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 suggests buying Vedanta and Dabur India.
Ashwani Gujral of ashwanigujral.com suggests selling Dabur India and buy L&T Finance Holdings and JSW Steel.
Ambareesh Baliga, Independent Market Expert is of the view that UltraTech Cement, Asian Paints, Whirlpool and GMR Infra are good bets.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Capital and can sell Capital First and BPCL.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying Asian Paints, Mahindra and Mahindra, Sun Pharmaceutical Industries, Kotak Mahindra Bank, Dabur India and HUDCO.
According to Technical Analyst Prakash Gaba of prakashgaba.com, support for Nifty is placed at 9620-9560 and the resistance is at 9724 while on the other hand Bank Nifty has support at 23230 and resistance at 23715.
In an interview to CNBC-TV18's Reema Tendulkar and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on the fundamentals of the market and specific stocks.
Sudarshan Sukhani of s2analytics.com suggests buying Apollo Tyres, SpiceJet and Dabur India.
Mitessh Thakkar of mitesshthakkar.com advises buying Balkrishna Industries and Dabur India.
Mitessh Thakkar of mitesshthakkar.com advises buying Interglobe Aviation and Adani Ports.
TVS Motors, Dabur India and Cummins India are on the radar of Motilal Oswal Securities
Mitessh Thakkar of mitesshthakkar.com suggests selling RBL Bank, Zee Entertainment and advises buying Cholamandalam Investment and Dabur India.
Chandan Taparia of Motilal Oswal Securities is of the view that one may buy TVS Motor and Dabur India.
Ashoka Buildcon, Grindwell Norton and Dabur India are on the radar of Anand Rathi Advisory
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Marico and Eicher Motors.
Ashwani Gujral of ashwanigujral.com suggests buying Dabur India and Federal Bank.
The immediate support base for the index is placed at 9,350 region as it is the confluence of lower band of rising channel and higher bottom formed in last week trade.
Mitessh Thakkar of mitesshthakkar.com suggests selling Bajaj Auto, Dabur India, Granules India and PVR while he advises buying Voltas.
Ruchit Jain of Angel Broking advises buying HPCL with a target of Rs 521.
Mitessh Thakkar of mitesshthakkar.com suggests buying Tata Motors and advises selling Dabur India if the stock breaks below Rs 270.
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.
Ashwani Gujral of ashwanigujral.com suggests buying State Bank of India, L&T Finance Holdings and Dabur India while he feels that Capital First may test Rs 1000.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Indiabulls Real Estate and Dabur India and buy Polaris Consulting & Services.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Dabur India and sell Jain Irrigation Systems and Dewan Housing Finance.
Ambareesh Baliga, Market Expert is of the view that Hindustan Unilever may test Rs 1200 in 1 year.