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 buy BEML, Dr Reddy's Laboratories, Kajaria Ceramics and Power Grid Corporation of India and can sell PVR.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Power and can sell Indian Oil Corporation and Kajaria Ceramics.
Ashwani Gujral of ashwanigujral.com recommends buying HCL Technologies, Interglobe Aviation and Marico.
Gaurav Ratnaparkhi of Sharekhan advises selling IDFC Bank with a target of Rs 53.50.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Sun TV Network and Hindustan Unilever.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian ofsptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Bharat Electronics, Union Bank of India and Fortis Healthcare.
Mitessh Thakkar of miteshthacker.com recommends buying Kajaria Ceramics, Muthoot Finance, Aegis Logistics and EID Parry.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9580-9540 and resistance at 9660-9713 while Bank Nifty has support at 23250 and resistance at 23600.
The single tax would replace 17 indirect tax levies and improve taxation efficiency. Most goods are placed under the four slabs of services tax i.e. 5, 12, 18 and 28 percent.
VK Sharma, Head of Business-Private Client Group at HDFC Securities is of the view that one may buy Colgate Palmolive 980 Call.
The market undertone is likely to remain bullish with the support of consistent FII buying and short covering. With that in mind, we have collated a list of seven trading strategies based on technical parameters for the short term.
Ashwani Gujral of ashwanigujral.com recommends buying Torrent Power, IIFL Holdings and Kajaria Ceramics.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NTPC and Kajaria Ceramics and sell NIIT Technologies.
JP Morgan has set a target of Rs 90 per share on Tata Power awaiting clarity on a reconciliation of the two calculations. It says methodology for calculating tariff is a relief for Mundra UMPP.
Prakash Gaba of prakashgaba.com is of the view that one may exit Kajaria Ceramics on bounce.
Ashwani Gujral of ashwanigujral.com suggests buying Escorts, Kajaria Ceramics and Edelweiss Financial Services.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com listed his stock picks and market outlook.
According to Ashwani Gujral of ashwanigujral.com, one can buy JK Lakshmi Cement.
Vijay Chopra of Enoch Ventures is of the view that one may buy HCC with a target of Rs 37.50.
Ashwani Gujral of ashwanigujral.com recommends buying Petronet LNG, United Breweries and Cipla.
Though 7th pay hike is lower than in 6th Pay Commission and the arrear payouts are likely to be lower, analysts still expect a consumption boost. Citi economists expect consumption growth pick up to 8.4 percent in FY17 from 7.6 percent in FY16 (marginal downside risks from potential delays in implementation of allowances hike).
Ashish Kyal of wavesstrategy.com recommends buying Tech Mahindra and Kajaria Ceramics and advises selling Sun Pharma.
Prakash Diwan of prakashdiwan.in advises holding Kajaria Ceramics.
Sudip Bandopadhyay, Market Expert is of the view that one may enter Kajaria Ceramics.