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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Tata Global Beverage and KPIT Technologies and can sell Bharti Airtel, IRB Infra and Reliance Infrastructure.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell IRB Infra and can buy Mahindra & Mahindra.
Sustaining above 10,550 levels on tradable basis Nifty can rally initially towards 10,720 and then 10,840 levels. On the downside, the index has support at 10,400 which was last week low and a break below the said level may trigger a decline towards 10,320 and then 10,230 levels, says Ashish Chaturmohta, Head of Technicals and Derivatives, Sanctum Wealth Management.
Vishal Malkan of malkansview.com advises buying Bata India with a target of Rs 765.
Ashwani Gujral of ashwanigujral.com advises selling IRB Infrastructure with a target of Rs 190.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Ashok Leyland, Bharat Financial and Colgate Palmolive.
Tata Global, BHEL, and IRB Infra, among others, are on the radar of investors on Thursday.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell IRB Infra and UltraTech Cement and can buy Sun Pharma Advanced Research Company.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Natco Pharma and Jubilant Life Sciences and sell IRB Infrastructure, Tata Steel and Voltas.
Mitessh Thakkar of miteshthacker.com has a buy on Axis Bank with a stop loss of Rs 547 for target of Rs 585 and a buy on IDFC with a stop loss of Rs 61.8 for target of Rs 67.
According to Prakash Gaba of prakashgaba.com, one may hold IRB Infrastructure Developers.
Shahina Mukadam, Independent Market Expert is of the view that one may buy IRB Infrastructure Developers on dips.
IRB Infra, CESC and Rain Industries, among others, are being tracked by investors on Thursday.
Below is our latest offering: 12 conviction picks that could fetch you strong returns if held from this Diwali to the next, along with the rationale for our choices. The list is in alphabetical order.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Titan Company and Hindustan Unilever.
Nomura said it has reduce rating on Wipro with a target price of Rs 220 per share as past buyback trends suggest a fall-off is likely.
The research firm likes Ashoka Buildcon due to revenue growth visibility and stable margin. It has a buy rating on the stock with target of Rs 190 per share.
Dr Reddy’s Labs, Tata Global and Coal India, among others, are on the radar of analysts on Monday.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Century Plyboards and Kotak Mahindra Bank and sell IRB Infra.
Ashwani Gujral of ashwanigujral.com recommends buying IRB Infrastructure Developers, Engineers India, Repco Home Finance and PVR.
According to Mitessh Thakkar of mitesshthakkar.com, one can buy Ashok Leyland, CESC, Havells India and IRB Infra and can sell Container Corporation of India.,
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9920 and the resistance is at 10036-10069. On the other hand, Bank Nifty has support at 24650 and resistance at 25550.
Prakash Gaba of prakashgaba.com is of the view that IRB Infra can climb to Rs 230 while Larsen & Toubro can slide to Rs 1140.
The company’s 1Q results beat the street estimates, which is mainly led by strong toll revenue at its flagship Mumbai–Pune e-way and 44 percent rise in EPC execution, which resulted in to 40 percent growth in net profit of the company.
Idea Cellular, HDFC Bank, and Info Edge, among others are on the radar of analysts on Tuesday.