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
Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal Securities suggests buying Havells India, Infosys and Dewan Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one can avoid PSU banks and focus on NBFC and advises buying Infosys and LIC Housing Finnace.
According to Rajat Bose of rajatkbose.com, one can buy TCS, Hexaware Tech and Tata Elxsi and advises avoiding Infosys.
Ashwani Gujral of ashwanigujral.com recommends buying Infosys, Balkrishna Industries and Voltas.
Rajat Bose of rajatkbose.com suggests buying Asian Paints, Motherson Sumi, Capital First and L&T Finance Holdings.
Ashwani Gujral of ashwanigujral.com suggests buying Sundram Fasteners, Yes Bank and NBCC.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell NMDC and Equitas Holdings and buy Infosys.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9350-9312 and resistance at 9500 while Bank Nifty has support at 22450-22400 and resistance at 22800.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9350 and resistance at 9500 while Bank Nifty has support at 22400 and resistance at 22800.
Dharmesh Kant of Motilal Oswal Securities suggests buying Infosys.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Havells India, Infosys and M&M Financial while one can avoid JK Tyre.
Mitessh Thakkar of miteshthacker.com is of the view that one may sell IGL and buy Infosys.
Mitessh Thakkar of miteshthacker.com suggests buying Infosys while advises selling Asian Paints.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys, Tata Consultancy Services, HCL Technologies and IRB Infrastructure and can sell Cipla.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Axis Bank, Adani Ports and Infosys and can sell Jindal Steel & Power.
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.
Rajat Bose of rajatkbose.com is of the view that one may prefer Capital First and Gruh Finance.
Ashwani Gujral of ashwanigujral.com recommends buying Aurobindo Pharma, Canara Bank and City Union Bank.
Gaurang Shah of Geojit Financial Services advises buying Infosys with a long term view.
Analysts largely have maintained their subdued view on the stock due to the weak revenue and disappointing guidance for the next year.
Analysts have an information technology major among the two stocks that are being tracked
In an interview to CNBC-TV18’s Sonia Shenoy and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views on the market outlook and specific stocks and sectors.
The whole world might be worried about IT and pharma amid regulatory hurdles as well as rising rupee but fundamentally they remain a strong play, Sheth told CNBC-TV18.
Ashwani Gujral of ashwanigujral.com suggests buying PVR and Indiabulls Real Estate and advises selling Infosys.