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 suggests buying Ceat and IDFC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Divis Laboratories, Ceat and DLF and sell Kaveri Seed and PNB.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Ceat and Canara Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Divis Laboratories, Hexaware Technologies and MRPL and can sell Bharti Infratel and Just Dial.
Watch the interview of SP Tulsian of sptulsian.com with Anuj Singhal, Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on fundamentals of market and specific stocks.
Prakash Gaba of prakashgaba.com advises buying Bajaj Auto with target at Rs 3320.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC Bank, Tata Steel, Interglobe Aviation, V-Guard Industries and Bombay Dyeing.
Ashwani Gujral of ashwanigujral.com has a buy on Rain Industries with a stop loss of Rs 315, target of Rs 332, a buy on United Breweries with a stop loss of Rs 1090, target of Rs 1150 and a buy on Sun Pharma Advanced Research with a stop loss of Rs 410, target of Rs 435.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Titan Company, Tata Elxsi, Ceat, Kajaria Ceramics, Bajaj Auto and Sun Pharmaceutical Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indraprastha Gas, MOIL and Ceat and can hold Gravita India.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer MRF and Ceat.
While having a buy call on PVR with a target at Rs 1,625 per share, CLSA said company's management expects advertising revenues to grow by 15-18 percent over the next two years.
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks and sectors.
Watch the interview of SP Tulsian of sptulsian.com with Anuj Singhal, Latha Venkatesh and Surabhi Upadhyay on CNBC-TV18. He shared his readings and outlook on Rajratan Global Wire stock.
Prakash Gaba of prakashgaba.com is of the view that Ceat may test Rs 1775 while Vedanta looks weak.
Mitessh Thakkar of miteshthacker.com has a buy on Bharat Electronics with a stop loss below Rs 179.90 for target of Rs 195, a buy on Ceat in range of Rs 1780-1795 with stop loss of Rs 1755 for target of Rs 1860 and a buy on GSFC with a stop loss of Rs 159 for target of Rs 172.
According to Ashwani Gujral of ashwanigujral.com, one can buy Ceat and United Breweries.
Prakash Gaba of prakashgaba.com suggests shorting Asian Paints and Ceat and feels that Indiabulls Housing Finance can climb to Rs 1400.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell UPL and Ceat and can buy DLF and BEML.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the trend is still up and there is a good chance that some sluggishness may creep in these upper regions. The crucial support for the Nifty is at 9900 and the resistance is at 10041-10080. On the other hand Bank Nifty has support at 24000 and resistance at 24312-24400.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever, Ceat and Tata Steel.
Sandeep Wagle of powermywealth.com suggests buying Ceat and Sun Pharmaceutical Industries.
Mitessh Thakkar of mitesshthakkar.com advises selling Ceat and Godfrey Phillips.
Deutsche Bank initiated a buy call on MRF with a target price of Rs 80,000 which translates into a potential upside of 25 percent from current levels.
L&T, DLF, MRF and Prestige Estates, among others, are being tracked by investors on Friday.