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 is of the view that one can sell Larsen & Toubro and buy Bata India and Vinati Organics.
Prakash Gaba of prakashgaba.com is of the view that one may short Canara Bank and Larsen & Toubro while one can avoid United Breweries.
Reliance, Godrej Consumer, among others, are on the radar of investors today.
Vijay Chopra of enochventures.com is of the view that Bharat Forge may test Rs 1300 and he is also gung-ho on the defence plays.
Rajat Bose of rajatkbose.com is of the view that on ecan exit IRB Infra below Rs 215.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Arvind and Torrent Pharmaceuticals and can buy Larsen & Toubro, Asian Paints and Hero MotoCorp.
Titan, Page Industries, among others are being tracked by analysts on Monday.
Nifty has support at 9580-9540 and resistance at 9660-9713 while Bank Nifty has support at 23100 and resistance at 23600, says Prakash Gaba of prakashgaba.com.
At current valuation of 20 times its FY19 earnings, the stock offers little margin of safety. Even on a sum of the part valuation basis, the value works out to Rs 1750-1850 a share. At current market price of Rs 1776, the stock offers very little reward.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks.
According to Rajat Bose of rajatkbose.com, one can buy BPCL and sell Larsen & Toubro.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Asian Paints and Hindalco Industries and sell Balrampur Chini.
Jubilant Foodworks, L&T and BHEL, among others are on the radar of investors on Tuesday
In an interview to CNBC-TV18, Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs at IIFL shared his readings and outlook on Larsen & Toubro's (L&T) Q4 numbers and specific stocks.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Larsen & Toubro and sell Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Communications, Escorts and Larsen & Toubro.
Ashwani Gujral of ashwanigujral.com recommends buying Wockhardt, Divis Laboratories and Aurobindo Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying Larsen & Toubro, Raymond and Ashok Leyland.
Ashwani Gujral of ashwanigujral.com suggests buying Sundram Fasteners, Yes Bank and NBCC.
Ashwani Gujral of ashwanigujral.com suggests buying IndusInd Bank, Larsen & Toubro and Jain Irrigation Systems.
The immediate support base for the index is placed at 9,300 regions being the 50% retracement of current up move (9,075 to 9,532) and the higher low formed in early May 2017
Hemant Thukral of Aditya Birla Money expects this run of Larsen & Toubro to continue for the next three days.
According to Ashwani Gujral of ashwanigujral.com, one can sell Lupin, Equitas Holdings and Tata Chemicals and buy Marico and Larsen & Toubro.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Coal India, Tata Communications and Shriram Transport Finance Corporation and buy Larsen & Toubro and Marico.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9350-9312 and resistance at 9500 while Bank Nifty has support at 22450-22400 and resistance at 22800.