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
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Chennai Petro and Godfrey Phillips.
Rajat Bose of rajatkbose.com suggests buying Balrampur Chini and Cummins India.
One needs to track sectors to identify emerging trends and companies within the sector that can leverage from the emerging trend.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Tata Communications, Dr Reddy's Laboratories, Mindtree and Cummins India.
Mitessh Thakkar of miteshthacker.com advises buying Axis Bank and Cummins India.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9840 and the resistance is at 10005-10050. Bank Nifty on the other hand has support at 24100 and resistance at 24511.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Torrent Power, V-Guard Industries and Tata Global Beverage and sell Repco Home Finance and Mindtree.
Sandeep Wagle of powermywealth.com advises buying Cummins India and Cholamandalam Investment.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland, HDFC, Vedanta and Canara Bank and sell Cummins India.
Prakash Gaba of prakashgaba.com is of the view that crucial support for Nifty is at 9750 and the resistance is at 9977-9988. On the other hand Bank Nifty has support at 24000 and resistance at 24750.
Sudarshan Sukhani of s2analytics.com recommends buying Zee Entertainment, Tata Consultancy Services and NTPC and advises selling Jain Irrigation Systems and Castrol India.
In an interview to CNBC-TV18, Ashwani Gujral of ashwanigujral.com advises which stocks to buy, sell or hold for handsome returns.
Mitessh Thakkar of mitesshthakkar.com suggests buying Voltas, M&M, Exide Industries, DCB bank and UPL.
Kunal Saraogi of Equityrush advises buying Godrej Consumer Products with a target of Rs 1035.
Ashish Kyal of Waves Strategy Advisors is of the view that oen may buy Bajaj Finserv with a target of Rs 5190.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Kajaria Ceramics and buy Cummins India.
Prakash Gaba of prakashgaba.com is of the view that the logical technical target of 9969 is still valid as long as 9792 holds. The crucial support for the Nifty is at 9792-9720 and the resistance is at 9916-9969. Bnak Nifty has support at 24000 and resistance at 24300.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Cummins India and sell Pidilite Industries.
Mitessh Thakkar of miteshthacker.com advises buying Cummins India and Capital First.
Sudarshan Sukhani of s2analytics.com suggests buying Mahindra and Mahindra, Infosys and HDFC and advises selling Cummins India and CESC.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Indian Oil Corporation and Cummins India and buy UPL, Siemens and Sun TV.
Cummins, TCS and DB Corp, among others are on analysts' radar on Thursday.
TVS Motors, Dabur India and Cummins India are on the radar of Motilal Oswal Securities
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Engineers India and Cummins India and buy Indiabulls Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Mahindra and Mahindra and Colgate Palmolive and sell Cummins India.