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
According to Ashwani Gujral of ashwanigujral.com, one can buy ITC, Punjab National Bank, Yes Bank and Union Bank of India.
CA Rudramurthy BV, Research Head at Vachana Investments recommends buying India Cements, DLF and Engineers India.
Prakash Gaba of prakashgaba.com suggests holding Hindustan Zinc while he feels that support for Havells India is placed at Rs 425.
Rajat Bose of rajatkbose.com recommends buying India Cements, Rain Industries, Nitco and Caplin Point.
Prakash Gaba of prakashgaba.com is of the view that Coal India can climb to Rs 252 and India Cements may test Rs 206.
Rajat Bose of rajatkbose.com recommends buying Aban Offshore, India Cements, PVR and M&M Financial Services.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy India Cements, Bharti Airtel and ICICI Prudential Life and can sell Indraprastha Gas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Yes Bank around Rs 1480 and can sell Ujjivan Financial Services.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Cholamandalam Investment and can sell India Cements and NMDC.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Just Dial, NMDC and Wockhardt and can buy Aditya Birla Nuvo and HDFC.
Ashwani Gujral of ashwanigujral.com advises buying Bharat Forge, Colgate Palmolive, Federal Bank and India Cements.
Mitessh Thakkar of mitesshthakkar.com advises buying Century Textiles, Indraprastha Gas, India Cements and Sun TV.
Sameet Chavan of Angel Broking advises buying Century Textiles and Industries with a target of Rs 1155.
Sandeep Wagle of powermywealth.com suggests buying Bharat Forge and India Cements.
Sandeep Wagle of powermywealth.com recommends buying Federal Bank and India Cements and feels that Aurobindo Pharma may test Rs 730.
According to Ashwani Gujral of ashwanigujral.com, one can buy BPCL, India Cements and UPL and feels that Aurobindo Pharma may test Rs 700.
Sandeep Wagle of powermywealth.com recommends buying India Cements and Dredging Corporation.
Mitessh Thakkar of miteshthacker.com suggests buying Federal Bank and feels that above Rs 1085, Colgate Palmolive may test Rs 1120.
Hemant Thukral of Aditya Birla Money recommends buying Can Fin Homes and India Cements.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy TVS Motor Company and India Cements and sell Sun TV.
Ashwani Gujral of ashwanigujral.com suggests buying Dewan Housing Finance, Indiabulls Housing Finance and India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying Voltas, Hindustan Unilever, DCB Bank, India Cements and GSPL.
According to Ashwani Gujral of ashwanigujral.com, one can buy Edelweiss Financial, Tata Elxsi and India Cements.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9580-9540 and resistance at 9660-9713 while Bank Nifty has support at 23100 and resistance at 23500.
Sameet Chavan of Angel Broking recommends buying NMDC with a target of Rs 122 and Just Dial with a target of Rs 492.