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
According to Prakash Gaba of prakashgaba.com, support for Nifty is placed at 9920 and resistance at 10036-69 while Bank Nifty has support at 24500 and resistance at 24775.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the market and specific stocks.
Technically, the trend is still intact as long as 9792 holds. The crucial support for the Nifty is at 9792-9720 and the resistance is at 9916-9969, says Prakash Gaba of prakashgaba.com.
The Nifty too is chasing 10,000 level which is likely to act as stiff resistance for the index and market should cool off post the event, suggest experts. However, a major decline is not something which analysts’ see unless it gets triggered by a global event.
Ashwani Gujral of ashwanigujral.com recommends buying Chambal Fertiliser, Ramco System and Mahindra & Mahindra.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Sudarshan Sukhani of s2analytics.com suggests buying Mahindra and Mahindra, Infosys and HDFC and advises selling Cummins India and CESC.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Mahindra and Mahindra and Hindustan Unilever and can sell Chennai Petro.
Gaurang Shah of Geojit Financial Services is of the view that Lupin is a good long term bet.
Upbeat on Hero MotoCorp in two-wheeler space because of its significant presence in rural market, said Ashwin Patil of LKP Securities.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying Asian Paints, Mahindra and Mahindra, Sun Pharmaceutical Industries, Kotak Mahindra Bank, Dabur India and HUDCO.
Tata Motors and BHEL, among others, are being tracked by analysts today.
In an interview to CNBC-TV18's Reema Tendulkar and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on the fundamentals of the market and specific stocks.
According to Ashwani Gujral of ashwanigujral.com, one can buy Balrampur Chini, Kaveri Seed Company and Canara Bank and can sell M&M.
TCS, Mahindra & Mahindra and BHEL, among others are being tracked by investors today.
Marico, Bata India, Idea Cellular and ITC, among others, are being tracked by analysts today.
Some quality names in IT and pharma are available at appealing valuations which are attracting smart money into these stocks.
Ashwani Gujral of ashwanigujral.com suggests buying Mahanagar Gas, Natco Pharma and Raymond and prefers Escorts over M&M.
A vibrant economy and stable currency will make it hard for foreign investors to ignore the theme.
Mitessh Thakkar of miteshthacker.com recommends buying Mahindra and Mahindra, DLF and GIC Housing Finance.
Ashwani Gujral of ashwanigujral.com suggests buying Titan Company, PC Jeweller, ITC and Reliance Industries on dips.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Can Fin Homes, Coromandel International and Aurobindo Pharma.
Yogesh Mehta of Motilal Oswal advises buying Mahindra and Mahindra, Hindustan Unilever and Dewan Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Mahindra and Mahindra and Colgate Palmolive and sell Cummins India.