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 recommends buying NCC, Vedanta and IIFL Holdings.
Ashwani Gujral of ashwanigujral.com recommends buying Johnson Controls, RBL Bank, Kotak Mahindra Bank, Yes Bank, IndusInd Bank and KPIT Technologies.
Gaurang Shah of Geojit Financial Services is positive on Bharat Financial Inclusion.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland and Godrej Industries and can hold Tata Elxsi and can sell LIC Housing Finance and PSU banks.
"The Index has formed 'Bearish Belt Hold' candlestick pattern indicating downfall to continue in near term. It is heading towards 10,127 levels which is the 200 Simple Moving Average (SMA) which might work as immediate support zone," says Rajesh Agarwal of AUM Capital.
Mitessh Thakkar of miteshthacker.com recommends buying Hexaware Technologies with a stop loss of Rs 346.50 and target of Rs 366 and advises selling Hindalco Industries around Rs 232-233 with stop loss of Rs 240 and target of Rs 220.
The Nifty metal index extended its morning loses and was trading lower by 2.8 percent dragged by Hindalco Industries, JSW Steel, JSPL, NMDC, SAIL, Tata Steel and Welspun Corp.
The colour red is a synonym for a fall or correction. We have seen nearly 6 percent fall in the benchmark indices and doubled digit cuts in many stocks from small and midcap space.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell IndusInd Bank and Hindalco Industries and can buy Tata Elxsi.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NCC and IndusInd Bank and can sell Reliance Communications.
Mitessh Thakkar of miteshthacker.com recommends buying Bharat Electronics with a stop loss of Rs 151.50 for target of Rs 164, Can Fin Homes with a stop loss of Rs 528 for target of Rs 560 and Godrej Consumer Products with a stop loss of Rs 1063 and target of Rs 1095.
Ashwani Gujral of ashwanigujral.com recommends buying Interglobe Aviation, PC Jeweller and Ahluwalia Contracts.
Ashwani Gujral of ashwanigujral.com recommends buying EIL, IndusInd Bank, Karnataka Bank, ICICI Bank, LIC Housing Finance and Century Textiles.
Yogesh Mehta of Motilal Oswal is of the view that one can buy TCS and Hexaware Tech and can sell IndusInd Bank.
Sandeep Wagle of powermywealth.com is of the view that one can buy Reliance Capital and sell IndusInd Bank.
CLSA feels Maruti has potential to further strengthen India franchise with unveiling new compact SUV.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy United Breweries and Dredging Corporation and can sell TVS Motor.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying RIL, IndusInd Bank, Tata Steel, Bajaj Auto and Bata India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy RIL, Berger Paints, IndusInd Bank and NCC and can sell PNB and Bank of Baroda.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Cipla, IndusInd Bank, Maruti Suzuki and Apollo Tyres and can sell India Cements.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Consultancy Services.
Ashwani Gujral of ashwanigujral.com suggests buying Cera Sanitaryware, IndusInd Bank and Reliance Industries.
TCS, IndusInd Bank and MAS Financial Services, among others, are being tracked by investors on Friday.
Sanjiv Bhasin of IIFL expects at least 5 percent downside in IndusInd Bank and has HCL Tech as the top IT pick.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, Uflex and Delta Corp.