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 feels that Kajaria Ceramics may test Rs 800-850.
ICICI Pru, Natco and OMCs, among others, are on the radar of analysts on Wednesday.
The benchmark index will remain under pressure for some more time but there is plenty of stock specific action which could give returns much bigger than Nifty50 or S&P BSE Sensex.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell UltraTech Cement and Pidilite Industries.
Ashwani Gujral of ashwanigujral.com feels that ICICI Prudential Life Insurance may move to Rs 500.
Investors should look at stocks which are low risk and are trading at levels which may look expensive but justifies future growth potential of the stock.
ICICI Prudential Life Insurance rallied nearly 27 percent since its listing in September 2016.
According to Mitessh Thakkar of mitesshthakkar.com, one can sell Apollo Hospitals, Can Fin Home and ICICI Prudential Life and can buy Reliance Defence and Sun Pharma.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
It was a week of consolidation as Nifty moved in a narrow range of just 50 points, which is really a tiresome thing for the traders preferring index specific trades.
VK Sharma of HDFC Securities suggests buying Aurobindo Pharma, Ashok Leyland, ICICI Prudential and IndusInd Bank.
Mitessh Thakkar of miteshthacker.com recommends buying ICICI Prudential Life Insurance and IndusInd Bank.
Ashwani Gujral of ashwanigujral.com advises buying Aurobindo Pharma, Karnataka Bank and ICICI Prudential Life Insurance.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Prudential, Ashok Leyland and Central Bank of India.
Experts feel this consolidation is likely to continue in short term as the market has already priced in expected recovery in earnings from the second half of FY18 and normal monsoon.
Ashwani Gujral of ashwanigujral.com suggests buying ICICI Prudential Life Insurance, Voltas and Yes Bank.
Ashwani Gujral of ashwanigujral.com is of the view that problem in Infosys could linger on and advises buying RBL Bank, Hindustan Petroleum Corporation and Chennai Petroleum Corporation.
Mitessh Thakkar of miteshthacker.com is of the view that metal stocks like Hindustan Zinc, JSW Steel and Hindalco Industries should see upside momentum.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Global Beverage and Hindustan Zinc while he feels that PC Jeweller and Titan Company should rally further.
Rakesh Bansal of RK Global is of the view that one may buy M&M Finance with a target of Rs 447.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank, L&T Finance Holdings and ICICI Prudential Life Insurance.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying ICICI Prudential Life Insurance 430 Call and Yes Bank 1760 Call and likes Torrent Power, GSFC and Century Textiles and Industries.
Ashwani Gujral of ashwanigujral.com advises buying ICICI Prudential Life.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharti Airtel and hold ICICI Prudential while one can sell OBC and HDIL.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Prudential Life Insurance Company, Tata Steel and Capital First.