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
Nifty and Bank Nifty both continue to remain in the Lower Top Lower Bottom structure. Nifty is precariously poised above the 200-DMA of 10,100 while Bank Nifty too is managing to currently hold above its yearly mean of 24,500.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC Bank, Adani Enterprises , JP Associates, Coromandel International, Shriram Transport and Canara Bank.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, ICICI Bank and Axis Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell REC, Bank of India, Asian Paints and HDFC Bank and can buy Tech Mahindra and Natco Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Adani Enterprises and Infosys and can buy Chennai Petro.
Ashwani Gujral ashwanigujral.com is of the view that one may prefer HDFC, HDFC Bank, Monsters and NIIT Tech.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell REC and Adani Enterprises and can buy Amara Raja Batteries.
CA Rudramurthy BV, Head-Research at Vachana Investments recommends selling HDFC Bank, Yes Bank and Axis Bank.
Ashwani Gujral of ashwanigujral.com recommends selling Union Bank of India with a stop loss of Rs 100, target of Rs 88, Bank of India with a stop loss of Rs 106, target of Rs 94, Canara Bank with a stop loss of Rs 272, target of Rs 258 and ICICI Bank with a stop loss of Rs 300, target of Rs 285.
Rajat Bose of rajatkbose.com is of the view that one may remain invested in HDFC Bank.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Tata Motors around Rs 330 and HDFC Bank at Rs 1740 while one may book profits in Infosys around Rs 1250.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Firstsource Solutions and Future Lifestyle and can sell Dish TV.
The house has raised HDFC Bank's estimates by over 1 percent for FY19-20 and see 21 percent CAGR in profit over FY17-20 adding that planned capital raise will lift Tier-I capital adequacy ratio (CAR) by + 300 bps to 17 percent.
Dalmia Bharat, SBI and Ashok Leyland, among others are being tracked by investors on Thursday.
The colour red is a synonym for a fall or correction. We have seen nearly 6 percent fall in the benchmark indices and doubled digit cuts in many stocks from small and midcap space.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NCC and IndusInd Bank and can sell Reliance Communications.
Ashwani Gujral of ashwanigujral.com recommends buying Interglobe Aviation, PC Jeweller and Ahluwalia Contracts.
Mitessh Thakkar of miteshthacker.com recommends buying Axis Bank with a stop loss of Rs 529 and target of Rs 551 and Britannia Industries with a stop loss below Rs 4900 for target of Rs 5200.
The year 2018 started on a positive note with benchmark indices hitting a fresh record high but things changed soon after the Budget 2018 was announced. Benchmark indices have plunged over 7 percent each from their respective record highs.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Apollo Hospitals, Interglobe Aviation and L&T and can sell Yes Bank.
Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Bharat Forge and can sell HDFC Bank and United Breweries.
Prakash Gaba of prakashgaba.com suggests shorting HDFC Bank and Ambuja Cements.
Prakash Gaba of prakashgaba.com is of the view that Ashok Leyland can climb to Rs 130 while Dabur India can slide to Rs 333.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank, TCS, NIIT Tech, ICICI Bank and Kotak Mahindra Bank and can sell Tata Global Beverage.
Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Reliance Industries, Vedanta and HDFC Bank and can sell Hindustan Petroleum Corporation.