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
Ashwani Gujral of ashwanigujral.com recommends buying L&T Finance Holdings, Bata India and Sun TV Network.
Gaurav Bissa of LKP Securities recommends buying Mindtree, Cummins India and Havells India.
Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial Services, Raymond and Havells India.
Mitessh Thakkar of mitesshthakkar.com suggests buying Reliance Industries.
Ashwani Gujral of ashwanigujral.com suggests buying Bharat Financial Inclusion, Havells India and Apollo Hospitals.
Amit Gupta of ICICIdirect expects 10-15 percent upside in GAIL India and Petronet LNG and advises acccumulating Havells India at around Rs 500.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy L&T, Asian Paints, Whirlpool of India, Sun TV Network and Bajaj Finance and advises selling Ajanta Pharma and Dish TV.
The RSI at 62 indicates a favorable buying regime coupled with continued uptrend momentum depicted by MACD at 52 above its Signal Line. Based on Fibonacci retracement a major support will be seen at 9807 and resistance level will be at 10137.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Indraprastha Gas with a target of Rs 1485.
Shrikant Chouhan, Senior Vice President of Technical Research at Kotak Securities lists out his top picks.
According to Ashwani Gujral of ashwanigujral.com, one may buy Lupin, Dr Reddy’s Laboratories and Havells India.
Jay Thakkar of Anand Rathi Securities is of the view that one may sell Interglobe Aviation (Indigo) with a target of Rs 1160.
Sumeet Jain of Destimoney Securities is of the view that one may sell Multi Commodity Exchange of India (MCX) Future with a target of Rs 955.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Bharti Infratel, Eicher Motors and Havells India.
Chandan Taparia of Motilal Oswal Securities recommends a Bull Call Spread in Infosys and advises buying Havells India and NTPC and suggests selling PNB.
Sumeet Jain of Destimoney Securities is of the view that one may sell Divis Lab Future with a target of Rs 594.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell UPL and buy Havells India.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Havells India and Asian Paints.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company and Havells India and advises selling Adani Enterprises.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, BEML, Bajaj Finance and Indraprastha Gas and sell Indo Count Industries.
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.
Sandeep Wagle of powermywealth.com recommends buying Havells India and Vedanta.
Sandeep Wagle of powermywealth.com is of the view that one can buy Havells India and sell Cadila Healthcare.
Gaurav Ratnaparkhi of Sharekhan advises selling Adani Enterprises Future with a target of Rs 133.30.