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 Hexaware Tech, NTPC and Bata India and can sell LIC Housing Finance and Canara Bank.
Ashwani Gujral of ashwanigujral.com suggests buying MMTC, LIC Housing Finance and Bajaj Electricals.
Prakash Gaba of prakashgaba.com is of the view that NIIT Tech can climb to Rs 660 while LIC Housing Finance may test Rs 580.
Shahina Mukadam, Independent Market Expert is of the view that one may hold LIC Housing Finance.
Mitessh Thakkar of mitesshthakkar.com recommends buying Steel Authority of India with a stop loss of Rs 81.50 and target of Rs 87, ICICI Prudential Life Insurance above Rs 398, with stop loss of Rs 391 and target of Rs 414 and a buy also on Idea Cellular with a stop loss of Rs 96 for target of Rs 103.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy ACC and UltraTech Cement on dip.
Gaurang Shah of Geojit Financial Services is of the view that one may hold LIC Housing Finance.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Godfrey Phillips with a stop loss of Rs 990 for target of Rs 930 and buy Godrej Consumer with a stop loss of Rs 980 for target of Rs 1050.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell BEML and LIC Housing and buy NCC.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Hexaware Technologies and Apollo Hospitals and can sell LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Raymond, GAIL India and Granules India and can hold LIC Housing Finance and Siemens.
This no-trade zone invariably makes life miserable for index traders. One should stick to outperformers in this scenario.
The global investment bank remains Overweight (OW) on auto parts and two-wheelers (2Ws) such as Eicher Motors.
Hemant Thukral of Aditya Birla Money suggests buying LIC Housing Finance and JSW Steel.
Mitessh Thakkar 0f mitesshthakkar.com has a buy on Ajanta Pharma with a stop loss of Rs 1237, target of Rs 1360 and a buy on DLF with a stop loss of Rs 215, target of Rs 245.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy United Breweries and Mindtree and sell LIC Housing Finance.
Mitessh Thakkar of miteshthacker.com suggests buying Axis Bank with a stop loss of Rs 533 for target of Rs 565 and a buy on National Aluminium Company with a stop loss below Rs 85 for target of Rs 92 while he advises selling Cummins India below Rs 875 with stop loss of Rs 891 for target of Rs 845.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell SREI Infrastructure and LIC Housing Finance and can buy Polaris Consulting, Mphasis, HCC and Tata Elxsi.
The housing finance firm may also face margin pressures going forward, Credit Suisse feels.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Capital First and LIC Housing Finance and can buy Balkrishna Industries, Hindalco Industries and UltraTech Cement.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland, Divis Laboratories, Reliance Industries and Torrent Power and can sell LIC Housing Finance.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Bharat Electronics, Grasim Industries and Mangalore Refinery and Petrochemicals and can sell LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy DLF, Carborundum Universal, NALCO and Bharti Infratel and can sell UPL and LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Special Economic Zone, Hindustan Zinc and India Cements and can sell LIC Housing Finance and Godrej Consumer Products.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell LIC Housing Finance and can buy NBCC and Bharti Infratel.