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
The sharp correction in midcaps makes stock-picking a bit less challenging, as valuation premiums have moderated from the recent highs.
Yogesh Mehta of Motilal Oswal Securities is of the view that one can sell Bata India and Havells India and can buy ITC.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell SBI, PNB and Union Bank of India and can buy DHFL, Adani Enterprises and Havells India.
Rajat Bose of rajatkbose.com is of the view that one can buy Havells India and Caplin Point.
Vijay Chopra of enochventures.com advises buying Petronet LNG with a target of Rs 252.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Maruti Suzuki, PVR, Havells India and Indraprastha Gas.
Asian Paints, Axis Bank and Havells India, among others, are on investors’ radar on Tuesday.
Ashwani Gujral of ashwanigujral.com recommends buying GMR Infra with a stop loss of Rs 20, target of Rs 27 and sell Capital First with a stop loss of Rs 860, target of Rs 800.
Ashwani Gujral of ashwanigujral.com recommends buying Orient Cement, Havells India and Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com recommends buying DB Realty with a stop loss of Rs 54, target of Rs 66 and KEC International with a stop loss of Rs 378, target of Rs 395
Sandeep Wagle of powermywealth.com is of the view that one may buy HDIL and Havells India.
Ashwani Gujral of ashwanigujral.com advises buying Tata Global Beverage, JM Financial and Havells.
Rajat Bose of rajatkbose.com is of the view that one may buy Bharat Forge with a target at Rs 738-743.
According to Sudarshan Sukhani of s2analytics.com, one may buy Tata Chemicals, Tech Mahindra, Gail, Zee Entertainment and Voltas.
Sudarshan Sukhani of s2analytics.com advises buying Biocon, Havells and Maruti Suzuki.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Asian Paints and Axis Bank.
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.
Sandeep Wagle of powermywealth.com suggests buying Havells India and Apollo Tyres.
Shahina Mukadam, Independent Market Expert is of the view that one may look at Havells India.
Amit Gupta of ICICI Direct is of the view that one may buy Havells India and CG Power.
Havells, Glenmark Pharma and Jubilant Food, among others, are being tracked by analysts on Wednesday.
The Sensex ended at 33,250.30, rising 1.27 percent over previous week while the Nifty ended with a gain of 1.42 percent at 10,265.65 in the week gone by.
Havells India has consistently identified and entered new product categories over the years.
Sandeep Wagle of powermywealth.com is of the view that one can buy Havells India and can sell Jubilant Foodworks.
Yogesh Mehta of Motilal Oswal suggests buying Bharat Forge, Havells India and KPIT Technologies.