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 mitesshthakkar.com discusses with Prashant Nair and Ekta Batra his analysis on the technical side of the market as well as specific stocks and sectors.
Prakash Gaba of prakashgaba.com recommends buying JSW Steel and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jindal Steel & Power and can buy HDFC Bank and Motherson Sumi Systems.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Wipro, Divis Labs, HDFC Bank, Bajaj Finserv and LIC Housing and can sell Cummins India and Engineers India.
Sameet Chavan of Angel Broking is of the view that one may sell Tata Global Beverage with a target of Rs 240.
Vijay Chopra of enochventures.com is of the view that one may buy Sintex Industries with a target of Rs 23.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, ICICI Bank and Axis Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland and Godrej Industries and can hold Tata Elxsi and can sell LIC Housing Finance and PSU banks.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Bharti Airtel, Godfrey Phillips and HPCL and can buy Indraprastha Gas and Sun TV Network.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Biocon, LIC Housing and Voltas and can sell TVS Motor, Century Textiles and Interglobe Aviation.
Ashwani Gujral of ashwanigujral.com recommends buying Blue Star, Sun Pharma and LIC Housing Finance.
Mitessh Thakkar of miteshthacker.com recommends selling Bosch with a stop loss of Rs 18,900 and target of Rs 18,200, Shree Cements with a stop loss of Rs 16,850 and target of Rs 16,000 and Zee Entertainment with a stop loss of Rs 576 for target of Rs 545.
Ashwani Gujral of ashwanigujral.com recommends buying EIL, IndusInd Bank, Karnataka Bank, ICICI Bank, LIC Housing Finance and Century Textiles.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys, Bata India and TCS and can sell DHFL and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell SBI, ICICI Bank, LIC Housing Finance and Adani Enterprises and can buy Dabur India and PC Jeweller.
A short-term base is placed around 10250 in case that is broken, it will take the Nifty to the next support which is placed in the zone of 10050 - 10100. On the higher side, we may see bears getting activated for round two at higher retracement of 10,650 – 10,700.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy M&M, ITC, Dish TV and Ashok Leyland and can sell Godfrey Phillips, Chennai Petro, LIC Housing and DHFL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys and DLF and can hold Dabur while one can sell Engineers India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bajaj Auto and Biocon and can sell Canara Bank and Chennai Petro.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Repco Home Finance, Bajaj Finserv and LIC Housing Finance and can buy Indian Oil Corporation.
The brokerage house said that the third quarter results were operationally in line with the expectations.
Maruti, DRL and UPL, among others, are being tracked by investors on Monday.
Chandan Taparia of Motilal Oswal Securities recommends buying Reliance Industries, LIC Housing Finance and Larsen & Toubro.
Prakash Gaba of prakashgaba.com is of the view that one can buy Godrej Properties and LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Wockhardt, Tata Global, NIIT Tech, Yes Bank and DHFL and can sell Bharti Infratel.