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
Prakash Gaba of prakashgaba.com is of the view that one can hold Tata Coffee and prefers State Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Morepen Labs and Interglobe Aviation and can sell Coal India.
Mitessh Thakkar of miteshthacker.com recommends a sell on Eicher Motors with a stop loss of Rs 30700 for target of Rs 29250 and a buy on Engineers India around Rs 181-182 with a stop loss of Rs 178.90 for target of Rs 189.
Amit Gupta of ICICIdirect recommends buying Bajaj Auto, Canara Bank and Zee Entertainment.
Ashwani Gujral of ashwanigujral.com recommends buying Canara Bank, IndusInd Bank, Axis Bank, Just Dial, Cipla and Asian Paints.
Ashwani Gujral of ashwanigujral.com recommends selling Idea Cellular, PNB, Canara Bank, Union Bank of India, Bank of India and VIP Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial Services, State Bank of India and Dr Reddy's Laboratories.
Ashwani Gujral of ashwanigujral.com suggests buying Godrej Consumer, HDFC, Hindustan Unilever, Raymond, Uflex, Avanti Feeds and Mahanagar Gas.
Mitessh Thakkar of mitesshthakkar.com has a buy on Vijaya Bank with a target of Rs 66, a buy on NTPC with a target of Rs 190 and a buy Oil India Limited with a target of Rs 358.
Ashwani Gujral of ashwanigujral.com recommends buying Punjab National Bank, EID Parry and Canara Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy United Spirits, Apollo Tyres and Century Textiles and Industries and can sell Canara Bank and Cummins India.
Ashwani Gujral of ashwanigujral.com recommends buying Uflex, Canara Bank and Escorts.
The Nifty on Friday hit a fresh record high of 10,179.15, backed by banks as the Bank Nifty added 1.53 percent, up 372.30 points. The charge was largely led by Bank of India, Kotak Mahindra Bank and Canara Bank which were up over 2 percent each.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Oriental Bank of Commerce, Bank of India and Union Bank of India and can buy Aarti Industries and Century Plyboards.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Punjab National Bank and Canara Bank and can buy Britannia Industries.
The top loser in Nifty50 Index were Indiabulls Housing Finance followed by Bajaj Finance and State Bank of India while the stocks that hit new 52-week low on the Nifty were Amara Raja Batteries, Wockhardt and Reliance Communications.
Mitessh Thakkar of mitesshthakkar.com suggests buying Ashok Leyland, Tata Chemicals, Container Corporation of India, Nestle India and Canara Bank.
Vishal Malkan of malkansview.com is of the view that one may sell Tata Chemicals with a target of Rs 610.
Mitessh Thakkar of mitesshthakkar.com advises buying Bajaj Auto.
Vijay Chopra of enochventures.com is of the view that one may buy Mawana Sugars with a target of Rs 125.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell PNB, Canara Bank and MRF.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Andhra Bank, Petronet LNG, Canara Bank.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell Canara Bank, PVR and RBL Bank.
Vijay Chopra of enochventures.com advices buying Oil India with a target of Rs 335.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell MRF, Interglobe Aviation, Amara Raja Batteries and Vedanta and buy Sun Pharmaceutical Industries.