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 Gaurang Shah of Geojit Financial Services, one may prefer NIIT Technologies.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9540 and resistance at 9660-9713 while Bank Nifty has support at 23000 and resistance at 23500.
Mitessh Thakkar of mitesshthakkar.com suggests selling Indo Count Industries, KPIT Technologies and Reliance Power and advises buying NIIT Technologies and Bliss GVS Pharma.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Piramal Enterprises with a target of Rs 2750.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bajaj Finserv and Apollo Tyres and buy NIIT Tech.
Ashwani Gujral of ashwanigujral.com recommends buying Ambuja Cements while one can also look at buying Escorts, ICICI Bank and Sun YV.
Mitessh Thakkar of mitesshthakkar.com suggests buying ITC, NIIT Tech, Apollo Hospitals, BEML and McLeod Russel.
Sameet Chavan of Angel Broking suggests buying buying Larsen and Toubro (L&T) with a target of Rs 1645.
Mitessh Thakkar of miteshthacker.com suggests buying NIIT Tech and Exide Industries.
According to Mitessh Thakkar of miteshthacker.com, one can buy NIIT and Tata Coffee.
Mitessh Thakkar of miteshthacker.com suggests buying Andhra Bank, BHEL and Indiabulls Real Estate and advises selling Bharat Financial Inclusion and NIIT Technologies.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Marico with a target of Rs 283.
Jay Thakkar of Sharekhan advises selling JSW Energy with a target of Rs 59.80.
NIIT Tech will see an up-move in the short-term, as rise in Stochastic & RSI from their oversold zone & crossover of its short term averages.As per the current daily set-up, we believe REC will continue its up-move and soon record fresh 52-week high
Ashish Kyal of Waves Strategy Advisors advises buy Cairn India with a target of Rs 295.
Ashwani Gujral of ashwanigujral.com recommends buying Rashtriya Chemicals and Fertilisers, Can Fin Homes, NBCC, Bharat Financial Inclusion and Bajaj Finance.
Prakash Gaba of prakashgaba.com is of the view that NIIT Technologies can slide to Rs 400.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy UltraTech Cement, Siemens and Power Grid and sell NIIT Technologies and United Breweries.
Mitessh Thakkar of miteshthacker.com suggests buying Britannia Industries, Hero MotoCorp and NTPC and advises selling NIIT Tech and Petronet LNG.
Mitessh Thakkar of miteshthacker.com recommends selling Oil and Natural Gas Corporation and NIIT Technologies.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NTPC and Kajaria Ceramics and sell NIIT Technologies.
Mitesh Thacker of miteshthacker.com recommends buying NIIT Technologies and Siemens.
Sandeep Wagle of powermywealth.com is of the view that one can buy Arvind and Havells India and advises selling NIIT Technologies.
Mitesh Thacker of miteshthacker.com recommends buying NIIT Technologies and advises selling Bharti Infratel.