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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Biocon and Bajaj Auto and can sell Indo Count Industries.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities suggests buying Titan Company, Eicher Motors, Biocon, Dr Reddy's Labs and IDFC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy L&T, Asian Paints, Whirlpool of India, Sun TV Network and Bajaj Finance and advises selling Ajanta Pharma and Dish TV.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Balkrishna Industries, Exide Industries, Granules India and Just Dial and sell Repco Home Finance.
Jay Thakkar of Anand Rathi Securities advises buying Mahanagar Gas with a target of Rs 1157.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland, Biocon and Hindalco Industries and sell Castrol India.
Ashwani Gujral of ashwanigujral.com suggests buying Eicher Motors on every dip.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9840 and the resistance is at 10005-10050. Bank Nifty on the other hand has support at 24100 and resistance at 24511.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Container Corporation of India, Indian Oil Corporation, Essel Propack and Godrej Properties and sell Mahindra and Mahindra.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Jubilant Foodworks and can hold Biocon while one can sell Exide Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy TVS Motor Company, Maruti Suzuki, Tata Steel, Siemens and Bharat Forge and can sell SRF.
UltraTech Cement, Castrol and Railways, among others, are on the radar of investors on Thursday.
Rahul Shah of Motilal Oswal is of the view that one can buy JSW Steel and Dewan Housing Finance and short Biocon.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell PVR and Bank of Baroda and buy Bharti Airtel and Ashok Leyland while one may hold ICICI Bank.
Ashwani Gujral of ashwanigujral.com suggests buying BPCL, Gruh Finance and United Spirits.
According to Sudarshan Sukhani of s2analytics.com, one can buy Yes Bank, Hindustan Zinc and Indraprastha Gas and sell Apollo Hospitals Enterprises while one can avoid HDIL.
Biocon, Apollo Hospitals and Bharti Infratel, among others are being tracked by investors on Thursday.
Ashwani Gujral of ashwanigujral.com recommends selling Biocon, Ceat and Adani Enterprises.
According to Prakash Gaba of prakashgaba.com, 9750 is a crucial support to deal with and 9877 a strong resistance while he has buy recommendations on stocks including Bajaj Finserv, Biocon, HDIL and Jubilant Foodworks.
Rahul Shah, Associate VP, Equity Advisory Group of Motilal Oswal is of the view that one can buy Yes Bank and Kaveri Seed and can short Biocon.
Sudarshan Sukhani of s2analytics.com recommends buying Adani Ports, Ashok Leyland, Hindustan Petroleum Corporation and Bata India and advises shorting Idea Cellular.
Ashwani Gujral of ashwanigujral.com recommends selling Tata Motors DVR, LIC Housing Finance and CESC and advises also selling Aurobindo Pharma on rally.
Sudarshan Sukhani of s2analytics.com suggests buying GAIL India, Larsen and Toubro and Ujjivan Financial Services and advises selling Aurobindo Pharma and NTPC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Colgate Palmolive and Godrej Consumer and sell Dr Reddy's Labs and Lupin.
Regulatory woes continue for Biocon. The United States Foods and Drug Administration (USFDA) issued a form 483 with 10 observations to the Bangalore plant.