Vachana Investments suggest buying United Spirits, Kotak Mahindra Bank and Balkrishna Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries, Uflex and PVR.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Marico and Eicher Motors.
Mitessh Thakkar of miteshthacker.com suggests buying ACC, Balkrishna Industries, DCB Bank, Prestige Estates and Polaris Consulting.
Sudip Bandopadhyay, Market Expert recommends buying Balkrishna Industries and likes South Indian Bank and Federal bank.
Ashwani Gujral of ashwanigujral.com recommends buying Infosys, Balkrishna Industries and Voltas.
Ashwani Gujral of ashwanigujral.com suggests buying Balkrishna Industries, Mahindra & Mahindra and SREI Infra.
Rajat Bose of rajatkbose.com is of the view that Apollo Hospitals may test Rs 133 and has a bullish stance on Balkrishna Industries.
According to Ashwani Gujral of ashwanigujral.com, one can buy Balkrishna Industries, DCB Bank and Coal India.
Rajat Bose of rajatkbose.com recommends buying Balkrishna Industries, Kotak Mahindra Bank and Bharat Forge.
Ashwani Gujral of ashwanigujral.com recommends buying ITC, TVS Motor and Balkrishna Industries.