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 advises buying India Cements, NTPC and Havells India.
Ashwani Gujral of ashwanigujral.com suggests buying Capital First, CG Power and India Cements.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9300-9280 and resistance at 9400 while Bank Nifty has support at 22400 and resistance at 22700.
Nifty has support at 9375-9312 and resistance at 9500 while Bank Nifty has support at 22450-22400 and resistance at 22800, says Prakash Gaba of prakashgaba.com.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jet Airways and India Cements and buy Britannia Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Canara Bank, Union Bank of India and Bank of India on dips.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy India Cements, Century Textiles and Industries and Rural Electrification Corporation and sell Aurobindo Pharma.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy India Cements, Castrol India, IDFC Bank and Sintex Industries and sell MCX India.
Ashwani Gujral of ashwanigujral.com recommends buying Bhushan Steel, India Cements, HDIL, Can Fin Homes and Bajaj Finserv.
According to VK Sharma of HDFC Securities, one may buy State Bank of India 305 Call.
Sumeet Jain of Destimoney Securities is of the view that one may buy India Cements with a target of Rs 234.
Sudarshan Sukhani of s2analytics.com suggests buying Hexaware Tech, Godrej Consumer Products and India Cements.
Ashwani Gujral of ashwanigujral.com suggests buying Century Textiles, India Cements and VIP Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Sobha, DLF and Godrej Properties and feels that Andhra Bank may test Rs 85.
Sandeep Wagle of powermywealth.com is of the view that one can buy Jindal Steel & Power and India Cements and sell Ceat.
Prakash Gaba of prakashgaba.com likes India Cements and feels that Ambuja Cements may climb to Rs 250 while Lupin looks weak.
Sudarshan Sukhani of s2analytics.com recommends buying UltraTech Cement.
Sandeep Wagle of powermywealth.com is of the view that one can buy Apollo Tyres and India Cements.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Havells India, Infosys and Apollo Tyres while India Cements may test Rs 200.
The National Company Law Tribunal (NCLT) has approved India Cements' merger with its subsidiaries Trinetra Cement and Trishul Concrete Products. "This will help the company to re-align its focus on core business segment and ultimately re-rate the stock valuations in the medium-term", Vaibhav Agarwal of PhillipCapital told CNBC-Tv18.
Rajat Bose of rajatkbose.com suggests buying Capital First, India Cements and Engineers India.
Ashwani Gujral of ashwanigujral.com is of the view that one can add Jay Bharat to portfolio while India Cements may test Rs 215.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy HCC, Granules India and Power Grid and sell Oracle Financial Services.
According to Ashwani Gujral of ashwanigujral.com, one may India Cements, Petronet LNG and Bharti Infratel.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Prestige Estates and India Cements.