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.com recommends buying TCS and Container Corporation of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell UPL and Apollo Tyres and can buy Tata Consultancy Services.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy PC Jeweller with a target at Rs 458.
Mitessh Thakkar of miteshthacker.com suggests buying Amara Raja Batteries, Tata Global Beverage, Container Corporation and ICICI Prudential.
Ruchit Jain of Angel Broking advises buying Jubilant Lifescience with a target of Rs 724.
Rakesh Bansal of RK Global advises buying Compuage Infocom with a target of Rs 75.
Sameet Chavan of Angel Broking is of the view that one may buy Kesoram Industries with a target of Rs 161.
Jay Thakkar of Anand Rathi Securities is of the view that one may sell Hindustan Zinc Future with a target of Rs 290.7.
Prakash Gaba of prakashgaba.com is of the view that one may hold Container Corporation of India.
Jay Thakkar of Anand Rathi Securities advises buying BF Utilities with a target of Rs 516.
Mitessh Thakkar of miteshthacker.com suggests buying Container Corporation of India and Adani Power.
According to Way2Wealth Brokers, being the expiry week, the markets are likely to be quite choppy and big stock specific movement will be there as per rollover positions. On the lower side, maximum put writing has been seen at 10000 strike option and that will prove as strong support whereas on the call writing at 10200-10300 will act as stiff resistance in short term.
Mitessh Thakkar of mitesshthakkar.com suggests buying Ashok Leyland, Tata Chemicals, Container Corporation of India, Nestle India and Canara Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Future Lifestyle, Container Corporation of India, Sun TV, Delta Corp and IIFL Holdings.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Container Corporation of India, Indian Oil Corporation, Essel Propack and Godrej Properties and sell Mahindra and Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying Indian Oil Corporation, Container Corporation of India, Essel Propack, Godrej Properties and Britannia Industries.
Kunal Saraogi of Equityrush is of the view that one may buy Ujjivan Financial with a target of Rs 375.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Hindalco Industries and Reliance Industries.
Sandeep Wagle of powermywealth.com is of the view that one can sell PC Jeweller and buy Container Corporation of India.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC securities recommends buying Lupin, Sun Pharmaceutical Industries, ICICI Bank and Container Corporation of India.
Mitessh Thakkar of mitesshthakkar.com suggests selling Dabur India and Apollo Tyres and advises buying Container Corporation of India, Aptech and Future Consumer.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Container Corporation of India, TVS Motor and Future Consumer and can sell Indo Count Industries and Bank of Baroda.
Gaurav Bissa of LKP Securities recommends selling State Bank of India and buy Container Corporation of India.
The Nifty50 which opened with a slight gap on the upside on Tuesday is likely to face stiff resistance around 9,850-9,880 levels.
Jay Thakkar of Anand Rathi Securities is of the view that one may buy United Spirits with a target of Rs 2720.