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
Sandeep Wagle of powermywealth.com advises buying Escorts and Dr Reddy's Laboratories.
The market buoyancy is likely to continue in 2018 as well, though it could be volatile due to events like states elections, Union Budget. The Nifty50 is expected to give 10-15 percent return and the midcaps are likely to continue their outperformance in the coming year, experts suggest.
Prakash Gaba of prakashgaba.com is of the view that KPIT Tech can climb to Rs 185 while Tata Motors may test Rs 425.
Mitessh Thakkar of mitesshthakkar.com has a buy on Axis Bank with a stop loss of Rs 540 and target of Rs 565 and a buy on Havells India with a stop loss of Rs 548 and target of Rs 575.
According to Sudarshan Sukhani of s2analytics.com, one may buy ITC, Engineers India, Escorts, HUL, Voltas and Tata Elxsi.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Bharat Forge.
Future Consumer, Escorts, and HDFC Bank, among others, are on the radar of investors on Friday.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Canara Bank, DLF, Kolte Patil and NBCC.
Ashwani Gujral of ashwanigujral.com suggests buying Vakrangee with a stop loss of Rs 735, target of Rs 770 and Mindtree with a stop loss of Rs 546, target of Rs 570 while he advises selling Bharti Infratel with a stop loss of Rs 381, target of Rs 364.
According to Prakash Gaba of prakashgaba.com, the crucial support for the Nifty is at 10094-10013 and the resistance is at 10260, Bank Nifty has support at 24728- 25030 and resistance at 25200.
Mitessh Thakkar of miteshthacker.com suggests buying Dish TV with a stop loss of Rs 79 for target of Rs 83 and advises buying NBCC with a stop loss of Rs 254.90 for target of Rs 272 while he recommends selling Tata Communications around Rs 684, stop loss of Rs 696 for target of Rs 660.
Credit Suisse expects tractors volumes to grow at CAGR of 11 percent over FY17-21 and EBIT (earnings before interest and tax) margin to improve from 10 percent to 14 percent by FY20
Escorts and GDP, among others, are being tracked by investors on Friday.
According to Ashwani Gujral of ashwanigujral.com, one may sell State Bank of India and Punjab National Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports, Bharat Forge and Escorts and hold SpiceJet and Tata Power.
Rajat Bose of rajatkbose.com is of the view that one can buy Cipla and Escorts and can sell CG Power and Dewan Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Asian Paints and can hold Punj Lloyd and Escorts while one can sell Apollo Tyres.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motilal Oswal, Hindustan Copper, Engineers India, DHFL and Dr Lal PathLabs and advises selling Escorts.
IndiGo, JSW Steel, Dr Reddy’ and Info Edge, among others are on the radar of investors on Wednesday.
In an interview to CNBC-TV18's Latha Venkatesh, and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini with a stop loss of Rs 163.90 for target of Rs 175 and a buy on Eicher Motors with a stop loss of Rs 31,850 for target of Rs 33,500 while he advises selling IDFC Bank with a stop loss of Rs 57.10 for target of Rs 53.
Jay Thakkar of Anand Rathi Securities advises buying BF Utilities with a target of Rs 516.
Mitessh Thakkar of mitesshthakkar.com has recommends a buy on Mangalore Refinery and Petrochemicals which has a positive candlestick pattern with a stop loss of Rs 131 for target of Rs 140 while Ashwani Gujral of ashwanigujral.com has a buy on Maruti Suzuki with a stop loss of Rs 8000, target of Rs 8250.
Ashwani Gujral of ashwanigujral.com recommends buying PC Jeweller, Godrej Properties and Escorts.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Foodworks, Escorts and M&M Financial Services.