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
In an interview to CNBC-TV18's Reema Tendulkar and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on the fundamentals of the market and specific stocks.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 9620 and the resistance is at 9700-9724. Equitas Holdings, Grasim Industries, Tech Mahindra and Ujjivan Financial Services are the stocks in which he is bullish on.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Hexaware Technologies and Raymond.
Equitas holdings, Transformers & Rectifiers and Britannia Industries are on the radar of Anand Rathi
Sameet Chavan of Angel Broking recommends buying NMDC with a target of Rs 122 and Just Dial with a target of Rs 492.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bharat Financial and Jain Irrigation and buy L&T Finance Holdings, Can Fin Homes and PVR.
According to Ashwani Gujral of ashwanigujral.com, one can sell Lupin, Equitas Holdings and Tata Chemicals and buy Marico and Larsen & Toubro.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell NMDC and Equitas Holdings and buy Infosys.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance and HDFC.
Ashwani Gujral of ashwanigujral.com suggests buying Motilal Oswal, Reliance Capital, Indian Oil Corporation and Godrej Industries.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Equitas Holdings and Ajanta Pharma and can buy Ambuja Cements 270 Call.
Ashwani Gujral of ashwanigujral.com recommends buying Ambuja Cements while one can also look at buying Escorts, ICICI Bank and Sun YV.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Arvind, EIL, Godrej Consumer and ONGC and can sell Equitas Holdings.
Mitessh Thakkar of miteshthacker.com suggests selling Equitas Holdings and advises buying ONGC.
Ashwani Gujral of ashwanigujral.com suggests buying Union Bank of India, Reliance Capital, Arvind, Equitas Holdings and Ujjivan Financial Services.
Mitessh Thakkar of miteshthacker.com suggests buying Emkay Global Financial Services and Equitas Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one can add Jay Bharat to portfolio while India Cements may test Rs 215.
The whole world might be worried about IT and pharma amid regulatory hurdles as well as rising rupee but fundamentally they remain a strong play, Sheth told CNBC-TV18.
Sudarshan Sukhani of s2analytics.com
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Equitas Holdings, SBI, Indiabulls Real Estate and Bharat Forge and sell TCS.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy DLF, Equitas Holdings, IDFC and Steel Authority of India and sell Hexaware Technologies.
The market undertone is likely to remain bullish with the support of consistent FII buying and short covering. With that in mind, we have collated a list of seven trading strategies based on technical parameters for the short term.
Mitessh Thakkar of miteshthacker.com recommends buying Equitas Holdings, Jet Airways, South Indian Bank, ABB India and Alembic Pharmaceuticals.