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
Rajat Bose of rajatkbose.com is of the view that one may buy DLF, Can Fin Homes and Reliance Defence.
Ashwani Gujral of ashwanigujral.com is of the view that Balkrishna Industries is the best tyre stock and may test Rs 1900 while RIL will probably move sideways around Rs 1,340-1,350 zone.
Ashwani Gujral of ashwanigujral.com advises buy Escorts, LIC Housing and Can Fin Homes.
Ashwani Gujral of ashwanigujral.com advises buying Indraprastha Gas, Raymond and Jain Irrigation.
According to Ashwani Gujral of ashwanigujral.com, one may get into Indiabulls Housing, Dewan Housing Finance Corporation, Can Fin Home and PNB Housing.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer Whirlpool, Hitachi Homes, LIC Housing Finance and Bajaj Finance.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian ofsptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Ashwani Gujral of ashwanigujral.com suggests buying IndusInd Bank, Bajaj Finance and Britannia Industries.
Ashwani Gujral of ashwanigujral.com advises buying Repco Home Finance, Can Fin Homes and DHFL.
Rahul Shah of Motilal Oswal is of the view that one may buy Can Fin Homes and Godrej Industries and short Bank of Baroda.
Hemant Thukral of Aditya Birla Money recommends buying Can Fin Homes and India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying Can Fin Homes, Piramal Enterprises, Tata Communications, Tata Steel and Century Ply.
Prakash Gaba of prakashgaba.com is of the view that technically, the trend is still up and has not been compromised though it is stretched and so un-stretching is not ruled out. He feels that and the crucial support to watch still is 9580 and the resistance is at 9724.
The Nifty50, which reclaimed its crucial psychological level of 9,650 on Friday, could come under some selling pressure as it approaches 9,700 level which has proved to be crucial resistance zone for the index in the past.
In an interview to CNBC-TV18's Surabhi Upadhyay and Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Chandan Taparia of Motilal Oswal Securities suggests buying Dewan Housing Finance, Federal Bank and TVS Motor.
Ashwani Gujral of ashwanigujral.comis of the view that one may buy Tata Steel and sell GAIL India and ONGC.
Mitessh Thakkar of miteshthacker.com suggests buying Can Fin Homes and advises selling Ajanta Pharma.
According to Sandeep Wagle of powermywealth.com, one can buy Can Fin Homes and Cadila Healthcare.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Can Fin Homes, Coromandel International and Aurobindo Pharma.
VK Sharma of HDFC Securities suggests buying Can Fin Homes, L&T Finance Holdings, Kotak Mahindra Bank, Pidilite Industries, Century Textiles and Industries and Interglobe Aviation.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Federal Bank and Can Fin Homes.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9580-9540 and resistance at 9660-9713 while Bank Nifty has support at 23100 and resistance at 23500.
Sameet Chavan of Angel Broking recommends buying NMDC with a target of Rs 122 and Just Dial with a target of Rs 492.
Mitessh Thakkar of miteshthacker.com suggests buying Can Fin Homes and Tata Chemicals.