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
Mitessh Thakkar of miteshthacker.com suggests buying IRB Infrastructure Developers and GMR Infra.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Britannia Industries, Colgate Palmolive, Hindustan Unilever, Hero MotoCorp, Interglobe Aviation, Lupin and Aurobindo Pharma and can sell IRB Infrastructure Developers and Housing Development and Infrastructure.
Ashwani Gujral of ashwanigujral.com recommends buying Rashtriya Chemicals & Fertilizers and Sintex Industries and advises selling Escorts, IRB Infrastructure and VIP Industries.
Mitessh Thakkar of miteshthacker.com recommends buying Aditya Birla Nuvo and Godrej Consumer and advises selling Zee Entertainment, Bata India and Glenmark Pharma.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer IRB Infrastructure Developers and Man Infraconstruction.
Rajat Bose of rajatkbose.com is of the view that on ecan exit IRB Infra below Rs 215.
Mitessh Thakkar of miteshthacker.com suggests buying IRB Infra and Adani Ports.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9580-9540 and resistance at 9713 while Bank Nifty has support at 23200 and resistance at 23600.
Ashwani Gujral of ashwanigujral.com recommends buying United Spirits, BEML and Ashok Leyland.
In an interview to CNBC-TV18's Surabhi Upadhyay and Nigel D'souza, SP Tulsian shared his readings and outlook on the fundamentals of the market and specific stocks.
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.
Ashwani Gujral of ashwanigujral.com
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Kotak Mahindra Bank, Bajaj Auto, Gujarat State Petronet and Sharda Cropchem and can sell SAIL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ITC and Larsen & Toubro on dips.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy SBI, IDBI Bank, Corporation Bank and IRB Infra and can sell Ujjivan Financial Services.
Mitessh Thakkar of miteshthacker.com suggests buying Indian Bank, M&M, IRB Infra and PC Jeweller.
Ashwani Gujral of ashwanigujral.com recommends buying DLF, Reliance Infrastructure and Reliance Capital.
Hemant Thukral of Aditya Birla Money is of the view that one can buy IRB Infrastructure Developers and sell Bharat Forge.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IRB Infrastructure Developers, DLF and Reliance Infra.
The market undertone is likely to remain bullish with the support of consistent FII buying and short covering. With that in mind, we have collated a list of seven trading strategies based on technical parameters for the short term.
Siemens, Amara Raja, IRB Infrastructure developers are on its radar.
Mehraboon Irani of Nirmal Bang Securities is of the view that valuation wise IRB Infra looks attractive while one can prefer Dalmia Bharat from the cement space.
CA Rudramurthy BV, Research head at Vachana Investments recommends buying Bharat Financial Inclusion, Reliance Capital and IRB Infrastructure.
Prakash Gaba of prakashgaba.com likes IRB Infra while he recommends buying Hindustan Construction Company on dips.