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 recommends buying Mahindra and Mahindra, Oriental Bank of Commerce and Wockhardt.
Auto sales, the one positive trend this time has been two-wheeler sales which have been very strong. Both TVS Motor and Hero Motocorp reported good numbers. Bajaj Auto was the only disappointment, down about 10 percent. In an interview to CNBC-TV18, Ashwin Patil, Auto Analyst at LKP Securities shared his readings and outlook on the same.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying Karnataka Bank 180 Call, M&M 1440 Call and TVS Motor Company 540 Call while he likes DCB Bank.
Auto sector, coupled with HDFC and Coal India, among others, are being tracked by analysts on Friday.
Ashwani Gujral of ashwanigujral.com is of the view that RBL Bank may test Rs 600.
Ashwani Gujral of ashwanigujral.com recommends buying GSFC, Mindtree and Mahindra and Mahindra.
Sandeep Wagle of powermywelath.com suggests buying LIC Housing Finance and Mahindra and Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying South Indian Bank, Indiabulls Real Estate, LIC Housing Finance, Karnataka Bank and United Spirits.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Godrej Industries, Grasim Industries and Tata Chemicals and can sell Hexaware Technologies and BHEL.
Aurobindo Pharma, Jagran Prakashan, an M&M, among others are being tracked by investors today.
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 Prakash Gaba of prakashgaba.com, Nifty has support at 9540 and resistance at 9660-9713 while Bank Nifty has support at 23000 and resistance at 23500.
Prakash Gaba of prakashgaba.com
Ashwani Gujral of ashwanigujral.com suggests buying Balkrishna Industries, Mahindra & Mahindra and SREI Infra.
Sudarshan Sukhani of s2analytics.com suggests selling Kaveri Seed Company, Colgate Palmolive (India) and Cipla and advises buying Mahindra and Mahindra and DCB Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Bajaj Auto, Havells India, Mahindra and Mahindra, HDFC Bank, CG Power and Emami and advises selling Jubilant Foodworks.
Mitessh Thakkar of miteshthacker.com suggests buying Mahindra and Mahindra and Nestle India.
Prakash Gaba of prakashgaba.com is of the view that one can buy M&M while he feels that CONCOR looks good.
Vijay Chopra of enochventures.com recommends buying Punjab National Bank with a stoploss at Rs 165 and target of Rs 175 and SpiceJet with a stoploss at Rs 108 and target of Rs 116.
Ashwani Gujral of ashwanigujral.com is of the view that M&M may test Rs 1400, Britannia Industries Rs 3700 and Ceat Rs 1600.
Ashwani Gujral of ashwanigujral.com recommends buying BEML, Mahindra & Mahindra and City Union Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints, Pidilite Industries and Axis Bank and sell Jindal Steel & Power while he is upbeat on M&M and downbeat on Tata Motors.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever, Mahindra & Mahindra and Bajaj Finserv.
Mitessh Thakkar of miteshthacker.com suggests buying Indian Bank, M&M, IRB Infra and PC Jeweller.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HCL Technologies, Bata India, Exide Industries and Union Bank of India and sell Aurobindo Pharma.