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 is of the view that one can buy Idea Cellular and Reliance Industries and can sell Punjab National Bank, Reliance Infrastructure and Bank of Baroda.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Enterprises, Aurobindo Pharma and Jubilant Foodworks and can short NMDC and DCB Bank.
Sharmila Joshi of sharmilajoshi.com is of the view that one may buy Wipro on dips.
Mitessh Thakkar of miteshthacker.com suggests buying Tata Communications and CESC and has a positive view on Tata Motors.
Mitessh Thakkar of mitesshthakkar.com advises selling Hero Motocorp and Dish TV India.
Ahead of the The Researve Bank of India's monetary policy meeet, interest rate sensitive stocks including the likes of real Estate, NBFCs and auto stocks were trading in the green while banking stocks were mixed with SBI trading positive and ICICI Bank, HDFC Bank and Axis Bank in the red.
UBS has also increased its target price for the stock to Rs 4,750 per share, from Rs 3,100 earlier.
Titan, Hero Moto and financials, among others, are being tracked by investors on Tuesday.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Hero Motocorp within the two-wheeler space in a staggered way on a subsequent declines.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bharti Airtel, Dr Reddy's Labs and Bharat Financial Inclusion and can sell Hero MotoCorp and Reliance Capital.
On the face of it, the company merits attention owing to a number of reasons. It has marquee clients in its kitty and an even spread of clientele. It is putting a premium on its R&D work to develop technologically advanced products and bring a turnaround at its joint venture Minda Furukawa.
Prakash Gaba of prakashgaba.com is of the view that crucial support for Nifty is at 10115 and the resistance is at 10211. Bank Nifty on the other hand has support at 24940 and resistance at 25200.
Prakash Gaba of prakashgaba.com likes GNFC while he feels that Hero MotoCorp may climb to Rs 4050.
Rajat Bose of rajatkbose.com is of the view that one can buy Hero MotoCorp and Colgate Palmolive.
Rajat Bose of rajatkbose.com recommends buying Maruti Suzuki and Hero MotoCorp.
Sandeep Wagle of powermywealth.com advises holding Hero Motocorp.
Sandeep Wagle of powermywealth.com is of the view that one can buy Indiabulls Housing Finance and sell Hero MotoCorp.
Sandeep Wagle of powermywealth.com advises buying Hero MotoCorp and Petronet LNG.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Hero MotoCorp, L&T Finance Holdings and Torrent Power and sell Apollo Hospitals Enterprises and Marico.
According to Mitessh Thakkar of mitesshthakkar.com, one can buy Hero MotoCorp, Infosys and Tata Global Beverage and can sell Mahindra and Mahindra and Power Finance Corporation.
In an interview to CNBC-TV18's Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Rajat Bose of rajatkbose.com is of the view that one can buy NIIT Technologies and Hero MotoCorp and sell Infibeam.
JSPL, NCC and Bajaj Auto, among others, are on the radar of investors on Wednesday.
According to Prakash Gaba of prakashgaba.com, rucial support for the Nifty is at 10000-9968 and the resistance is at 10149-10248-10536 and recommends buying BEML, Hero Moto, Hindustan Unilever and TCS.