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
After a sharp correction seen throughout in the month of March, analysts feel that the Nifty could see a bounce back which could take the Nifty towards 10300-10400 levels. But, that would just be a ‘Dead Cat Bounce’ as the pain is not yet over.
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra with a stop loss of Rs 614 and target of Rs 635 and has a buy also on Tata Consultancy Services with a stop loss of Rs 3000, target of Rs 3150.
Ashwani Gujral ashwanigujral.com advises selling Tata Steel and ICICI Bank.
Sandeep Wagle of powermywealth.com is of the view that one can sell Indraprastha Gas and can buy Jubilant Foodworks.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Jubilant Foodworks and Kajaria Ceramics and can sell Glenmark Pharma and UltraTech Cement.
Ashwani Gujral of ashwanigujral.com suggests buying Bajaj Finance, Jubilant Foodworks, Avenue Supermarts and Ashok Leyland.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Adani Ports and Sun TV Network and can buy Suprajit Engineering, Avenue Supermarts, Bajaj Finance and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tata Steel, Adani Enterprises, JSW Steel and Vedanta and can buy L&T Finance and Piramal Enterprises.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company with a stop loss of Rs 810, target of Rs 840, Reliance Industries with a stop loss of Rs 900, target of Rs 925 and a buy also on Jubilant Foodworks with a stop loss of Rs 1990, target of Rs 2050.
Rajat Bose of rajatkbose.com is of the view that one can buy Jubilant Foodworks and United Breweries.
Mitessh Thakkar of miteshthacker.com recommends selling Bosch with a stop loss of Rs 18,900 and target of Rs 18,200, Shree Cements with a stop loss of Rs 16,850 and target of Rs 16,000 and Zee Entertainment with a stop loss of Rs 576 for target of Rs 545.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell IndusInd Bank and Hindalco Industries and can buy Tata Elxsi.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DHFL, BOI, SBI and DLF and can buy Jubilant Foodworks and NTPC.
Earnings downgrade to upgrade ratio moderated on a sequential basis (QoQ) as 65 companies saw earnings cut of over 3 percent (58 in 2QFY18) and 43 companies saw earnings upgrades of over 3 percent (49 in 2QFY18).
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities is of the view that one can buy Jubilant Foodworks 1950 Put and DLF 230 Put.
Broadly post the recent fall in the market, the index is likely to trade in a range of 10,740-10,400 and consolidate around these levels.
Jay Thakkar of Anand Rathi Securities is of the view that one may buy Arvind with a target of Rs 404.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy M&M, ITC, Dish TV and Ashok Leyland and can sell Godfrey Phillips, Chennai Petro, LIC Housing and DHFL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT Technologies and Tata Consultancy Services and can sell Jubilant Foodworks.
Sudarshan Sukhani of s2analytics.com recommends buying DLF, Jubilant Foodworks and Hexaware Tech.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HCL Tech, Kotak Mahindra Bank and Jubilant Foodworks and can sell Kaveri Seed and Can Fin Homes.
Kotak Mahindra Bank, RIL and HDFC Bank, among others, are being tracked by investors on Monday.
Ashwani Gujral of ashwanigujral.com is of the view that Jubilant Food is likely to rally to Rs 2,350 while NIIT Technologies may test Rs 700.
Sandeep Wagle of powermywealth.com is of the view that one can sell Berger Paints and buy Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Prudential Life Insurance, Tata Elxsi and Jubilant Foodworks.