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
"Till Nifty sustains above 9900 levels, bounce back from current level cannot be ruled out," says Rajesh Agarwal of AUM Capital.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jindal Steel & Power and can buy HDFC Bank and Motherson Sumi Systems.
Ashwani Gujral of ashwanigujral.com recommends buying DHFL, Yes Bank, Axis Bank and TV Today.
Identifying multibaggers for your portfolio is not easy as they won’t give returns overnight. Hence, for the stocks to become wealth creators investors have to buy them early and give these stocks time to rise and give multi-fold returns.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Can Fin Homes and Escorts and can buy Zensar Tech.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Hexaware Technologies and Mindtree and can sell Hindalco Industries and ICICI Prudential Life.
The global research firm believes that the protection business will grow faster than unit linked insurance plans (ULIPs).
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Eicher Motors, Tech Mahindra, Interglobe Aviation, Vedanta, ICICI Prudential Life Insurance and Bata India and can sell IDFC and India Cements.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Put Options in ACC, L&T Finance Holdings and ICICI Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy United Breweries and Dredging Corporation and can sell TVS Motor.
Prakash Gaba of prakashgaba.com is of the view that one can buy ICICI Prudential Life Insurance and Sun Pharmaceutical Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hexaware Technologies, Wockhardt and Lupin and can sell Bharti Infratel and HPCL.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, ICICI Prudential and Godrej Properties.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying ICICI Prudential, ICICI Bank, Kotak Mahindra Bank, Torrent Power and UPL.
Kotak Mahindra Bank, RIL and HDFC Bank, among others, are being tracked by investors on Monday.
Ashwani Gujral of ashwanigujral.com recommends buying Yes Bank, Indiabulls Housing, ICICI Prudential and Biocon.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy ICICI Prudential, Cyient and Indiabulls Housing and can sell Ambuja Cements.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Prudential Life Insurance, Tata Elxsi and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com recommends buying TV Today, UltraTech Cement and Tata Steel.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Nalco, Titan Company.
Sandeep Wagle of powermywealth.com advises buying India Cements and ICICI Prudential.
Mitessh Thakkar of miteshthacker.com recommends buying HDFC with a stop loss of Rs 1740 and target of Rs 1795 and ICICI Bank with a stop loss of Rs 312 and target of Rs 330.
Ashwani Gujral of ashwanigujral.com recommends buying Delta Corp with a stop loss of Rs 312, target of Rs 328 and GSFC with a stop loss of Rs 154, target of Rs 168.
Sustaining above 10,550 levels on tradable basis Nifty can rally initially towards 10,720 and then 10,840 levels. On the downside, the index has support at 10,400 which was last week low and a break below the said level may trigger a decline towards 10,320 and then 10,230 levels, says Ashish Chaturmohta, Head of Technicals and Derivatives, Sanctum Wealth Management.
Ruchit Jain of Angel Broking advises buying PG Electroplast with a target of Rs 490.