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
Nifty added on to its morning gains on Thursday with the index inching up 47.45 points at 10,032.80 while the Sensex added 132.86 points at 31,966. Vedanta, Lupin, Sun Pharma along with TCS were some of the top gainers in the Nifty.
Ashwani Gujral of ashwanigujral.com recommends buying CESC, TV Today Network and SRF.
Ashwani Gujral of ashwanigujral.com recommends buying CESC, GAIL India and Tata Chemicals.
Asain Paints, CESC, Vedanta, Gail India and Tata Global Beverages could give up to 12% return in short-term.
Mitessh Thakkar of miteshthacker.com suggests buying Tata Communications and CESC and has a positive view on Tata Motors.
Vishal Malkan of malkansview.com is of the view that one may sell Tata Chemicals with a target of Rs 610.
According to Mitessh Thakkar of mitesshthakkar.com, one may buy Ashok Leyland and Coal India.
According to Gaurav Bissa of LKP Securities, one may sell CESC.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bharti Airtel, Castrol India and Aurobindo Pharma and can buy CESC, JSW Steel, Dabur India, Dewan Housing Finance, Reliance Industries and Zee Entertainment.
Ashwani Gujral of ashwanigujral.com recommends buying CESC, Escorts, Indraprastha Gas, Chennai Petroleum and Welspun Corp.
Ashwani Gujral of ashwanigujral.com suggests buying IndusInd Bank, Raymond and CESC and advises holding Yes Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IIFL Holdings, Yes Bank, IGL and Bajaj Finance and feels that Divis Lab is likely to hit Rs 1000.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy CESC and Chennai Petroleum Corporation while one can avoid Axis Bank.
Mitessh Thakkar of miteshthacker.com is of the view that CESC likely to head higher and advises buying Indiabulls Housing Finance and sell Tata Motors DVR.
Indiabulls Housing, Thermax and steel, among others, are being tracked by investors on Thursday.
Tech Mahindra, Sun TV and Bharat Fin, among others, are on the radar of investors on Tuesday.
Ashwani Gujral of ashwanigujral.com recommends buying DHFL, Vedanta, MOIL, CESC and Bharat Financial Inclusion.
Analysts feel, historically, September has been a trending month for the market that is closer to its record high; hence, it will be an interesting month to watch for. They don't rule out new highs in the current month.
Sandeep Wagle of powermywealth.com recommends buying CESC and Reliance Capital.
Ashwani Gujral of ashwanigujral.com recommends buying Kotak Mahindra Bank, Asian Paints and CESC.
Yogesh Mehta of Motilal Oswal Securities suggests buying CESC, Dewan Housing Finance and RBL Bank.
In an interview to CNBC-TV18, Pawan Parakh, Research Analyst at BOB CAPS shared his views and readings on CESC and NTPC.
Mitessh Thakkar of mitesshthakkar.com recommends buying CESC, Balrampur Chini and Nestle India and advises selling Amara Raja Batteries and NHPC.
Ruchit Jain of Angel Broking advises buying Pidilite Industries with a target of Rs 855.