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
Sandeep Wagle of powermywealth.com is of the view that one can buy ITC and can sell UltraTech Cement.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell State Bank of India and Can Fin Homes and buy ITC.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell NMDC and Equitas Holdings and buy Infosys.
In an interview to CNBC-TV18, Abneesh Roy, Senior VP at Edelweiss Securities spoke about the stocks that might see either positive or negative impact by the goods and services tax (GST).
Mitessh Thakkar of miteshthacker.com suggests buying ITV while he feels that HPCL may test Rs 490.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Consultancy Services and sell Just Dial and Interglobe Aviation.
Chandan Taparia of Motilal Oswal Securities recommends buying ITC, Petronet LNG and Cipla and suggests selling BPCL.
State Bank of India, Motherson Sumi and Suzlon, among others are on the radar of brokerage firms today
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.
The single tax would replace 17 indirect tax levies and improve taxation efficiency. Most goods are placed under the four slabs of services tax i.e. 5, 12, 18 and 28 percent.
Krish Subramanyam of Altamount Capital is of the view that one can buy Tata Global Beverage 150 Call and feels that ITC may test Rs 320.
Sandeep Wagle of powermywealth.com recommends buying Marico and ITC and is bullish on Tata Steel and Bank of Baroda while he advises selling UPL.
According to Ashwani Gujral of ashwanigujral.com, one can buy Yes Bank, Bank of Baroda, ITC.
According to Sandeep Wagle of powermywealth.com, one may buy ITC and Marico.
Ashwani Gujral of ashwanigujral.com suggests buying Bata India while he feels that TVS Motor may test Rs 580-600.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Ports, DCB Bank and Bank of Baroda and can sell Interglobe Aviation and Arvind while he feels that Godfrey Phillips may test Rs 1550.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Arvind, Eicher Motors and Anant Raj and sell ITC and Jubilant Foodworks.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ITC and Larsen & Toubro on dips.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market and also gave recommendations on various stocks.
Mitessh Thakkar of mitesshthakkar.com suggests buying ITC, NIIT Tech, Apollo Hospitals, BEML and McLeod Russel.
Ashwani Gujral of ashwanigujral.com recommends buying ITC, TVS Motor and Balkrishna Industries.
Sandeep Wagle of powermywealth.com is of the view that one can buy ITC and sell HCL Technologies.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy ITC and Cummins India.