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 selling Jubilant Foodworks and IOC while he advises buying Reliance Industries, HDFC Bank and Caplin Point.
Prakash Gaba of prakashgaba.com is of the view that HDFC Bank can climb to Rs 1860 while United Spirits may test Rs 2750.
Prakash Gaba of prakashgaba.com is of the view that HDFC Bank can climb to Rs 1860 while Sun Pharma may test Rs 530.
Ashwani Gujral of ashwanigujral.com recommends buying Divis Laboratories, Reliance Industries and HDFC Bank.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC Bank, IndusInd Bank and Chambal Fertilisers.
According to Sudarshan Sukhani of s2analytics.com, one can buy Bharat Forge, BPCL and Voltas and hold HDFC Bank while he advises exiting Engineers India.
Tata Steel, IndusInd Bank, and ICICI Bank, among others are being tracked by investors today.
Rahul Shah of Motilal Oswal recommends buying HDFC Bank, JSW Steel and Fortis Healthcare.
Mitessh Thakkar of mitesshthakkar.com recommends selling Dish TV and Glenmark Pharma and advises buying HDFC Bank, Larsen and Toubro and PVR.
Dr Reddy’s Labs, Tata Global and Coal India, among others, are on the radar of analysts on Monday.
Glenmark, L&T and HDFC Bank, among others, are on the radar of investors on Friday.
According to Mitessh Thakkar of miteshthacker.com, one can buy Jain Irrigation Systems, JustDial and The Ramco Cements
Sudarshan Sukhani of s2analytics.com is of the view that one may buy PC Jeweller, Jubilant Foodworks and NTPC and sell Oriental Bank of Commerce and Amara Raja Batteries.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Tata Elxsi, Shriram Transport Finance and Raymond and sell Bharat Forge.
Analysts feel, historically, September has been a trending month for the market that is closer to its record high; hence, it will be an interesting month to watch for. They don't rule out new highs in the current month.
Rajat Bose of rajatkbose.com is of the view that one may look at L&T Finance Holdings.
Elara Capital has initiated coverage on aviation sector. It has assigned buy call for InterGlobe Aviation (IndiGo) with target price of Rs 1,737, SpiceJet with target price of Rs 170 and Jet Airways with target of Rs 610.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India, BEML, Hindalco Industries and Tech Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying IndusInd Bank, HDFC Bank and Bharat Financial Inclusion.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Larsen & Toubro and buy HDFC Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Future Lifestyle, DLF and ICICI Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank and Canara Bank and sell PC Jeweller.
Rajat Bose of rajatkbose.com is of the view that one may exit State Bank of India.
Vijay Chopra of enochventures.com is of the view that one may stay invested in HDFC Bank.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank and HDFC.