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
Mitessh Thakkar of miteshthacker.comn suggests buying State Bank of India and Union Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Ports, DCB Bank and Bank of Baroda and can sell Interglobe Aviation and Arvind while he feels that Godfrey Phillips may test Rs 1550.
Ashwani Gujral of ashwanigujral.com recommends buying Sun TV Network, Godfrey Phillips India and City Union Bank..
Ashwani Gujral of ashwanigujral.com recommends buying Axis Bank, Bharat Financial, Delta Corp and PSU banks.
Banks, pharma companies and a telecom tower company are on the radar of analysts today.
According to Ashwani Gujral of ashwanigujral.com, one can keep holding Maruti Suzuki as the stock may head to Rs 7500 while he prefers Union Bank of India and Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals, City Union Bank, Cummins India, BEML and Hindustan Unilever.
Ashwani Gujral of ashwanigujral.com recommends buying BEML, Mahindra & Mahindra and City Union Bank.
Sudarshan Sukhani of s2analytics.com suggests buying Punjab National Bank, Tata Chemicals and TVS Motor Company.
Prakash Gaba of prakashgaba.com is of the view that Bajaj Auto can climb to Rs 2880 while City Union Bank may test Rs 155.
Ashwani Gujral of ashwanigujral.com recommends buying Aurobindo Pharma, Canara Bank and City Union Bank.
Ashwani Gujral of ashwanigujral.com suggests buying HDIL, Brigade Enterprises and City Union Bank.
Ashwani Gujral of ashwanigujral.com is of the view that YES Bank may test Rs 1650 while one can look at City Union Bank, DCB Bank and Karnataka Bank.
Ashwani Gujral of ashwanigujral.com recommends buying City Union Bank, Kotak Mahindra Bank and Jet Airways.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Wockhardt, City Union Bank and Hindustan Unilever.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer City Union Bank.
Prakash Gaba of prakashgaba.com is of the view that one may pick City Union Bank.
In an interview to CNBC-TV18 Abhimanyu Sofat of IIFL shared his reading and outlook on the market.
Abhimanyu Sofat of IIFL is bullish on Bank of Baroda and State Bank of India and prefers City Union Bank.
AK Prabhakar of IDBI Capital is of the view that one may prefer AIA Engineering, Bharat Electronics, Castrol and Arvind.
Ashwani Gujral of ashwanigujral.com recommends buying Sun TV, Gayatri Projects, City Union Bank, Cairn India and Reliance Capital.
Watch the interview of Daljeet Singh Kohli of India Nivesh Securites with Reema Tendulkar & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com is of the view that United Spirits may test Rs 3000 while Lupin may hit Rs 1550.
Ashwani Gujral of ashwanigujral.com recommends buying Ambuja Cements, City Union Bank and SKS Microfinance.
According to Daljeet Singh Kohli of India Nivesh Securites, City Union Bank may hit Rs 105.