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
Sanjiv Bhasin of IIFL is of the view that one can pick Reliance Power, Power Grid and NTPC and is overweight on Coal India.
Tata Steel, IndusInd Bank, and ICICI Bank, among others are being tracked by investors today.
Dr Reddy’s Labs, Tata Global and Coal India, among others, are on the radar of analysts on Monday.
Mitessh Thakkar of miteshthacker.com recommends buying Radico Khaitan and Coal India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Eicher Motors and State Bank of India and sell Tata Motors DVR.
Rajat Bose of rajatkbose.com is of the view that one can sell Axis Bank and Cadila Healthcare and buy Coal India.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy GSFC, Jain Irrigation Systems and Coal India and sell Tata Chemicals.
Mitessh Thakkar of miteshthacker.com suggests buying Titan Company and Coal India.
Ashwani Gujral of ashwanigujral.com recommends buying Coal India, GSFC and Century Textiles and Industries.
Prakash Gaba of prakashgaba.com is of the view that crucial support still exists at 9840. Bank Nifty on the other hand has support at 24100 and resistance at 24511.
Vishal Malkan of malkansview.com recommends buying Vedanta with a target of Rs 328 and Bata India with a target of Rs 720.
According to Prakash Gaba of prakashgaba.com, for the Nifty 10005-10050 is a possibility as long as 9840 holds. The crucial support for the Index is at 9840 and the resistance is at 10005-10050. On the other hand, Bank Nifty has support at 24240 and resistance at 24511-24670.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ujjivan Financial and sell Coal India and Aurobindo Pharma.
Whenever the market struggles to clear a well-defined resistance zone (9,930-9,950), momentum tends to shift towards broader markets.
Motilal Oswal expects Axis Bank to report 1.3-1.4 percent return on assets (ROA) and 16 percent return on equity (RoE).
FIIs were net sellers in August as they sold more than Rs 10,000 crore worth of shares on global weakness, which dented market sentiment.
Sandeep Wagle of powermywealth.com suggests buying Bharat Electronics and Coal India.
Two brokerages, Motilal Oswal and Jefferies, had a bullish argument on the stock, and recommended their views to buy the stock with an increased target price.
Ashwani Gujral of ashwanigujral.com recommends buying Engineers India, UltraTech Cement and Future Lifestyle.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
BPCL, DLC and Coal India, among others are being tracked by investors on Wednesday.
Ashwani Gujral of ashwanigujral.com suggests buying Mahanagar Gas and SRF and advises selling Coal India.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Mahindra and Mahindra and Coal India and buy Manappuram Finance while can hold Tech Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Coal India and Punjab National Bank and buy Colgate Palmolive.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Dabur India, Jet Airways and TVS Motor Company and sell Coal India and SRF.