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
Aurobindo Pharma, L&T, Karnataka Bank, Indian Bank, REC Ltd, NTPC, DLF and Sun TV are looking attractive on technical setup.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Bhushan Steel, Karnataka Bank, DLF, SAI and Century Textiles.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy DLF, Carborundum Universal, NALCO and Bharti Infratel and can sell UPL and LIC Housing Finance.
The immediate resistance on Nifty is now placed at 10,400 odd levels which are needed to be taken out in the follow-up buying. The support levels have now shifted to 10300 - 10320 levels, says Mustafa Nadeem, CEO, Epic Research.
Glenmark Pharma, DLF, Hero Motocorp and Titagarh Wagons could give up to 28 percent return in the short term.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell UPL and Ceat and can buy DLF and BEML.
According to Technical Analyst Prakash Gaba of prakashgaba.com, any move above 9946 would propel the Nifty to 10041-10080 zones but looks like the Index is into a pause mode and so a dip is acceptable as long as 9850 holds.
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.
Rajat Bose of rajatkbose.com suggests buying DLF and advises selling Bata India.
Ashwani Gujral of ashwanigujral.com advises selling SBI, DLF and PVR.
Sameet Chavan of Angel Broking is of the view that one may sell Godrej Industries with a target of Rs 542.
According to Sandeep Wagle of powermywealth.com, one may sell Yes Bank and DLF.
Prakash Gaba of prakashgaba.com
Ashwani Gujral of ashwanigujral.com is of the view that one can buy UCO bank and Dena Bank and can sell DLF.
Sandeep Wagle of powermywealth.com is of the view that one can buy Cipla and sell DLF while can hold Piramal Enterprises and CRISIL.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell ICICI Bank, Jet Airways and DLF and advises buying Ajanta Pharma and Torrent Pharma.
There is likely potential risk of 6 percent equity issuance in DLF while the valuations look expensive for 3 percent FY19 return on equity, BofAML said in its report.
L&T, DLF, MRF and Prestige Estates, among others, are being tracked by investors on Friday.
Acccording to Ashwani Gujral of ashwanigujral.com, one can buy Larsen & Toubro, DLF and JM Financial.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Piramal Enterprises, L&T Finance Holdings and Indiabulls Real Estate and can sell BHEL and Apollo Hospitals.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Ashwani Gujral of ashwanigujral.com suggests buying DLF, Reliance Capital and BEML.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Asian Paints, Gruh Finance, HUDCO and Nalco and sell Bharat Forge.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indian Oil Corporation, Balrampur Chini and Dewan Housing Finance and sell Tata Motors and DLF.
Ashwani Gujral of ashwanigujral.com suggests buying ACC, L&T Finance Holdings and Voltas.