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
Sharmila Joshi of sharmilajoshi.com advises exiting Torrent Power.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer DCB Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Balaji Telefilms on dips.
Ashwani Gujral of ashwanigujral.com recommends buying Maruti Suzuki, Colgate Palmolive, Bharat Forge, Muthoot Finance and DCB Bank.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying Karnataka Bank 180 Call, M&M 1440 Call and TVS Motor Company 540 Call while he likes DCB Bank.
Mitessh Thakkar of miteshthacker.com suggests buying ACC, Balkrishna Industries, DCB Bank, Prestige Estates and Polaris Consulting.
Ashwani Gujral of ashwanigujral.com recommends buying Voltas, Hindustan Unilever, DCB Bank, India Cements and GSPL.
Nifty has support at 9580-9540 and resistance at 9660-9713 while Bank Nifty has support at 23100 and resistance at 23600, says Prakash Gaba of prakashgaba.com.
Ashwani Gujral of ashwanigujral.com suggests buying RBL Bank, Karnataka Bank and DCB Bank.
In an interview to CNBC-TV18, Aalok Shah, Analyst-Banking & Financial Services at Centrum Broking shared his readings and outlook on the banking space.
Ruchit Jain of Angel Broking advises buying HPCL with a target of Rs 521.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy BEML and DCB Bank and buy Yes Bank.
Sudarshan Sukhani of s2analytics.com suggests selling Kaveri Seed Company, Colgate Palmolive (India) and Cipla and advises buying Mahindra and Mahindra and DCB Bank.
According to Ashwani Gujral of ashwanigujral.com, one can buy Balkrishna Industries, DCB Bank and Coal India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Ports, DCB Bank and Bank of Baroda and can sell Interglobe Aviation and Arvind while he feels that Godfrey Phillips may test Rs 1550.
Ashish Kyal of Waves Strategy Advisors advises selling Divis Laboratories Future with a target of Rs 610.
Vijay Chopra of enochventures.com recommends buying Punjab National Bank with a stoploss at Rs 165 and target of Rs 175 and SpiceJet with a stoploss at Rs 108 and target of Rs 116.
Ashwani Gujral of ashwanigujral.com recommends keeping real estate stocks in the portfolio and advises buying DCB Bank, Federal Bank and Canara Bank.
According to Ashwani Gujral of ashwanigujral.com, one can keep holding Maruti Suzuki as the stock may head to Rs 7500 while he prefers Union Bank of India and Bank of India.
Ashwani Gujral of ashwanigujral.com feels that Karnataka Bank may test Rs 190.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals, City Union Bank, Cummins India, BEML and Hindustan Unilever.
According to Prakash Gaba of prakashgaba.com, one may hold DCB Bank.
Gaurang Shah of Geojit Financial Services feels that DCB Bank may test Rs 190-195.
Ashwani Gujral of ashwanigujral.com recommends buying DCB Bank, Indraprastha Gas and Karnataka Bank.
Ashwani Gujral of ashwanigujral.com recommends buying DCB Bank, JSW Steel and Oriental Bank of Commerce.