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
According to Mitessh Thakkar of mitesshthakkar.com, one may buy Ashok Leyland and Coal India.
Ashwani Gujral of ashwanigujral.com advises buying NIIT Technologies.
Mitessh Thakkar of mitesshthakkar.com advises selling Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Indiabulls Housing and Adani Ports.
Sameet Chavan of Angel Broking is of the view that oen may buy Just Dial with a target of Rs 420.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT Technologies and Uflex and can sell Voltas.
Mitessh Thakkar of miteshthacker.com suggests buying NIIT Technologies and Torrent Pharma.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell GSFC, Jet Airways and ACC and buy NIIT Technologies and South Indian Bank.
Mitessh Thakkar of miteshthacker.com suggests buying NIIT Technologies and Orient Paper.
Ashwani Gujral of ashwanigujral.com advises buying NIIT Technologies, Ujjivan Financial Services and NALCO.
Mitessh Thakkar of miteshthacker.com suggests buying Torrent Power.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy NIIT Technologies, NMDC and Ashok Leyland and sell Infibeam.
Vishal Malkan of malkansview.com advises buying Apollo Tyres with a target of Rs 270.
Prakash Gaba of prakashgaba.com feels that crucial support for the Nifty is at 9685 and the resistance is at 9860-9911 while he has four sell calls including DCB Bank, Escorts, JSPL and NIIT Technologies.
According to Gaurav Bissa of LKP Securities, one may buy Bajaj Auto and UPL and can sell NIIT Technologies.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Vedanta and Motherson Sumi and can sell NIIT Tech while one may hold Can Fin Homes.
Sudarshan Sukhani of s2analytics.com recommends buying PC Jeweller, NIIT Technologies and Muthoot Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell NIIT Technologies and SREI Infrastructure Finance and can buy CG Power and Industrial Solutions.
Kunal Saraogi of Equityrush is of the view that one may buy Indraprastha Gas with a target of Rs 1140.
Rajat Bose of rajatkbose.com is of the view that stocks including Caplin Point, NIIT Technologies and Berger Paints are buys.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini, Tata Motors, Escorts, NIIT Technologies and Tata Elxsi.
Rajat Bose of rajatkbose.com is of the view that one may buy HDFC Bank and NIIT Technologies and can sell Motherson Sumi Systems.
Prakash Gaba of prakashgaba.com is of the view that if Nifty continues to slide then the next logical technical target is 9466-9439-9400. The crucial support for the Nifty is at 9466-9439-9400 and the resistance is at 9560-9591.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Godfrey Phillips India with a target of Rs 1400.
Ashwani Gujral of ashwanigujral.com is of the view that Aditya Birla Money hit Rs 80 and advises not to go after pharma stocks.