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
Rahul Shah, Associate VP, Equity Advisory GRP, Motilal Oswal suggests buying Yes Bank, Amara Raja Batteries, Godrej Industries and Voltas.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying Karnataka Bank 180 Call, M&M 1440 Call and TVS Motor Company 540 Call while he likes DCB Bank.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Godrej Industries, Grasim Industries and Tata Chemicals and can sell Hexaware Technologies and BHEL.
From the last few sessions, Nifty is showing sideways moves but with positive bias along with the addition of decent open interest.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Aditya Birla Nuvo and Godrej Industries.
Ashwani Gujral of ashwanigujral.com suggests buying Godrej Industries, Berger Paints and Max Financial.
Jay Thakkar of AnandRathi is of the view that one may buy Bajaj Finserv with a target of Rs 4168.
Ruchit Jain of Angel Broking advises buying HPCL with a target of Rs 521.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9312 and resistance at 9450 while Bank Nifty has support at 22400 and resistance at 22800.
The single tax would replace 17 indirect tax levies and improve taxation efficiency. Most goods are placed under the four slabs of services tax i.e. 5, 12, 18 and 28 percent.
Rahul Shah, Associate VP at Motilal Oswal is of the view that one can buy Kotak Mahindra Bank, Godrej Industries and NMDC.
Mitessh Thakkar of miteshthacker.com advises buying Amara Raja Batteries while he feels that Godrej Industries may test Rs 595.
Ashwani Gujral of ashwanigujral.com suggests buying Motilal Oswal, Reliance Capital, Indian Oil Corporation and Godrej Industries.
Pankaj Jain of SW Capital advises buying Bank of Baroda with a target of Rs 205.
Vijay Chopra of enochventures.com recommends buying Punjab National Bank with a stoploss at Rs 165 and target of Rs 175 and SpiceJet with a stoploss at Rs 108 and target of Rs 116.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Godrej Industries and Bharat Forge and short IDBI Bank.
Mitessh Thakkar of miteshthacker.com recommends buying Amara Raja Batteries, Godrej Industries, Jain Irrigation, NCC and Reliance Power.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy CESC and Godrej Industries.
From Godrej Industries to VRL Logistics, a look at stocks that are set to reap in benefits from the unified tax regime.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Godrej Industries and sell Engineers India.
Rajat Bose of rajatkbose.com is of the view that one can buy Just Dial, Godrej Industries, CESC and Asian Paints.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Bata India and Bharat Electronics and likes Godrej Industries.