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
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Exide Industries and can sell Karnataka Bank.
Sandeep Wagle of powermywealth.com is of the view that one can sell Karnataka Bank and Adani Ports and can buy Ashok Leyland and NIIT Tech.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Godrej Consumer Products and can sell Karnataka Bank and Hindalco Industries.
Ashwani Gujral of ashwanigujral.com recommends buying EIL, IndusInd Bank, Karnataka Bank, ICICI Bank, LIC Housing Finance and Century Textiles.
Rakesh Bansal of RK Global is of the view that one may buy Interglobe Aviation with a target of Rs 1330.
Ruchit Jain of Angel Broking advises buying Godrej Consumer with a target of Rs 1091.
Ashwani Gujral of ashwanigujral.com recommends buying Bombay Burmah, Karnataka Bank and Radico Khaitan.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy United Breweries and Dredging Corporation and can sell TVS Motor.
According to Ashwani Gujral of ashwanigujral.com, one may exit Karnataka Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Global Beverage, BHEL and Gujarat Gas.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying NMDC, Balrampur Chini, Tata Power, Karnataka Bank and PC Jeweller.
Rajat Bose of rajatkbose.com is of the view that one may buy Bharat Forge with a target at Rs 738-743.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Karnataka Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Vakrangee with a stop loss of Rs 735, target of Rs 770 and Mindtree with a stop loss of Rs 546, target of Rs 570 while he advises selling Bharti Infratel with a stop loss of Rs 381, target of Rs 364.
Rakesh Bansal of RK Global is of the view that one may buy Bhagyanagar India with a target of Rs 72.
Hemant Thukral of Aditya Birla Money recommends buying Karnataka Bank and Tata Motors DVR.
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.
Aurobindo Pharma, L&T, Karnataka Bank, Indian Bank, REC Ltd, NTPC, DLF and Sun TV are looking attractive on technical setup.
Mitessh Thakkar of miteshthacker.com suggests buying Larsen & Toubro, Karnataka Bank, Sun TV and Engineers India.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Bhushan Steel, Karnataka Bank, DLF, SAI and Century Textiles.
Krish Subramanyam of Altamount Capital advises buying Federal Bank 130 Call and Karnataka Bank 170 Call.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Divis Laboratories and Karnataka Bank and can sell Zee Entertainment futures.
Karnataka Bank, MOIL and Graphite India are on the radar of
Amit Gupta of ICICIdirect recommends buying
Hemant Thukral of Aditya Birla Money suggests buying Escorts and Karnataka Bank while Reliance Industries is likely to remain range bound.