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 can buy Maruti Suzuki, Ashok Leyland, Aurobindo Pharma, Federal Bank, DHFL and JSW Steel and can sell Indiabulls Real Estate.
Gaurang Shah of Geojit Financial Services is of the view that one may hold Dewan Housing Finance Corporation.
There was plenty of stock specific action as nearly 130 stocks rose to a fresh 52-week high on the BSE.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company, Hindalco Industries and Dewan Housing Finance.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the momentum seems to be shifting and so all rallies needs to be sold into until 10074 is taken out. The crucial support for the Nifty is at 9922-9877 and the resistance is at 10035. On the other hand, Bank Nifty has support at 24000 and resistance at 24534.
Ashwani Gujral of ashwanigujral.com recommends selling Dewan Housing Finance, LIC Housing Finance and Hindustan Petroleum Corporation.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Arvind, Havells India and L&T Finance Holdings and can sell Oriental Bank of Commerce.
Ashwani Gujral of ashwanigujral.com recommends buying Bombay Burmah, Delta Corp, Future Consumer and UPL.
Gaurang Shah of Geojit Financial Services advises buying Dewan Housing Finance Corporation.
According to Prakash Gaba of prakashgaba.com, one may buy Dewan Housing Finance Corporation on dips.
The S&P BSE Sensex gained nearly 4,000 points or 13 percent since last Diwali and expectations are that the rally could take the index to fresh highs in 2017 itself.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Whirlpool and Hindalco Industries and can sell Dewan Housing Finance.
Rajat Bose of rajatkbose.com is of the view that one may buy Glenmark Pharma.
Ashwani Gujral of ashwanigujral.com feels that Kajaria Ceramics may test Rs 800-850.
Ruchit Jain of Angel Broking is of the view that one may sell Dish TV with a target of Rs 66.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the Nifty is in a pause mode on higher time frame. Technically, now it’s make or break setup and if it closes above 9946 then the technical targets in the days to come would be 10001-10043-10080 with crucial level to watch would be 9850.
Ahead of the The Researve Bank of India's monetary policy meeet, interest rate sensitive stocks including the likes of real Estate, NBFCs and auto stocks were trading in the green while banking stocks were mixed with SBI trading positive and ICICI Bank, HDFC Bank and Axis Bank in the red.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland, GAIL India and Hindustan Zinc and can sell Amara Raja Batteries.
Ashwani Gujral of ashwanigujral.com recommends buying Ashok Leyland, TVS Motor Company, Bajaj Auto, Dewan Housing Finance and Bombay Burmah Trading Company.
Ashwani Gujral of ashwanigujral.com advises holding Future Consumer with a stop loss at Rs 50.
Ashwani Gujral of ashwanigujral.com recommends buying Ashok Leyland, VIP Industries and Dewan Housing Finance.
Ashwani Gujral of ashwanigujral.com advises buying DHFL and Jaiprakash Associates.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Titan Company and Hindustan Unilever.
Ashwani Gujral of ashwanigujral.com advises buying DHFL and Petronet LNG.
Sandeep Wagle of powermywealth.com is of the view that one may buy Petronet LNG and Dewan Housing Finance.