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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hindustan Unilever, Reliance Industries, DCB Bank and Hero MotoCorp and sell SRF and Just Dial.
According to Rajat Bose of rajatkbose.com, one can buy Aurobindo Pharma, Exide Industries and Hero MotoCorp.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell Granules India, Karnataka Bank and Syndicate Bank and buy IGL and Bharat Financial Inclusion.
Asian Paints, Axis Bank and Vedanta, among others, are on the radar of analysts on Wednesday.
Vijay Chopra of enochventures.com is of the view that one may keep Bajaj Auto in your portfolio.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Britannia Industries, Colgate Palmolive, Hindustan Unilever, Hero MotoCorp, Interglobe Aviation, Lupin and Aurobindo Pharma and can sell IRB Infrastructure Developers and Housing Development and Infrastructure.
Current, trend is likely to remain positive and expected to continue towards 9,900-9,950 levels.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors
Sudarshan Sukhani of s2analytics.com suggests buying Mahindra and Mahindra, Infosys and HDFC and advises selling Cummins India and CESC.
According to Prakash Gaba of prakashgaba.com, crucial support for Nifty is at 9720 and the resistance is at 9816-9916. On the other hand, Bank Nifty has support at 23500 and resistance at 24300.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Asian Paints and DLF and can sell Arvind and GAIL India.
Deutsche Bank expects a soft month for the 2-wheeler segment due to GST related de-stocking whereas it sees a robust scooters volumes growth for June-2017 but with motorcycle weakness driven by Bajaj Auto.
Mitessh Thakkar of mitesshthakkar.com suggests buying Apollo Tyres, Ceat, Adani Ports, Bharti Infratel and Maruti Suzuki.
Prakash Gaba of prakashgaba.com is of the view that Hero MotoCorp may climb to Rs 3800 while Ceat may test Rs 1870.
Upbeat on Hero MotoCorp in two-wheeler space because of its significant presence in rural market, said Ashwin Patil of LKP Securities.
Sudarshan Sukhani of s2analytics.com suggests buying Dewan Housing Finance, Vedanta and Hero MotoCorp.
Sudarshan Sukhani of s2analytics.com recommends buying Hero MotoCorp, HDFC and Godrej Industries and advises selling PNB and BPCL.
Bata India,HeroMoto Corp, and Ultratech Cement are on the radar of Motilal Oswal Securities
Sudarshan Sukhani of s2analytics.com advises selling Amara Raja Batteries and Ajanta Pharma.
Mitessh Thakkar of mitesshthakkar.com suggests buying Bosch, Hero Motocorp and Adani Port.
Mitessh Thakkar of mitesshthakkar.com feels that Sun TV Network may move to Rs 880-890.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Arvind and Torrent Pharmaceuticals and can buy Larsen & Toubro, Asian Paints and Hero MotoCorp.
According to Ashwani Gujral of ashwanigujral.com, one can buy Apollo Tyres, Hero MotoCorp and Godrej Properties.
Auto sales, the one positive trend this time has been two-wheeler sales which have been very strong. Both TVS Motor and Hero Motocorp reported good numbers. Bajaj Auto was the only disappointment, down about 10 percent. In an interview to CNBC-TV18, Ashwin Patil, Auto Analyst at LKP Securities shared his readings and outlook on the same.
Auto sector, coupled with HDFC and Coal India, among others, are being tracked by analysts on Friday.