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 sell NTPC and Bharti Infratel and can buy Tata Steel, Sun TV and Sun Pharmaceutical Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Glenmark Pharma and Jain Irrigation Systems and can sell Biocon.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy IDFC and Kajaria Ceramics and can hold Jain Irrigation.
Yogesh Mehta of Motilal Oswal recommends buying State Bank of India, Asian Paints and NHPC.
Ashwani Gujral of ashwanigujral.com suggests buying Canara Bank, Bank of Baroda and Punjab National Bank.
CA Rudramurthy BV, Research Head at Vachana Investments recommends buying Jain Irrigation Systems, Fortis Healthcare and Hindalco Industries.
Ashwani Gujral of ashwanigujral.com suggests buying Ashok Leyland, Jain Irrigation Systems and Tata Motors.
Chandan Taparia of Motilal Oswal Securities recommends buying Tata Steel, Can Fin Homes and Larsen & Toubro.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Forge, Yes Bank and NMDC and advises holding Lupin while one can sell Dalmia Bharat Sugar.
Ashwani Gujral of ashwanigujral.com recommends buying Jain Irrigation Systems, India Cements and Hexaware Technologies.
Sandeep Wagle of powermywealth.com is of the view that one may pick Jain Irrigation, Sobha and Praj Industries.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities suggests buying Balrampur Chini 160 Call and Jain Irrigation Systems 122.5 Call.
Sameet Chavan of Angel Broking is of the view that one may buy Kesoram Industries with a target of Rs 161.
We continue to remain positive as long as 10,000 is sustained on the Nifty and the current correction can be utilised to enter into fresh long positions, says Rahul Sharma, Head – Technical & Derivatives Strategy at Centrum Broking.
According to Technical Analyst Prakash Gaba of prakashgaba.com, looks like the Nifty is trying to test the 10094 mark. The crucial support for the index is at 10094 and the resistance is at 10260-10300. Bank Nifty has support at 25000-25100 and resistance at 26600.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Maruti Suzuki.
Auto companies like Hero MotoCorp, M&M and Escorts also highlighted rural growth recovery. India Inc. expects the demand trends to strengthen as we move into 2HFY18.
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.
Ruchit Jain of Angel Broking is of the view that one may buy Brigade Enterprises with a target of Rs 330.
Ashwani Gujral of ashwanigujral.com suggests buying Eicher Motors, Jain Irrigation Systems and Axis Bank.
Ruchit Jain of Angel Broking is of the view that one may buy Brigade Enterprises with a target of Rs 330.
Mitessh Thakkar of mitesshthakkar.com recommends buying Jain Irrigation Systems, Apollo Tyres and RBL Bank.
Sandeep Wagle of powermywealth.com is of the view that one can buy Jain Irrigation and sell L&T Finance Holdings.
CA Rudramurthy BV at Vachana Investments suggests buying Jain Irrigation Systems, Raymond and Bharti Airtel.
Mitessh Thakkar of miteshthacker.com has a sell on Cummins India below Rs 880, stop loss of Rs 896 for target of Rs 850 and a buy on Godrej Consumer with a stop loss of Rs 962 for target of Rs 1015.