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
Sumeet Jain of Destimoney Securities is of the view that one may buy Gujrat Gas with a target of Rs 878.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy NCC while can hold Bata India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Aksh Optifibre, SML Isuzu and Bata India and sell Tata Motors and Just Dial.
Sudarshan Sukhani of s2analytics.com expects upside in Hindustan Unilever and Dabur India and is upbeat on Bata India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bata India, BHEL and Reliance Industries and sell Mahindra & Mahindra.
Support for Nifty at 9100 and resistance is at 9250 while Bank Nifty has support at 21200 and resistance at 21600, says Prakash Gaba of prakashgaba.com.
Sudarshan Sukhani of s2analytics.com recommends buying Voltas, Whirlpool and Bata India..
Chandan Taparia of Motilal Oswal Securities recommends buying Lupin, Bata India and LIC Housing Finance.
According to Ashwani Gujral of ashwanigujral.com, one can buy PC Jeweller and Bata India and sell ICICI Bank.
Kunal Saraogi of Equityrush advises buying Apollo Tyres with a target of Rs 200.
Sameet Chavan of Angel Broking is of the view that one may buy Bata India with a target of Rs 558.
According to Mitessh Thakkar of miteshthacker.com, one can buy Bata India and LIC Housing Finance.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Bata India and Bharat Electronics and likes Godrej Industries.
Kunal Saraogi of Equityrush advises buying PVR with a target of Rs 1475.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bata India and sell CESC and ICICI Bank.
Rajat Bose of rajatkbose.com is of the view that HDFC Bank may hit Rs 1405 while Bata India may test Rs 515.
In an interview to CNBC-TV18's Prashant Nair and Sumaira Abidi, Rahul Arora, CEO at Nirmal Bang Institutional Equities shared his readings and outlook on market and specific stocks.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India at current level.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India, Bajaj Finance and Hindustan Zinc.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Bata India and Infosys and advises selling Indo Count Industries.
In an interview to CNBC-TV18, Dipan Mehta, Member of BSE & NSE shared his readings and outlook on specific stocks and sector.
According to Prakash Gaba of prakashgaba.com, Bata India looks good for target Rs 525 and feels that Lupin can go up and test Rs 1800.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Alphageo (India), Linde India, Axis Bank and Bata India.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Ajanta Pharma and Ceat while one can buy Bata India.
Mitessh Thakkar of miteshthacker.com recommends buying Bata India, Kotak Mahindra Bank, Mahindra and Mahindra, NLC India and ACC.