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
"Nifty might face hurdle around 10175 mark. Any decisive break above this level may add momentum on upside till 10260-10300 levels," says Rajesh Agarwal of AUM Capital.
Sandeep Wagle of powermywealth.com is of the view that one can sell Escorts and can buy Berger Paints.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company with a stop loss of Rs 810, target of Rs 840, Reliance Industries with a stop loss of Rs 900, target of Rs 925 and a buy also on Jubilant Foodworks with a stop loss of Rs 1990, target of Rs 2050.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Can Fin Homes and Escorts and can buy Zensar Tech.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Escorts.
Rajat Bose of rajatkbose.com is of the view that one may hold Escorts.
The colour red is a synonym for a fall or correction. We have seen nearly 6 percent fall in the benchmark indices and doubled digit cuts in many stocks from small and midcap space.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Apollo Hospitals, Escorts and Kotak Mahindra Bank and can avoid Dr Reddy's Labs.
Mitessh Thakkar of miteshthacker.com recommends buying Britannia Industries with stop loss of Rs 4785 for target of Rs 5000 and Infosys with a stop loss of Rs 1144 for target of Rs 1190.
Britannia, cement and steel sectors, among others are on analysts’ radar on Thursday.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Union Bank of India and Syndicate Bank and can buy Escorts.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell L&T, ICICI Bank, Bharti Airtel, Capital First and HPCL and can buy JSW Steel and Escorts.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Escorts and KPIT Technologies and can hold ITC while one can sell Castrol India.
“On the overall basis, long-term capital gains tax doesn’t look dampening and revenue growth assumptions are looking realistic. Investors should focus on sectors/stocks having agri or rural theme. Escorts, Ashok Leyland, M&M, PI Inds and UPL will be positive,” Hemang Jani, Head Equity Sales & Advisory, Sharekhan told Moneycontrol.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Jet Airways, M&M and Oracle Financial and can sell Repco Home Finance and Reliance Infrastructure.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts and Mphasis.
The derivative data indicates that bullish scenario is likely to continue with Nifty having multiple strong supports at lower levels around 11000 & 11030 spot.
Ashwani Gujral of ashwanigujral.com recommends buying Delta Corp with a stop loss of Rs 312, target of Rs 328 and GSFC with a stop loss of Rs 154, target of Rs 168.
Mitessh Thakkar of miteshthacker.com recommends buying Escorts and Britannia Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Escorts, Indiabulls Housing and NCC while he advises holding SBI and selling Pincon Spirit and Mindtree.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Industries and Raymond and can sell Jet Airways.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints, Coal India and Escorts and can hold State Bank of India and Mindtree.
Rajat Bose of rajatkbose.com recommends buying Escorts, M&M Financial Services and CESC.
Watch the interview of SP Tulsian of sptulsian.com with Anuj Singhal, Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on fundamentals of market and specific stocks.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Escorts and Tata Sponge.