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
Hemant Thukral of Aditya Birla Money suggests buying Escorts and Karnataka Bank while Reliance Industries is likely to remain range bound.
Mitessh Thakkar of miteshthacker.com suggests buying Balkrishna Industries, Axis Bank, Escorts and Kaveri Seed Company.
Ashwani Gujral of ashwanigujral.com recommends buying Uflex, Canara Bank and Escorts.
Ashwani Gujral of ashwanigujral.com suggests buying UPL, VIP Industries and Escorts.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Sun Pharma and Escorts and can sell Indiabulls Real Estate, United Spirits and Strides Shasun.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy PC Jeweller, HCL Tech, Ashok Leyland, Hindustan Unilever, Escorts and LIC Housing Finance and ,can sell Reliance Capital.
Jay Thakkar of Anand Rathi Securities is of the view that one may sell RBL Bank Future with a target of Rs 506.
Mitessh Thakkar of miteshthacker.com recommends buying Sun Pharma and Escorts.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Future Consumer, Tata Chemicals and Raymond.
Vijay Chopra of enochventures.com advises selling Escorts.
Prakash Gaba of prakashgaba.com advises selling Escorts at around Rs 680.
Rajat Bose of rajatkbose.com is of the view that one may buy Escorts.
Ashwani Gujral of ashwanigujral.com recommends buying CESC, Escorts, Indraprastha Gas, Chennai Petroleum and Welspun Corp.
Prakash Gaba of prakashgaba.com advises buying Escorts on dips.
Gaurang Shah of Geojit Financial Services is of the view that one may hold Escorts.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 10020 and the resistance is at 10138-10150. Bank Nifty on the other hand has support at 24600 and resistance at 25000.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, Voltas and Escorts.
According to Sandeep Wagle of powermywealth.com, one may stay invested in Escorts.
Gaurang Shah of Geojit Financial Services is of the view that one may hold Escorts.
Prakash Gaba of prakashgaba.com is of the view that one may remain invested in Escorts.
Aditya Birla Money feels the Nifty trading range for first few days of September series would be 9,650-10,050.
Ashwani Gujral of ashwanigujral.com recommends buying IndusInd Bank, Escorts and Motherson Sumi.
Ashwani Gujral of ashwanigujral.com suggests buying LIC Housing Finance, Maruti Suzuki and Escorts.
According to Mitessh Thakkar of mitesshthakkar.com, one can buy VIP Industries and Hexaware Technologies and sell Escorts, Federal Bank and Kotak Mahindra Bank.
Prakash Gaba of prakashgaba.com feels that crucial support for the Nifty is at 9685 and the resistance is at 9860-9911 while he has four sell calls including DCB Bank, Escorts, JSPL and NIIT Technologies.