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 suggests buying Mahanagar Gas, Natco Pharma and Raymond and prefers Escorts over M&M.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Industrial Infrastructure, NBCC, Century Textiles and Industries and Natco Pharma.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell JSW Steel and can buy Dewan Housing Finance, Mindtree and Uflex.
Ashwani Gujral of ashwanigujral.com suggests buying Sundram Fasteners, Yes Bank and NBCC.
Sudarshan Sukhani of s2analytics.com recommends buying NBCC, Muthoot Finance, Shree Cements and Bharat Petroleum Corporation and advises selling Dr Reddy's Laboratories.
Vijay Chopra of enochventures.com advises buying IFCI with a target of Rs 34.50.
Ashwani Gujral of ashwanigujral.com recommends buying NBCC, Prestige Estates and Gujarat State Fertilisers.
Ashwani Gujral of ashwanigujral.com recommends buying ACC, YES Bank, Can Fin Homes, NBCC and Muthoot Finance.
Mitessh Thakkar of miteshthacker.com recommends buying Eveready Industries, NBCC, Colgate Palmolive and Godrej Consumer Products.
Ruchit Jain of Angel Broking advises buying Pidilite Industries with a target of Rs 742.
Support for Nifty at 9100 and resistance is at 9250 while Bank Nifty has support at 21200 and resistance at 21600, says Prakash Gaba of prakashgaba.com.
Prakash Gaba of prakashgaba.com is of the view that HPCL looks good while NBCC may test Rs 182.
Ashwani Gujral of ashwanigujral.com recommends buying NBCC, MOIL and Bharat Petroleum Corporation.
Rajat Bose of rajatkbose.com suggests buying NBC and Brigade Enterprises.
Ashwani Gujral of ashwanigujral.com recommends buying YES Bank, Can Fin Home and NBCC.
Ashwani Gujral of ashwanigujral.com recommends buying Rashtriya Chemicals and Fertilisers, Can Fin Homes, NBCC, Bharat Financial Inclusion and Bajaj Finance.
Ashwani Gujral of ashwanigujral.com recommends buying Muthoot Finance, NBCC and Hindustan Unilever.
Ashwani Gujral of ashwanigujral.com is of the view that UPL may test Rs 880 while NBCC may hit Rs 320.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, NBCC and PC Jeweller.
Ashwani Gujral of ashwanigujral.com recommends buying Kesoram Industries, NBCC, Escorts, HPCL and Sona Koyo Steering Systems.
Prakash Gaba of prakashgaba.com is of the view that IRB Infrastructure Developers can climb to Rs 221 and likes NBCC.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin, Executive VP-Markets & Corporate affairs at IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
Sudarshan Sukhani of s2analytics.com is of the view that NBCC is an excellent buying opportunity.
According to Ashwani Gujral of ashwanigujral.com, one can sell Bank of Baroda and LIC Housing Finance and buy Oberoi Realty, NBCC and Balrampur Chini.