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
Ashwani Gujral of ashwanigujral.com suggests buying Canara Bank, Exide Industries and V-Guard Industries.
Vijay Chopra of enochventures.com recommends buying Punjab National Bank with a stoploss at Rs 165 and target of Rs 175 and SpiceJet with a stoploss at Rs 108 and target of Rs 116.
Ashwani Gujral of ashwanigujral.com recommends keeping real estate stocks in the portfolio and advises buying DCB Bank, Federal Bank and Canara Bank.
Sudarshan Sukhani of s2analytics.com suggests buying Punjab National Bank, Tata Chemicals and TVS Motor Company.
According to Jay Thakkar of Anand Rathi Securities, one may buy Mcleod Russel with a target of Rs 188.50.
Ashwani Gujral of ashwanigujral.com recommends buying Aurobindo Pharma, Canara Bank and City Union Bank.
We have collated a list of top five stocks which Rajesh Kothari of AlfAccurate Advisors is positive from his interview with CNBC-TV18.
Traders should keep a close eye on mentioned key levels and it’s advisable to look for stock specific moves in order to fetch higher returns in the forthcoming week.
According to CA Rudramurthy of Vachana Investments, one can buy Indiabulls Real Estate, HDIL and Canara Bank.
Nifty has a strong resistance near 9,275 levels sustain above said will unfold fresh targets.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Canara Bank, Indraprastha Gas and Power Grid and sell Bharat Financial Inclusion and Cipla.
If shooting star is an early indication of reversal then the formation of a bear candle on following day shows bulls are losing and bear seems to be in upper hand.
Vijay Chopra of enochventures.com suggests buying Jet Airways with a target of Rs 535.
Kunal Saraogi of Equityrush is of the view that one may buy Ashoka Buildcon with a target of Rs 216.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC around Rs 1400 and prefers buying Can Fin Homes over Canara Bank.
Gaurav Ratnaparkhi of Sharekhan advises buying HCC with a target of Rs 44.
Sudarshan Sukhani of s2analytics.com expects momentum in BoB and Canara Bank while advises selling Glenmark Pharma.
According to Ashwani Gujral of ashwanigujral.com, one can buy Blue Star and Canara Bank and sell Infosys.
Sandeep Wagle of powermywealth.com suggests buying Canara Bank and Voltas.
Mitessh Thakkar of miteshthacker.com recommends buying Indraprastha Gas and Bharti Infratel and likes Bajaj Finance and suggests selling Ceat and Canara Bank.
In an interview to CNBC-TV18, Manish Ostwal, Senior Research Analyst at Nirmal Bang Securities shared his readings about the buzz in Kotak Mahindra Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bharat Forge, GAIL India and Canara Bank and buy Hindustan Unilever and Adani Ports.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Delta Corp and Raymond and sell Bharat Forge, Canara Bank and Maruti Suzuki.
Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal Securities recommends buying Canara Bank, Petronet LNG and Lupin.