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 may buy Bajaj Auto, Cipla and DLF and can sell Tata Communications and Amara Raja Batteries.
Traders should be very cautious at these higher levels whereas any dip should be treated as an opportunity of going long.
Rakesh Bansal of RK Global is of the view that one may buy Bharat Forge with a target of Rs 1197.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Asian Paints and DLF and can sell Arvind and GAIL India.
CA Rudramurthy of Vachana Investments suggests buying DLF, Federal Bank and TV18 Broadcast.
Rajat Bose of rajatkbose.com is of the view that one may buy DLF, Can Fin Homes and Reliance Defence.
DLF,Avenue Supermarts,State Bank of India, and Infosys are on the radar of Kotak Securities
Mitessh Thakkar of mitesshthakkar.com advises buying Interglobe Aviation and Adani Ports.
Mitessh Thakkar of miteshthacker.com recommends buying Mahindra and Mahindra, DLF and GIC Housing Finance.
Jay Thakkar of Anand Rathi is of the view that one may buy Prestige Estates Projects with a target of Rs 267.40.
Ashwani Gujral of ashwanigujral.com suggests buying DLF, Edelweiss Financial Services and Rural Electrification Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Multi Commodity Exchange of India, Escorts and DLF.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy PC Jeweller and sell DLF and Reliance Infrastructure.
According to Ashwani Gujral of ashwanigujral.com, one can buy Reliance Industries, HDFC Bank and Dewan Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying Eicher Motors, Hindustan Unilever and DLF.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy MRF with a target of Rs 70300.
Sandeep Wagle of powermywealth.com suggests buying DLF and MRPL.
The trend indicates that there may be some more buying into the system in the coming session.
CA Rudramurthy BV, Research Head at Vachana Investments suggests buying Bharat Financial while he feels that DLF may test Rs 300 in 3-6 months.
Rajat Bose of rajatkbose.com recommends buying Godfrey Phillips, Escorts, United Spirits and DLF.
Ashwani Gujral of ashwanigujral.com recommends buying DLF, REC and Simplex Infra while ABB may test Rs 2200.
Sudip Bandhopadhyay, Market Expert is of the view that one can buy DLF, Aurobindo Pharma and Natco Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying DLF, ICICI Prudential and Edelweiss Financial.
Sandeep Wagle of powermywealth.com recommends buying DLF.
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.