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
Rahul Shah of Motilal Oswal recommends buying Punjab National Bank, Maruti Suzuki and Jain Irrigation Systems.
Ashwani Gujral of ashwanigujral.com suggests buying Steel Authority of India with a stop loss of Rs 84, target of Rs 96, a buy on BF Utilities with a stop loss of Rs 474, target of Rs 500 and a buy on Engineers India with a stop loss of Rs 188, target of Rs 202.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Jain Irrigation Systems and Tata Power Company and can sell Eicher Motors.
Sandeep Wagle of powermywealth.com suggests buying Jain Irrigation Systems and Jet Airways.
Chandan Taparia of Motilal Oswal Securities recommends buying Aurobindo Pharma, Castrol India, Jain Irrigation Systems and Indraprastha Gas.
Adani Ports, Aurobindo Pharma, KPIT Technologies, Power Finance Corporation and Jain Irrigation could give up to 13% return in short term.
Sameet Chavan of Angel Broking is of the view that one may buy Adani Power with a target of Rs 36.80.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities suggests buying Tata Global Beverage, Hero MotoCorp, Adani Ports, Dr Reddy's Laboratories and Jain Irrigation Systems.
The midcap Index which was again the outperformer, up 1.29 percent led by Jain Irrigation Systems and Jaiprakash Associates while Bajaj Auto, ICICI Lombard General Insurance Company, MphasiS and Vedanta were some of few stocks that hit 52-week high on the NSE.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bata India, Indraprastha Gas and M&M Financial Services and advises holding Jain Irrigation Systems while he suggests selling Rico Auto.
Markets are driven by massive liquidity from domestic investors as well as the optimism of a double digit earnings growth which could well start reflecting in the numbers of India Inc. in the next two quarters.
Mitessh Thakkar of mitesshthakkar.com recommends selling Dish TV and Glenmark Pharma and advises buying HDFC Bank, Larsen and Toubro and PVR.
According to Mitessh Thakkar of miteshthacker.com, one can buy Jain Irrigation Systems, JustDial and The Ramco Cements
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy GSFC, Jain Irrigation Systems and Coal India and sell Tata Chemicals.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Index is at 9840 and the resistance is at 10005-10050. On the other hand, Bank Nifty has support at 24100 and resistance at 24511.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ceat, Can Fin Homes and Kolte Patil Developers.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Kajaria Ceramics while Indraprastha Gas and Mahanagar Gas look good.
Tech Mahindra, Sun TV and Bharat Fin, among others, are on the radar of investors on Tuesday.
Ashwani Gujral of ashwanigujral.com recommends buying Future Consumer, Central Bank of India and Britannia Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Britannia Industries, Petronet LNG, Vedanta, Coromandel International and TVS Motor Company.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Jain Irrigation Systems.
Sandeep Wagle of powermywealth.com advises exiting Jain Irrigation near to Rs 100.
Ashwani Gujral of ashwanigujral.com recommends selling M&M Financial Services, Jain Irrigation and PFC.
Sudarshan Sukhani of s2analytics.com recommends buying Zee Entertainment, Tata Consultancy Services and NTPC and advises selling Jain Irrigation Systems and Castrol India.
Ashwani Gujral of ashwanigujral.com suggests buying Jain Irrigation Systems, Vedanta and Edelweiss Financial Services.