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
Vishal Malkan of malkansview.com recommends buying Vedanta with a target of Rs 328 and Bata India with a target of Rs 720.
Vishal Malkan of malkansview.com advises buying Apollo Tyres with a target of Rs 270.
Stocks which have zero debt/equity ratio include names like Jubilant FoodWorks which gained 59 percent, and Bata India rallied 50 percent so far in the year 2017.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India, BEML, Hindalco Industries and Tech Mahindra.
Ashwani Gujral of ashwanigujral.com suggests buying Bata India, Dewan Housing Finance and Apollo Hospitals and advises selling PVR.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Ajanta Pharma and PVR and buy Delta Corp.
Ashwani Gujral of ashwanigujral.com advises buying Dewan Housing Finance, Jubilant Foodworks and VIP Industries.
Sandeep Wagle of powermywealth.com is of the view that one can buy Bata India and sell Apollo Hospitals Enterprises.
Rakesh Bansal of RK Global is of the view that one may buy Bata India with a target of Rs 658.
Sudarshan Sukhani of s2analytics.com recommends buying Adani Ports, Ashok Leyland, Hindustan Petroleum Corporation and Bata India and advises shorting Idea Cellular.
Sandeep Wagle of powermywealth.com is of the view that one can buy Bata India, sell Zee Entertainment and hold Eicher Motors.
CA Rudramurthy BV, Research Head at Vachana Investments recommends buying Britannia Industries, Bata India and Ceat.
According to Prakash Gaba of prakashgaba.com, the larger trend for Nifty is still intact, however some slide is not rule out and there exists a strong support at 9968.
Ashwani Gujral of ashwanigujral.com recommends buying Godrej Consumer and Bata India and sell Adani Ports.
According to CA Rudramurthy BV of Vachana Investments, one can buy Voltas and Bata India and sell Suzlon Energy.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Emami, Apollo Tyres and NTPC and can sell Union Bank of India and Infosys.
At present, the market is not generating any signal of reversal. So, traders need to get cautious while entering any long at these higher levels.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Adani Transmission, Allahabad Bank, IIFL Holdings and Bata India.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Engineers India, NMDC and Deepak Fertiliser and can sell Godfrey Phillips and Mindtree.
According to Ashwani Gujral of ashwanigujral.com, one can buy Axis Bank, Tata Elxsi and NMDC.
We expect stock specific action to continue going forward as we have entered into the quarterly earning seasons.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Bata India, Steel Authority of India and HCL Infosystems and can sell Ceat and Escorts.
Mitessh Thakkar of miteshthacker.com suggests buying Bata India and JSW Steel and feels that one can sell Asian Paints and Pidilite Industries.
Mitessh Thakkar of mitesshthakkar.com recommends buying Motherson Sumi Systems, Bata India and Manappuram Finance and advises selling Bajaj Auto and Apollo Hospitals.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ceat, Central Bank of India and Motherson Sumi and can sell HPCL and SRF.