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 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.
Chandan Taparia of Motilal Oswal Securities suggests buying Canara Bank, Petronet LNG, Bharat Forge and Hindalco Industries.
Technical Analyst Prakash Gaba of prakashgaba.com is of the view that NIFTY has support at 9130 and resistance at 9218 while BANK NIFTY has support at 21200 and resistance at 21500.
Sandeep Wagle of powermywealth.com suggests buying Marico, Canara Bank and Just Dial.
Mitessh Thakkar of miteshthacker.com suggests buying Mahindra & Mahindra and Canara Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Axis Bank, Ceat and Canara Bank while he feels that DLF may test Rs 170.
Mitessh Thakkar of miteshthacker.com suggests buying Torrent Pharma, Wockhardt and Hindustan Unilever and aadvises selling Canara Bank and IDFC Bank.
After the public sector banks, private banks could also see some consolidation, believes SP Tulsian of sptulsian.com.
According to Ashwani Gujral of ashwanigujral.com, one can sell Canara Bank and Asian Paints and advises buying Bharat Forge.
The BSE today had a stellar listing on the NSE at Rs 1089, up 35 percent over the issue price of Rs 806. SP Tulsian of sptulsian.com, however, is not convinced with its valuation on back of low growth.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tech Mahindra, Mindtree and Canara Bank and advises buying KRBL and Hindustan Petroleum Corporation.
JP Morgan is overweight on USL with target at Rs 2500 per share as operating performance better than expectations despite demonetisation. It continues to deliver on its strategic intent of focusing on premium.brands. It says franchise model for select popular brands will improve operating model.
SP Tulsian of sptulsian.com, explains why he remains positive on PSU banks. He also shares his views on Trident Power and several paper stocks.
Avinash Gorakshakar, Market Expert advises holding Canara Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Canara Bank and Biocon and advises buying EID Parry.
In an interview with CNBC-TV18, analyst SP Tulsian talked about his views on the market and various stocks and sectors.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Canara Bank with a target of Rs 287.50.
Prakash Gaba, Technical Analyst at prakashgaba.com suggests going long in Canara Bank and advises shorting Hindustan Construction Company.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Canara Bank and buy CESC and Cairn India.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Harendra Kumar of Elara Capital shared his reading and outlook on the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Mahindra & Mahindra Financial Services and sell Jubilant Foodworks and Canara Bank.
Ashwani Gujral of ashwanigujral.com suggests selling Canara Bank and Hindalco Industries and advises buying Engineers India.
Rajat Bose of rajatkbose.com is of the view that one can sell Canara Bank and buy Jamna Auto.
Mitesh Thacker of miteshthacker.com recommends buying BEML and advises selling Canara Bank.