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
Ashwani Gujral of ashwanigujral.com advises buying Aurobindo Pharma, Voltas and Sun Pharmaceutical Advanced Research Company.
Chandan Taparia of Motilal Oswal Securities recommends buying Tata Steel, Can Fin Homes and Larsen & Toubro.
Prakash Gaba of prakashgaba.com recommends buying DLF with target at Rs 260 and stop loss at Rs 237, a buy on Larsen & Toubro with a target at Rs 1256 and stop loss at Rs 1222 and a buy also on NIIT Tech with target at Rs 660 and stop loss at Rs 662.
Mitessh Thakkar of miteshthacker.com recommends buying HDFC Bank, Lupin, Larsen & Toubro and Delta Corp.
Gaurang Shah of Geojit Financial Services is of the view that one may hold Larsen and Toubro.
Prakash Gaba of prakashgaba.com is of the view that one may see upside in L&T.
The prospects for the BJP-led National Democratic Alliance (NDA) coalition look solid for the 2019 national elections; however, a hint of rising populism has the potential to hamper the growth recovery.
Shahina Mukadam, Independent Market Expert is of the view that one may stay invested in L&T.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Global Beverage with a stop loss of Rs 278, target of Rs 294, DLF with a stop loss of Rs 235, target of Rs 242 and a buy also on KEC International with a stop loss of Rs 338, target of Rs 360.
Mitessh Thakkar of miteshthacker.com suggests selling L&T and CESC.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Hindustan Zinc and Tata Steel and can buy Jubilant Life Sciences.
State Bank of India, Punjab National Bank, HDFC Bank, HDFC, Maruti Suzuki, Ashok Leyland, DHFL, TVS Motor, L&T and IndusInd Bank are stocks, which could benefit the most from a rate cut by the RBI.
At the current juncture, 10,000 put and 10,500 call options are attracting trader’s attention and will remain in a range for the index for the few sessions.
L&T, Godrej Consumer and Pharma, among others, are on investors’ radar on Wednesday.
Mehraboon Irani of Nirmal Bang Securities is of the view that one can buy Larsen and Toubro and prefers GMR Infra.
Eris Life, Whirlpool and Gujarat Gas, among others, are being tracked by investors on Tuesday.
According to Sudarshan Sukhani of s2analytics.com, one may buy State Bank of India, ICICI Bank and Larsen and Toubro.
In an interview with CNBC-TV18, Sanjeev Zarbade of Kotak Securities shared his views and readings on Larsen and Toubro.
Mitessh Thakkar of miteshthacker.com has a buy on Andhra Bank with a stop loss of Rs 61 for target of Rs 67.50 and a sell on Cadila Healthcare with a stop loss of Rs 472.50 for target of Rs 445.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries, UltraTech Cement, Bata India, Dewan Housing Finance, Just Dial and Prestige Estates.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Ujjivan Financial Services and Larsen and Toubro and can sell Eicher Motors and Chennai Petroleum Corporation.
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.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Biocon and SRF while one can hold Godrej Consumer and advises selling Larsen & Toubro and Pidilite Industries.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India with a target of Rs 340, Bank of India with a target of Rs 200 and National Aluminium Company with a target of Rs 93.