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
Unless Nifty retreats below its crucial daily moving averages, which are near 10,350-10,250, it has a scope to stretch till 10,560-10,700 on the upside.
The latest analysis and commentary by stock market guru Ashwani Gujral of ashwanigujral.com on what is moving the markets today. Check out his top stock recommendations.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Colgate Palmolive and can sell Bharat Electronics and Adani Ports.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ajanta Pharma and Tech Mahindra and can sell BEML, CESC and India Cements.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer India Cements and Ramco Cement.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Mahanagar Gas, Castrol India and BPCL and can sell India Cements.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Motherson Sumi with a target of Rs 343.80.
Gaurav Ratnaparkhi of Sharekhan advises buying Dr Reddy's Lab with a target of Rs 2283.
According to Shahina Mukadam, Independent Market Expert, one may hold India Cements.
Sandeep Wagle of powermywealth.com is of the view that one may hold India Cements.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Union Bank of India and Syndicate Bank and can buy Escorts.
Manoj Murlidharan of Religare Securities recommends buying ITC, India Cements and GSFC.
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.
Ashwani Gujral of ashwanigujral.com recommends buying Bombay Burmah, Karnataka Bank and Radico Khaitan.
Vijay Chopra of enochventures.com suggests buying Hindusthan Zinc with a target of Rs 310.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy KPIT Technologies and Colgate Palmolive and can sell BEML and India Cements.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cipla, IndusInd Bank, Maruti Suzuki and Apollo Tyres and can sell India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying KRBL and Dewan Housing Finance and advises selling India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying GMR Infra with a stop loss of Rs 20, target of Rs 27 and sell Capital First with a stop loss of Rs 860, target of Rs 800.
Sameet Chavan of Angel Broking advises buying Rallis India with a target of Rs 304.
Sandeep Wagle of powermywealth.com advises buying India Cements and ICICI Prudential.
Prakash Gaba of prakashgaba.com feels that Grasim Industries can climb to around Rs 1280.
Vishal Malkan of malkansview.com is of the view that one may buy Hexaware Technologies with a target of Rs 375.
Ashwani Gujral of ashwanigujral.com recommends buying Orient Cement, Havells India and Kotak Mahindra Bank.
Vijay Chopra of enochventures.com advises buying BF Utilities with a target of Rs 550.