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
Prakash Gaba of prakashgaba.com feels that crucial support for the Nifty is at 9685 and the resistance is at 9860-9911 while he has four sell calls including DCB Bank, Escorts, JSPL and NIIT Technologies.
Rakesh Bansal of RK Global is of the view that one may buy M&M Finance with a target of Rs 447.
Vishal Malkan of malkansview.com advises buying Reliance Capital with a target of Rs 795.
Ashwani Gujral of ashwanigujral.com suggests buying UPL, DCB Bank and L&T Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell DCB Bank and Tata Motors and can buy Marico.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell MRF, Tata Communications and Union Bank of India and buy Torrent Power and Jubilant Foodworks.
Mitessh Thakkar of mitesshthakkar.com suggests buying Voltas, M&M, Exide Industries, DCB bank and UPL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hindustan Unilever, Reliance Industries, DCB Bank and Hero MotoCorp and sell SRF and Just Dial.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Sona Koyo Steering Systems with a target of Rs 125.
The recently listed companies undoubtedly bring their own unique moats to investors. However, somewhere while appreciating the strengths of the businesses, investors have taken their eyes off valuations.
Gaurang Shah of Geojit Financial Services is of the view that one may book some profits in DCB Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy CESC and DCB Bank and can sell Bhushan Steel, Indian Oil Corporation and Pidilite Industries.
DCB Bank, Infosys and ITC, among others are on the radar of investors on Monday.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is placed at 9850 and the resistance is at 9916-9969 while Bank Nifty has support at 23750 and resistance at 24000-24300.
Sumeet Jain of Destimoney Securities advises buying DCB Bank with a target of Rs 209.
Ashwani Gujral of ashwanigujral.com feels that Indiabulls Housing Finance may test Rs 1250 and DCB Bank may move to Rs 230.
Ashwani Gujral of ashwanigujral.com recommends buying DCB Bank, Sobha and Bharat Financial Inclusion.
Ashish Kyal of Waves Strategy Advisors suggests buying BPCL with a target of Rs 690 and Mindtree with a target of Rs 570.
Vishal Malkan of malkansview.com recommends buying Zuari Agro Chemicals with a target of Rs 425 and Deepak Fertilisers with a target of Rs 330.
Ashwani Gujral of ashwanigujral.com recommends buying Karnataka Bank, IDFC Bank and Yes Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DCB Bank and Kotak Mahindra Bank and buy Bharti Infratel.
Vishal Malkan of malkansview.com is of the view that one may buy DCB Bank with a target of Rs 208.
Ashwani Gujral of ashwanigujral.com recommends buying Motherson Sumi Systems, Cholamandalam Investment and DCB Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell PVR and DCB Bank and buy Reliance Infra.
recommends buying Reliance Industries, DCB Bank and Federal Bank.