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
According to Manoj Murlidharan of Religare Securities, one can buy IndusInd Bank, Hero MotoCorp, Indian Oil Corporation and IDBI Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Indiabulls Real Estate, Hindalco Industries and Hero MotoCorp.
Gaurav Bissa of LKP Securities is of the view that one can buy Hero MotoCorp futures and sell Jet Airways futures.
Sandeep Wagle of powermywealth.com suggests buying Hero MotoCorp and Mahindra & Mahindra Financial Services.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9430-9400 and resistance at 9600 while Bank Nifty has support at 22800 and resistance at 23400.
Sandeep Wagle of powermywealth.com advises buying State Bank of India and Hero MotoCorp.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bajaj Finserv and Apollo Tyres and buy NIIT Tech.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bajaj Auto, Bharti Infratel and Adani Transmission and can sell IGL and Oil India Limited.
According to Ashwani Gujral of ashwanigujral.com, one can buy Mahindra & Mahindra Financial Services, Sun TV and JSW Steel.
Zee Entertainment and Hero MotoCorp are being tracked by analysts today.
Prakash Gaba of prakashgaba.com is of the view that one may enter Hero Motocorp at around Rs 3000.
Vijay Chopra of Enoch Ventures suggests buying Hero Motocorp on dips.
Ashwani Gujral of ashwanigujral.com suggests buying Motilal Oswal, Reliance Capital, Indian Oil Corporation and Godrej Industries.
Mitessh Thakkar of miteshthacker.com suggests buying Hero MotoCorp and Britannia Industries.
According to Rajat Bose of rajatkbose.com, one can buy Balkrishna Industries and Hero MotoCorp.
Prakash Gaba of prakashgaba.com suggests buying Hero Motocorp on declines.
Mitessh Thakkar of miteshthacker.com suggests buying Karnataka Bank, Maruti Suzuki and Ashoka Buildcon while advises selling Infosys and Hero MotoCorp.
In an interview to CNBC-TV18’s Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
According to Sudarshan Sukhani of s2analytics.com, one can buy Hero MotoCorp, Eicher Motors and GATI.
In an interview to CNBC-TV18’s Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, Mayuresh Joshi of Angel Broking shared his readings and outlook on market and specific stocks.
Voltas, Navneet Education and Kotak Mahindra Bank are on the watch list of analysts. Meanwhile, insurance, pharma and autos are also in focus.