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 sell JSPL and Hindalco Industries and can buy VIP Industries.
Vishal Malkan of malkansview.com is of the view that one may buy Steel Authority of India with a target of Rs 75.
Vishal Malkan of malkansview.com advises buying Canara Bank with a target of Rs 270.
Ashwani Gujral of ashwanigujral.com suggests selling HDFC Bank and Canara Bank.
Mitessh Thakkar of miteshthacker.com advises selling Arvind with a target of Rs 372.
Ashwani Gujral of ashwanigujral.com recommends selling Steel Authority of India, IOC and Canara Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Punjab National Bank, Bank of Baroda and Canara Bank.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC Bank, Adani Enterprises , JP Associates, Coromandel International, Shriram Transport and Canara Bank.
"The index has to cross 10490 levels decisively to move higher and if it fails to cross this level, weakness could be seen towards 10290 and 10150 levels," says Rajesh Agarwal of AUM Capital.
Ruchit Jain of Angel Broking is of the view that one may buy Glenmark Pharma with a target of Rs 585.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, State Bank of India and Adani Enterprises.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Engineers India and Indian Oil and can buy Can Fin Homes.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company, Canara Bank, Punjab National Bank, Syndicate Bank, PC Jeweller and Dewan Housing Finance Corporation.
Rajat Bose of rajatkbose.com recommends buying PSU banks including Canara Bank and State Bank of India as well as Voltas and Jet Airways.
Mitessh Thakkar of miteshthacker.com recommends buying Castrol India with a stop loss of Rs 203.50 and target of Rs 214 and Cholamandalam Investment with a stop loss of Rs 1427 and target of Rs 1485.
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra with a stop loss of Rs 614 and target of Rs 635 and has a buy also on Tata Consultancy Services with a stop loss of Rs 3000, target of Rs 3150.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company with a stop loss of Rs 810, target of Rs 840, Reliance Industries with a stop loss of Rs 900, target of Rs 925 and a buy also on Jubilant Foodworks with a stop loss of Rs 1990, target of Rs 2050.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Canara Bank and Punjab National Bank and can buy Ashok Leyland.
Ashwani Gujral of ashwanigujral.com recommends selling Union Bank of India with a stop loss of Rs 100, target of Rs 88, Bank of India with a stop loss of Rs 106, target of Rs 94, Canara Bank with a stop loss of Rs 272, target of Rs 258 and ICICI Bank with a stop loss of Rs 300, target of Rs 285.
Sandeep Wagle of powermywealth.com recommends selling United Spirits and Canara Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy BPCL and PVR and can sell SBI, ICICI Bank, DHFL and Canara Bank.
CA Rudramurthy BV of Vachana Investments suggests selling ICICI Bank, Canara Bank and Indian Bank.
Ashwani Gujral of ashwanigujral.com recommends buying NCC with a stop loss of Rs 126, target of Rs 138 and Indraprastha Gas with a stop loss of Rs 300, target of Rs 315 while he advises selling IDBI Bank with a stop loss of Rs 76, target of Rs 68, Canara Bank with a stop loss of Rs 300, target of Rs 285 and Axis Bank with a stop loss of Rs 546, target of Rs 524.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Canara Bank and can buy Equitas Holdings, Mahanagar Gas and Castrol India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT Technologies and Indraprastha Gas and can sell Canara Bank.