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
Now, a break above 9,650 would strengthen the bullish argument till that time the index is likely to trade in a range.
Ashwani Gujral of ashwanigujral.com advises buying Bharat Forge, Colgate Palmolive, Federal Bank and India Cements.
Sameet Chavan of Angel Broking advises buying Century Textiles and Industries with a target of Rs 1155.
Mitessh Thakkar of miteshthacker.com suggests buying Federal Bank and feels that above Rs 1085, Colgate Palmolive may test Rs 1120.
Mitessh Thakkar of mitesshthakkar.com advises buying Interglobe Aviation and Adani Ports.
Chandan Taparia of Motilal Oswal Securities is of the view that one may buy TVS Motor and Dabur India.
SBI, Tata Motors and KEC, among others are being tracked by analysts on Tuesday.
Prakash Gaba of prakashgaba.com is of the view that one can hold Ambuja Cements for long term.
Pankaj Jain of SW Capital is of the view that Tata Steel looks strong for target price of Rs 560 in next couple of months.
Pankaj Jain of SW Capital says that one can avoid RBL Bank at the current level.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Forge, NHPC and Caplin Point and has a sell on Ramco Cement below Rs 670.
Ashwani Gujral of ashwanigujral.com recommends buying Maruti Suzuki, Colgate Palmolive, Bharat Forge, Muthoot Finance and DCB Bank.
Mitessh Thakkar of miteshthacker.com suggests buying Colgate Palmolive and ICICI Prudential Life Insurance.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Mahindra and Mahindra and Colgate Palmolive and sell Cummins India.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Colgate Palmolive.
Mitessh Thakkar of mitesshthakkar.com advises buying Colgate Palmolive.
Rajat Bose of rajatkbose.com is of the view that one can buy ACC and Bharat Forge and sell Colgate Palmolive.
VK Sharma, Head of Business-Private Client Group at HDFC Securities recommends buying Reliance Industries, Colgate Palmolive and Britannia Industries.
Mitessh Thakkar of miteshthacker.com suggests buying Colgate Palmolive and HDFC and advises shorting Allahabad Bank.
Rajat Bose of rajatkbose.com is of the view that Vedanta may test Rs 219 while Colgate Palmolive may hit Rs 983.
The single tax would replace 17 indirect tax levies and improve taxation efficiency. Most goods are placed under the four slabs of services tax i.e. 5, 12, 18 and 28 percent.
VK Sharma, Head of Business-Private Client Group at HDFC Securities is of the view that one may buy Colgate Palmolive 980 Call.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Cummins India while Colgate Palmolive may hit Rs 1150.
Sudarshan Sukhani of s2analytics.com suggests selling Kaveri Seed Company, Colgate Palmolive (India) and Cipla and advises buying Mahindra and Mahindra and DCB Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Bata India while he feels that TVS Motor may test Rs 580-600.