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
Watch the interview of SP Tulsian of sptulsian.com with Latha Venkatesh, Anuj Singhal, and Sonia Shenoy of CNBC-TV18, where he shared his readings and outlook on the fundamentals of the market, and specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Glenmark Pharma and Jain Irrigation Systems and can sell Biocon.
Sandeep Wagle of powermywealth.com recommends buying DCB Bank and Chennai Petroleum Corporation.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Asian Paints and DCB Bank and can sell Bharti Infratel.
Ashwani Gujral of ashwanigujral.com recommends buying Dredging Corporation, DLF and Motilal Oswal.
Pankaj Jain of SW Capital is of the view that one may buy HEG with a target of Rs 2215.
According to Shahina Mukadam, Independent Market Expert, one may stay invested in DCB Bank.
Sandeep Wagle of powermywealth.com is of the view that one may hold DCB Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy PC Jeweller with a target at Rs 458.
Vishal Malkan of malkansview.com advises buying Bata India with a target of Rs 765.
Ashwani Gujral of ashwanigujral.com suggests buying Indian Oil Corporation, Canara Bank and ICICI Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DCB Bank, Indiabulls Real Estate, Asian Paints and Tata Global Beverage and can buy Tata Steel and South Indian Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DCB Bank and National Aluminium Company and can buy Bata India.
The coming week being the expiry one, first half would be very important for our market as we expect some volatility to pick up and hence, we may see some clear moves thereafter, says Sameet Chavan, Chief Analyst- Technical Derivatives, Angel Broking.
Mitessh Thakkar of miteshthacker.com has a buy on Andhra Bank with a stop loss of Rs 61 for target of Rs 67.50 and a sell on Cadila Healthcare with a stop loss of Rs 472.50 for target of Rs 445.
Mitessh Thakkar of miteshthacker.com suggests buying Axis Bank with a stop loss of Rs 533 for target of Rs 565 and a buy on National Aluminium Company with a stop loss below Rs 85 for target of Rs 92 while he advises selling Cummins India below Rs 875 with stop loss of Rs 891 for target of Rs 845.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Axis Bank and can sell Cummins India, Capital First and DCB Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Enterprises, Aurobindo Pharma and Jubilant Foodworks and can short NMDC and DCB Bank.
Sandeep Wagle of powermywealth.com advises buying Bharat Financial and DCB Bank.
Vijay Chopra of enochventures.com is of the view that one may book profits in DCB Bank.
According to Prakash Gaba of prakashgaba.com, one may book profits in DCB Bank.
Ashwani Gujral of ashwanigujral.com advises selling DHFL and DCB Bank.
Traders might not like the current volatility in the market but for long-term investors, it is a golden opportunity to buy into quality stocks for a minimum holding period of 1 year.
According to Sharmila Joshi of sharmilajoshi.com, one may book profits in Federal Bank.
Ashwani Gujral of ashwanigujral.com suggests buying PNB Housing Finance, Bank of Baroda and DCB Bank.