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 suggests buying NTPC and sell Sun Pharmaceutical Industries and ITC.
Ashwani Gujral of ashwanigujral.com recommends buying ITC, Reliance Industries and Bharat Electronics and feels that UPL may head to Rs 900.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ICICI Bank, State Bank of India, ITC and Aditya Birla Nuvo and can sell Hexaware Technologies.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Aksh Optifibre, SML Isuzu and Bata India and sell Tata Motors and Just Dial.
Yogesh Mehta of Motilal Oswal recommends buying ITC, HDFC Bank and Federal Bank.
Amit Gupta of ICICIdirect is of the view that ITC can move towards Rs 300 while Ambuja Cements can head to Rs 275.
According to Ashwani Gujral of ashwanigujral.com, one can buy ITC, Axis Bank, Century Textiles and Cera Sanitaryware.
Ashwani Gujral of ashwanigujral.com recommends buying Dredging Corporation, Engineers India and India Cements.
ITC, UPL, Dr. Reddy's, among others are being watched by analysts, while steel and oil and gas too remain on their radar.
Here are five stocks to buy based on technical parameters with a holding period of 1 month.
Some of our top ideas include names like Tata Motors, ICICI Bank, SBI, ITC, Britannia, Hindalco, Colgate Palmolive India, Crompton Consumer, IOC Ltd, RBL Bank, Manpasand Beverages, Ultratech Cements and JK Cement, he said.
Ashwani Gujral of ashwanigujral.com recommends buying Axis Bank on dips and feels that HDFC may test Rs 1800.
Ashwani Gujral of ashwanigujral.com is of the view that HPCL and BPCL may rally by 8-10 percent while ITC may head towards Rs 315-320.
According to Prakash Gaba of prakashgaba.com, Adani Enterprises can climb to Rs 110 while ITC may test Rs 285.
Prakash Gaba of prakashgaba.com is of the view that ITC looks good and likes Federal Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy YES Bank and Max Financial Services and sell ITC.
According to Ashwani Gujral of ashwanigujral.com, ITC remains a buy at around Rs 265 while all rallies on Axis Bank should be sold into.
Prakash Gaba of prakashgaba.com is of the view that ITC can slide to Rs 275 while Tata Steel can slip to Rs 480.
Amit Gupta of ICICIdirect is of the view that one can buy Tata Global Beverage and Dabur India.
Ashwani Gujral of ashwanigujral.com is of the view that Idea Cellular to head below Rs 98 while one may prefer HDFC and ITC.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank and UPL and advises selling Bharti Airtel.
Speaking to CNBC-TV18, Roy said the rate of cess decided upon tobacco products at Rs 4,170 per 1,000 sticks or 290 percent ad valorem and a cess on pan masala at 135 percent ad valorem is the highest cap proposed and that the actual rate of cess levied can be lower.
Ashwani Gujral of ashwanigujral.com recommends buying ITC, M&M Financial Services and Maruti Suzuki.
According to Ashwani Gujral of ashwanigujral.com, HDFC may hit Rs 1600 while JSW Steel can head to Rs 230 and advises buying Jet Airways.