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 Technical Analyst Prakash Gaba of prakashgaba.com, the trend is still up and there is a good chance that some sluggishness may creep in these upper regions. The crucial support for the Nifty is at 9900 and the resistance is at 10041-10080. On the other hand Bank Nifty has support at 24000 and resistance at 24312-24400.
Prakash Gaba of prakashgaba.com is of the view that Hindustan Unilever may test Rs 1230 while IndusInd Bank may hit Rs 1740.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IndusInd Bank and PVR while he feels that Trident may test Rs 135.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Future Consumer, Tata Chemicals and Raymond.
Here is a list of top 5 stocks which can give up to 10% return in the short term.
Ashwani Gujral of ashwanigujral.com advises buying IndusInd Bank, Shoppers Stop and TVS Motor.
Prakash Gaba of prakashgaba.com is of the view that one may prefer IndusInd Bank, HDFC and Ashok Leyland.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell IndusInd Bank and SBI.
In an interview to CNBC-TV18, Dipan Mehta, Member BSE & NSE, spoke about his reading of the market and his outlook on a few stocks.
The bad has been done or negligible is being left, one should start accumulating good quality and cheap valuations steps available in the market, says Dyaneshwar Padwal – AVP – Technical Analysis, KIFS Trade Capital to Moneycontrol.
Gaurang Shah of Geojit Financial Services is of the view that one may hold IndusInd Bank.
Prakash Gaba of prakashgaba.com is of the view that one may stay invested in IndusInd Bank.
Ashwani Gujral of ashwanigujral.com recommends buying IndusInd Bank, HDFC and Ajanta Pharma.
Ashwani Gujral of ashwanigujral.com recommends buying Bharat Forge, Max Financial and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com suggests buying IndusInd Bank, Raymond and CESC and advises holding Yes Bank.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC Bank, IndusInd Bank and Chambal Fertilisers.
Tata Steel, IndusInd Bank, and ICICI Bank, among others are being tracked by investors today.
Gaurang Shah of Geojit Financial Services is of the view that one may hold Bharat Financial Inclusion.
Ashwani Gujral of ashwanigujral.com suggests buying IndusInd Bank, Muthoot Finance and M&M Financial Services.
Here is a list of top five trading ideas which can give up to 10% return in short term.
Chandan Taparia of Motilal Oswal Securities recommends buying NMDC, IndusInd Bank and Eicher Motors.
Sandeep Wagle of powermywealth.com suggests buying IndusInd Bank and National Aluminium Company.
Ashwani Gujral of ashwanigujral.com recommends buying Century Textiles, Raymond and IndusInd Bank.
In an interview to CNBC-TV18, Nidhesh Jain, Analyst at Investec Capital Services shared his views on non banking financial companies (NBFCs) and also spoke about the deal in the making - IndusInd Bank and Bharat Financial Inclusion.