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 mitesshthakkar.com is of the view that one may buy DLF on dips.
Rajat Bose of rajatkbose.com suggests buying Bajaj Finance, Exide Industries and V-Guard Industries.
Prakash Gaba of prakashgaba.com recommends buying DLF with target at Rs 260 and stop loss at Rs 237, a buy on Larsen & Toubro with a target at Rs 1256 and stop loss at Rs 1222 and a buy also on NIIT Tech with target at Rs 660 and stop loss at Rs 662.
Vijay Chopra of enochventures.com is of the view that one may buy Jet Airways with a target of Rs 740.
According to Vijay Chopra of enochventures.com, one may hold Sintex Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Sun TV Network, United Breweries and UltraTech Cement.
Promoters are set to infuse funds post completion of commercial assets.
Havells, Glenmark Pharma and Jubilant Food, among others, are being tracked by analysts on Wednesday.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Global Beverage with a stop loss of Rs 278, target of Rs 294, DLF with a stop loss of Rs 235, target of Rs 242 and a buy also on KEC International with a stop loss of Rs 338, target of Rs 360.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy DLF, Infosys and HCC and hold Coal India and can sell HDIL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Balkrishna Industries, Ajanta Pharma and Dabur India and can sell BEML and IDFC Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Colgate Palmolive, DLF and Tata Elxsi and can hold MMTC and Tata Communications.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Canara Bank, DLF, Kolte Patil and NBCC.
The company’s Board approved issue of debentures and warrants to promoters in lieu of Rs 11,250 crore equity infusion into the company, as part of its objective to reduce net debt significantly.
Markets face intense selling with Sensex losing by 450 points while Nifty tumbling by a huge 135 points and close below the 10250 mark on the expiry day of F&O segment. The support for the day is seen at 10170 while resistance is seen at 10270.
Sandeep Wagle of powermywealth.com is of the view that one may buy DLF.
Ashwani Gujral of ashwanigujral.com has a buy on Jet Airways with a stop loss of Rs 650, target of Rs 675, a buy on Arvind with a stop loss of Rs 440, target of Rs 465 and a buy on United Spirits with a stop loss of Rs 3350, target of Rs 3500.
Ruchit Jain of Angel Broking is of the view that one may buy Brigade Enterprises with a target of Rs 330.
Ashwani Gujral of ashwanigujral.com has a buy on Titan Company with a stop loss of Rs 820, target of Rs 855 and DLF with a stop loss of Rs 224, target of Rs 238.
Real Estate stocks have been buzzing off late. In an interview to CNBC-TV18, Adhidev Chattopadhyay of ICICI Securities shared his views and readings on the sector.
Gaurang Shah of Geojit Financial Services is of the view that one may sell DLF on rallies.
Mitessh Thakkar 0f mitesshthakkar.com has a buy on Ajanta Pharma with a stop loss of Rs 1237, target of Rs 1360 and a buy on DLF with a stop loss of Rs 215, target of Rs 245.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Maruti Suzuki, DLF and Ajanta Pharma.
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.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Andhra Sugar with a target of Rs 650.