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
According to Prakash Gaba of prakashgaba.com, one may stay invested in Escorts.
Gaurang Shah of Geojit Fin Services is of the view that one may pick Escorts on declines.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts, IIFL Holdings and Petronet LNG.
Rajat Bose of rajatkbose.com is of the view that one can buy HDIL and can sell Escorts and NMDC.
According to Prakash Gaba of prakashgaba.com, the first sign of strength would be a close above the 10000 mark. The crucial support for Nifty is at 10000-9968 and the resistance is at 10149-10248-10536. Bank Nifty on the other hand has support at 24450 and resistance at 25000.
Expectation of some bit of consolidation cannot be ruled out in the coming week and investors will be better off taking bets on individual stocks.
According to Prakash Gaba of prakashgaba.com, the trend is still up as long as 10000 holds. The crucial support for Nifty is at 10000 and the resistance is at 10149-10260-10536. On the other hand, bankers expect RBI to change its monetary stance and may even go for an aggressive rate cut.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts, Voltas and Bharat Petroleum Corporation.
Ashwani Gujral of ashwanigujral.com advises buying Indiabulls Housing Finance, Escorts, SREI Infra
Ashwani Gujral of ashwanigujral.com recommends buying Jindal Steel & Power, Escorts and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying Rashtriya Chemicals & Fertilizers and Sintex Industries and advises selling Escorts, IRB Infrastructure and VIP Industries.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Bata India, Steel Authority of India and HCL Infosystems and can sell Ceat and Escorts.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Escorts and buy Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Steel and can sell Escorts and Bajaj Finance.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini, Tata Motors, Escorts, NIIT Technologies and Tata Elxsi.
Sudarshan Sukhani, s2analytics.com is of the view that one may buy Ajanta Pharma, Bharat Financial Inclusion, Escorts and Godrej Consumer Products and can sell Apollo Hospitals Enterprises.
Ashwani Gujral of ashwanigujral.com advises buying Ashok Leyland, Maruti Suzuki and Escorts.
Ashwani Gujral of ashwanigujral.com is of the view that aviation may hit new highs and prefers Axis Bank from the banking space.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts, Sun TV Network and Apollo Tyres.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the market and specific stocks.
According to Ashwani Gujral of ashwanigujral.com, one can buy Balrampur Chini, Kaveri Seed Company and Canara Bank and can sell M&M.
According to Sudarshan Sukhani of s2analytics.com, one can buy ACC and Hindustan Unilever and can sell Glenmark Pharma and Zee Entertainment.
Mitessh Thakkar of miteshthacker.com recommends buying Aditya Birla Nuvo and Godrej Consumer and advises selling Zee Entertainment, Bata India and Glenmark Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Indiabulls Real Estate, Escorts and PC Jeweller and can sell Wockhardt and GAIL India.