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
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Prakash Gaba of prakashgaba.com is of the view that some sideways action is not ruled out. The crucial support for the Nifty is at 9920 and the resistance is at 10036-10069. On the other hand, Bank Nifty has support at 24775 and resistance at 25550.
Ashwani Gujral of ashwanigujral.com advises buying Reliance Industries, HDIL and GSFC.
Kunal Saraogi of Equityrush suggests buying Shriram Transport with a target of Rs 1030.
Ashwani Gujral of ashwanigujral.com recommends buying M&M Financial Services, Balrampur Chini, NBCC and Axis Bank.
Mitessh Thakkar of mitesshthakkar.com suggests buying Godrej Consumer, Manappuram Finance and Ashok Leyland and advises selling Reliance Infra and Can Fin Homes.
Idea Cellular, HDFC Bank, and Info Edge, among others are on the radar of analysts on Tuesday.
Ashwani Gujral of ashwanigujral.com recommends buying Manappuram Finance, Chambal Fertiliser, Ashok Leyland, M&M Financial Services and Adani Ports.
Ashwani Gujral of ashwanigujral.com suggests buying Mahindra & Mahindra Financial Services and Bharti Airtel.
The expectations from June quarter earnings are fairly muted. However, few surprises cannot be ruled out.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Wipro, Mahindra & Mahindra Financial Services and Tata Power and can sell Apollo Hospitals Enterprises and Bharat Heavy Electricals.
The NBFC sectors outperformed the benchmark indices in the last one year with some stocks rallying as much as 90 percent.
According to Prakash Gaba of prakashgaba.com, Nifty's trend is still up with some more sideways movement not ruled out. The crucial support for the Nifty is at 9560-9540 and the resistance is at 9676.
Rajat Bose of rajatkbose.com recommends buying Aban Offshore, India Cements, PVR and M&M Financial Services.
Sudarshan Sukhani of s2analytics.com is of the view that one may short V-Guard Industries and buy Interglobe Aviation and M&M Financial Services.
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.
Rakesh Bansal of RK Global is of the view that one may buy NHPC with a target of Rs 35.
Mitessh Thakkar of mitesshthakkar.com buying Titan Company and Mahindra & Mahindra Financial Services.
Sudarshan Sukhani of s2analytics.com advises selling Amara Raja Batteries and Ajanta Pharma.
Marico, Bata India, Idea Cellular and ITC, among others, are being tracked by analysts today.
Rakesh Bansal of RK Global is of the view that one may buy NHPC with a target of Rs 35.
Sameet Chavan of Angel Broking advises buying Century Textiles and Industries with a target of Rs 1155.
Mitessh Thakkar of mitesshthakkar.com advises selling V-Guard Industries and Yes Bank.
A vibrant economy and stable currency will make it hard for foreign investors to ignore the theme.