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
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Hudco and sell India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, TV Today and EID Parry.
Sandeep Wagle of powermywealth.com suggests buying India Cements and Axis Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Berger Paints, REC and Wockhardt.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, Union Bank of India and Petronet LNG.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 10020 and the resistance is at 10138-10150. Bank Nifty on the other hand has support at 24600 and resistance at 25000.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, Voltas and Escorts.
Sameet Chavan of Angel Broking is of the view that one may buy Jindal Saw with a target of Rs 124.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, DHFL and Karnataka Bank.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, IndusInd Bank and L&T Finance Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tata Motors DVR, India Cements and Bank of Baroda and buy GSFC and Engineers India.
Ruchit Jain of Angel Broking advices buying selling Apollo Hospital with a target of Rs 1030.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell India Cements and Bharat Financial Inclusion and buy Edelweiss Financial Services.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indian Oil Corporation, Balrampur Chini and Dewan Housing Finance and sell Tata Motors and DLF.
Sumeet Jain of Destimoney Securities is of the view that one may sell Multi Commodity Exchange of India (MCX) Future with a target of Rs 955.
According to Ashwani Gujral of ashwanigujral.com, one may buy Tata Steel, Jubilant Foodworks, India Cements and BEML.
Ashwani Gujral of ashwanigujral.com suggests selling Kaveri Seed Company, Indiabulls Real Estate and India Cements.
Sumeet Jain of Destimoney Securities is of the view that one may sell Divis Lab Future with a target of Rs 594.
Credit Suisse has maintained outperform rating on Jubilant Foodworks with a target price of Rs 1,500.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Sandeep Wagle of powermywealth.com is of the view that one can buy Ashok Leyland and can sell India Cements.
Prakash Gaba of prakashgaba.com is of the view that some sideways action is not ruled out. The crucial support for the Nifty is at 9920 and the resistance is at 10036-10069. On the other hand, Bank Nifty has support at 24775 and resistance at 25550.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Financial Inclusion and India Cements.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Dredging Corp, India Cements and Kotak Mahindra Bank.
CA Rudramurthy BV of Vachana Investments recommends buying Sun TV Network, DLF and India Cements.