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
Jay Thakkar of Anand Rathi Securities is of the view that one may sell Interglobe Aviation (Indigo) with a target of Rs 1160.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IIFL Holdings, RCF and Godrej Industries and exit Tata Motors.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Godrej Industries and RBL Bank and sell M&M Financial Services.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Capital and sell Godrej Industries and UltraTech Cement.
Ashwani Gujral of ashwanigujral.com recommends buying Capital First, Godrej Industries and RBL Bank.
Rakesh Bansal of RK Global is of the view that one may buy Bharat Forge with a target of Rs 1197.
The long term trajectory of the market will remain towards an upward trend.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HPCL and Godrej Industries and can short Dish TV.
Sudarshan Sukhani of s2analytics.com suggests buying NBCC, Mindtree and Godrej Industries.
Sandeep Wagle of powermywealth.com suggests buying United Breweries and Godrej Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Infosys and Godrej Industries and can sell SRF and Bank of Baroda.
Ashwani Gujral of ashwanigujral.com suggests buying Godrej Industries, Tata Elxsi and Edelweiss Financial.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9439-9400 and the resistance is at 9560-9591. Bank Nifty on the other hand has support at 22975 and resistance at 23500.
Shahina Mukadam, Independent Market Expert suggests buying Godrej Industries on dips.
Sandeep Wagle of powermywealth.com advises buying Godrej Industries on correction.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Prudential Life Insurance Company and advises selling IndusInd Bank and Godrej Industries.
Sudarshan Sukhani of s2analytics.com recommends buying Hero MotoCorp, HDFC and Godrej Industries and advises selling PNB and BPCL.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Godfrey Phillips India with a target of Rs 1400.
Sudarshan Sukhani of s2analytics.com suggests buying Apollo Tyres, SpiceJet and Dabur India.
Ashwani Gujral of ashwanigujral.com advises buying Godrej Industries, Prestige Estates, L&T Finance, Century Plyboards and Edelweiss Financial Services.
Sumeet Jain of Destimoney Securities is of the view that one may buy Rajesh Exports with a target of Rs 686.
Ashwani Gujral of ashwanigujral.com advises selling Escorts and Bharat Petroleum Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Bharat Electronics, Union Bank of India and Fortis Healthcare.
Rahul Shah of Motilal Oswal is of the view that one may buy Can Fin Homes and Godrej Industries and short Bank of Baroda.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Godrej Industries and Vedanta and sell Reliance Infrastructure.