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
Aditya Agarwal of Way2Wealth Brokers said if Nifty breaches 10,200 than bullish view will be negated and, in that scenario, indices can test their previous lows of 10,000
 
                                                                                            Rajesh Agarwal of AUM Capital recommends buying Bandhan Bank with stop loss at Rs 367 and target of Rs 400, ICICI Bank with stop loss at Rs 309 and target of Rs 325 and SRF with stop loss at Rs 1754 and target of Rs 1838.
 
                                                                                            The government raised basic customs duties across air conditioners, refrigerators, washing machines (
 
                                                                                            Traders can sell the stock at current level and add shorts on some technical bounce around Rs 1355-1360 with a stop loss above Rs 1378 for target of Rs 1295 and Rs 1280, says Abhishek Mondal of Guiness Securities.
 
                                                                                            Ashwani Gujral of ashwanigujral.com suggests buying Dr Reddy's Labs with a stop loss of Rs 2470, target of Rs 2550, NIIT Tech with a stop loss of Rs 1395, target of Rs 1430 and Bank of Baroda with a stop loss of Rs 148, target of Rs 160.
 
                                                                                            Considering the derivatives expiry next week, Vikas Jain of Reliance Securities expects the market to remain volatile with respect to rollover movements in individual sectors and stocks
 
                                                                                            Rajesh Agarwal of AUM Capital recommends buying Century Textiles & Industries with stop loss at Rs 896 and target of Rs 945, Tata Motors with stop loss at Rs 261 and target of Rs 283 and Bharat Forge with stop loss at Rs 620 and target of Rs 647.
 
                                                                                            Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy ACC with a stop loss of Rs 1299 and target of Rs 1345 and sell Escorts below Rs 873 with stop loss of Rs 900 and target of Rs 830 and also sell Bank of India with a stop loss of Rs 94.2 and target of Rs 88.
 
                                                                                            Sudarshan Sukhani of s2analytics.com is of the view that one can sell Can Fin Homes with stop loss at Rs 348 and target of Rs 333 and also sell Ceat with stop loss at Rs 1322 and target of Rs 1262 while one can buy Godrej Consumer Products with stop loss at Rs 1155 and target of Rs 1185.
 
                                                                                            Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell DCB Bank with a stop loss of Rs 181.50 and target of Rs 172 and buy Hindustan ZInc with a stop loss of Rs 295 and target of Rs 317 and United Breweries with a stop loss of Rs 1249 and target of Rs 1310.
 
                                                                                            The index has a string of resistances placed between 10,700 and 10,800 levels which could act as a crucial resistance level in the May series. Hence, technical experts advice investors to remain stock specific as trading in benchmark indices could turn rangebound.
 
                                                                                            Here is a list of 3 trading ideas which could give up to 14% return in the short term.
 
                                                                                            "The stock is forming right shoulder of the pattern. Hereon, it is expected to head towards the neckline and can eventually breakout on the upside," says Rohit Srivastava, fund manager – PMS Sharekhan by BNP Paribas.
 
                                                                                            “The recent hurdle placed around 10640 has been crossed on a closing basis and thus we may see an extension of this move towards 10,750 – 10,800 in coming days. On the lower side, the immediate base seems to have shifted higher towards 10,640 – 10,600 (earlier hurdle becomes support) from 10,495,” said Sameet Chavan of Angel Broking.
 
                                                                                            Rajesh Agarwal of AUM Capital recommends buying Reliance Industries with target at Rs 1039 and stop loss at Rs 960 and L&T Finance Holdings with target at Rs 178 and stop loss at Rs 163.
 
                                                                                            Ashwani Gujral of ashwanigujral.com recommends buying Ceat, Jindal Steel & Power and State Bank of India.
 
                                                                                            Mitessh Thakkar of miteshthacker.com recommends buying Dabur India with a stop loss of Rs 319.90 and target of Rs 332, a buy on Motherson Sumi Systems with a stop loss of Rs 302 and target of Rs 324 and a sell on Pidilite Industries with a stop loss of Rs 886 and target of Rs 844.
 
                                                                                            Gaurang Shah of Geojit Financial Services is of the view that one may prefer Ceat for long term.
 
                                                                                            Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Infosys and Ceat and sell HDFC and M&M Financial Services.
 
                                                                                            Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Ceat and Bajaj Finance.
 
                                                                                            Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, Rural Electrification Corporation and Ceat.
 
                                                                                            Ashwani Gujral of ashwanigujral.com advises buying JSW Steel and Ceat.
 
                                                                                            Morgan Stanley has upgraded Ashok Leyland to Overweight from equal-weight and raised target price to Rs 151 from Rs 101.30 per share.
 
                                                                                            Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharmaceutical Industries, RBL Bank and CG Power.
 
                                                                                            Sudarshan Sukhani of s2analytics.com is of the view that one may buy Apollo Tyres, Infosys, L&T, Asian Paints and Ceat.