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
Nifty is maintaining the bearish pattern of lower tops on the daily charts, and now the recent top of 10,479 would act as a strong resistance for the medium term.
Prakash Gaba of prakashgaba.com is of the view that one may hold L&T Finance Holdings with long term view.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Tata Steel, Adani Enterprises, JSW Steel and Vedanta and can buy L&T Finance and Piramal Enterprises.
Mitessh Thakkar of miteshthacker.com recommends buying Bharat Electronics, Tata Motors, Lupin and L&T Finance Holdings.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities is of the view that one can buy Jubilant Foodworks 1950 Put and DLF 230 Put.
Vijay Chopra of enochventures.com is of the view that one may sell Bharat Forge with a target of Rs 750.
Ruchit Jain of Angel Broking is of the view that one may buy Nava Bharat Ventures with a target of Rs 158.
Prakash Gaba of prakashgaba.com is of the view that L&T Finance Holdings can climb to Rs 165 while M&M Financial Services may test Rs 480.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Put Options in ACC, L&T Finance Holdings and ICICI Bank.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Jet Airways with a target of Rs 795.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy KPIT Technologies and Colgate Palmolive and can sell BEML and India Cements.
Emkay sees further scope for valuation re-rating with improving return ratios.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, ICICI Prudential and Godrej Properties.
Ashwani Gujral of ashwanigujral.com recommends buying Yes Bank, Indiabulls Housing, ICICI Prudential and Biocon.
Ashwani Gujral of ashwanigujral.com recommends buying TV Today, UltraTech Cement and Tata Steel.
Ashwani Gujral of ashwanigujral.com advises buying L&T Finance Holdings, Manappuram Finance and Bajaj Electricals.
Ashwani Gujral of ashwanigujral.com is of the view that one may hold L&T Finance Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy JP Associates and Bata India and can sell Canara Bank, L&T Finance, Repco Home and Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying L&T Finance Holdings, CG Power and South Indian Bank.
Vishal Malkan of malkansview.com is of the view that one may buy Hexaware Technologies with a target of Rs 375.
Krish Subramanyam, Co-Head Equity Advisory at Altamount Capital is of the view that one can buy L&T Finance Holdings 175 Call and sell 190 Call.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hindustan Unilever, Mindtree and Sun Pharma and sell Jaiprakash Associates.
Rajat Bose of rajatkbose.com is of the view that one may buy Bharat Forge and CG Power.
Rajat Bose of rajatkbose.com is of the view that one may buy Bharat Forge with a target at Rs 738-743.
Shahina Mukadam, Independent Market Expert is of the view that one may sell L&T Finance Holdings with a target of Rs 165.