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
Jay Thakkar of Anand Rathi Securities is of the view that oen may buy NIIT Tech with a target of Rs 912.
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.
Ruchit Jain of Angel Broking is of the view that one may buy MCX India with a target of Rs 768.
Jay Thakkar of Anand Rathi Securities is of the view that one may buy Arvind with a target of Rs 404.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy IDFC and Kajaria Ceramics and can hold Jain Irrigation.
For the last couple of weeks, the index had been trading in a narrow range but closer to its all-time high levels and on Tuesday, Nifty formed a bearish candlestick covering this range.
We believe that returns in 2018 from equity markets will primarily be dependent on the interplay between domestic liquidity and earnings growth.
Mitessh Thakkar of mitesshthakkar.com recommends buying Dish TV with a stop loss of Rs 79 and target of Rs 85, a buy on GMR Infra with a stop loss of Rs 19.20 and target of Rs 21 and a buy on JSW Energy with a stop loss of Rs 84 and target of Rs 91.
Sandeep Wagle of powermywealth.com is of the view that one can buy Hindustan Petroleum Corporation and can sell Kajaria Ceramics.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Titan Company, Tata Elxsi, Ceat, Kajaria Ceramics, Bajaj Auto and Sun Pharmaceutical Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Divis Laboratories, Bajaj Auto, Tata Chemicals and V-Guard Industries and can sell Chennai Petroleum.
Mitessh Thakkar of miteshthacker.com suggests selling ACC with a stop loss of Rs 1734 for target of Rs 1650 and advises buying Biocon with a stop loss of Rs 412 for target of Rs 445.
The Goods and Services (GST) Council, which met in Guwahati for a 2-day meet starting Thursday of last week, has decided to keep only 50 luxury and 'sin' goods like tobacco in the highest slab.
Mitessh Thakkar of miteshthacker.com has a buy on Amar Raja Batteries with a stop loss of Rs 713 for target of Rs 765 and a sell on ITC with a stop loss of Rs 265 for target of Rs 251 and a sell also on ACC with a stop loss of Rs 1774 for target of Rs 1730.
The 2-day GST council meeting is underway and the outcome is expected on Friday.
Mitessh Thakkar of mitesshthakkar.com suggests buying Bharat Electronics and Kajaria Ceramics.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Mahindra & Mahindra Financial Services and buy Sun Pharmaceutical Industries, Tata Steel, Voltas and Page Industries.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Andhra Sugar with a target of Rs 650.
Tata Steel, UPL, HDFC and Lupin, among others, are on investors’ radar on Tuesday.
In an interview to CNBC-TV18's Surabhi Upadhyay and Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy NTPC, RBL Bank and BHEL and can sell Kajaria Ceramics.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Amara Raja Batteries and Kajaria Ceramics and can buy Bharat Electronics and Dabur India while one can hold Coal India.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy HCL Technologies, Yes Bank and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com feels that Kajaria Ceramics may test Rs 800-850.
Tata Motors, HDFC and Cadila Health, among others, are being tracked by analysts on Thursday.