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
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer Tata Global Beverage.
Rajat Bose of rajatkbose.com is of the view that one can buy Cipla and Escorts and can sell CG Power and Dewan Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying Canara Bank, IndusInd Bank, Axis Bank, Just Dial, Cipla and Asian Paints.
Consolidated profit during the quarter increased to Rs 435 crore from Rs 370 crore in year-ago, the company said.
Cipla, Lupin and Tata Motors, among others, being tracked by investors on Wednesday.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bajaj Finance and ICICI Prudential and can buy Tech Mahindra and Bharti Infratel while Britannia Industries is likely to outperform.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Cipla.
CA Rudramurthy BV, Research head at Vachana Investments suggests buying Glenmark Pharma, Cipla and Union Bank of India.
Prakash Gaba of prakashgaba.com suggests buying Apollo Tyres and Cipla.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Biocon, Cipla, HCL Technologies and LIC Housing Finance.
Mitessh Thakkar of miteshthacker.com recommends buying Aurobindo Pharma and BPCL.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Bajaj Finance and can buy Bajaj Auto, Cipla, Federal Bank, Tata Motors DVR and BEML.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Cipla, Sun Pharmaceutical Industries, Mahindra & Mahindra Financial Services, Tata Chemicals and Vedanta and advises a bull spread in Tata Communications.
Sudarshan Sukhani of s2analytics.com advises avoiding private banks and recommends buying Bajaj Auto, Cipla and Jubilant Foodworks.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the trend is still up, and the next logical technical target is 10315-10537 as long as 10000 holds. The crucial support for the Nifty is at 10000 and the resistance is at 10181-10200-10315-10537. Bank Nifty on the other hand has support at 24534 and resistance at 24785-24900.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Sun Pharma and Escorts and can sell Indiabulls Real Estate, United Spirits and Strides Shasun.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Kotak Mahindra Bank and Cipla and can sell SREI Infrastructure.
Sandeep Wagle of powermywealth.com is of the view that one can buy Cipla and sell DLF while can hold Piramal Enterprises and CRISIL.
Ashwani Gujral of ashwanigujral.com recommends buying Glenmark Pharma, Ajanta Pharma and Cipla.
Rajat Bose of rajatkbose.com is of the view that one can buy Cipla and sell Reliance Capital.
Rajat Bose of rajatkbose.com recommends buying Novartis, Cipla, Bajaj Auto and Rain Industries.
Mitessh Thakkar of miteshthacker.com suggests buying Cipla and Coal India.
Rajat Bose of rajatkbose.com suggests buying Cipla, Tata Elxsi and ACC.
Mitessh Thakkar of mitesshthakkar.com suggests buying Cipla, Oil India and Petronet LNG and advises selling Larsen & Toubro and Raymond.