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 buying ICICI Prudential, Reliance Capital, RCF, PC Jeweller, Indiabulls Housing and CESC.
All these three insurance companies HDFC Standard Life, SBI Life and ICICI Prudential listed on exchanges in the last 16 months.
At this juncture, 10400 will act as an immediate support for the index and any break below this level will trigger a fresh sell-off. In that case, Nifty may correct towards 10330-10270 levels respectively.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell ICICI Prudential Life Insurance, Muthoot Finance, Canara Bank and BoB and can buy Tata Motors DVR.
Ashwani Gujral of ashwanigujral.com recommends buying DB Realty with a stop loss of Rs 54, target of Rs 66 and KEC International with a stop loss of Rs 378, target of Rs 395
Mitessh Thakkar of mitesshthakkar.com is of the view that one may hold Tata Global Beverage.
Mitessh Thakkar of mitesshthakkar.com suggests buying ICICI Prudential, Manappuram Finance and Divis Laboratories.
Sandeep Wagle of powermywealth.com is of the view that ICICI Prudential Life Insurance Company may move to Rs 450.
Mitessh Thakkar of mitesshthakkar.com recommends buying Steel Authority of India with a stop loss of Rs 81.50 and target of Rs 87, ICICI Prudential Life Insurance above Rs 398, with stop loss of Rs 391 and target of Rs 414 and a buy also on Idea Cellular with a stop loss of Rs 96 for target of Rs 103.
Mitessh Thakkar of miteshthacker.com suggests buying Amara Raja Batteries, Tata Global Beverage, Container Corporation and ICICI Prudential.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell ICICI Prudential Life and Adani Port.
Mitessh Thakkar of miteshthacker.com recommends a sell on Eicher Motors with a stop loss of Rs 30700 for target of Rs 29250 and a buy on Engineers India around Rs 181-182 with a stop loss of Rs 178.90 for target of Rs 189.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DCB Bank and National Aluminium Company and can buy Bata India.
Mitessh Thakkar of mitesshthakkar.com feels that Yes Bank may test Rs 350.
Ashwani Gujral of ashwanigujral.com has a buy on Rain Industries with a stop loss of Rs 315, target of Rs 332, a buy on United Breweries with a stop loss of Rs 1090, target of Rs 1150 and a buy on Sun Pharma Advanced Research with a stop loss of Rs 410, target of Rs 435.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Indo Count Industries, Ajanta Pharma and RBL Bank and can sell Tata Motors.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Ajanta Pharma and Andhra Bank and can sell GMR Infrastructure and Bharat Financial Inclusion.
Prakash Gaba of prakashgaba.com likes ICICI Prudential Life Insurance and feels that ACC looks good for target of Rs 1,800.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Cummins India and L&T Finance Holdings and can buy Ashok Leyland, Hexaware Technologies, Dalmia Bharat and Bata India.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bajaj Finance and ICICI Prudential and can buy Tech Mahindra and Bharti Infratel while Britannia Industries is likely to outperform.
Ashwani Gujral of ashwanigujral.com suggests buying KNR Construction with a stop loss of Rs 270, target of Rs 287, a buy in Aurobindo Pharma with a stop loss of Rs 784, target of Rs 810 and a buy in JM Financial with a stop loss of Rs 168, target of Rs 182.
Krish Subramanyam of Altamount Capital advises buying PTC India and ICICI Prudential Life Insurance.
Investors should look at stocks which can generate wealth over a period of 3-5 years. These stocks can be bought now or on declines to give maximum risk-to-reward to investors.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy V-Guard Industries, ICICI Prudential Life Insurance Company, Indraprastha Gas and IFB Industries and can short Reliance Infra.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Future Consumer, Tata Chemicals and Raymond.