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
Sandeep Wagle of powermywealth.com is of the view that one can buy Granules India and Max Financial Services.
The RSI at 62 indicates a favorable buying regime coupled with continued uptrend momentum depicted by MACD at 52 above its Signal Line. Based on Fibonacci retracement a major support will be seen at 9807 and resistance level will be at 10137.
Ashwani Gujral of ashwanigujral.com
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell MRF, Interglobe Aviation, Amara Raja Batteries and Vedanta and buy Sun Pharmaceutical Industries.
Mindtree, Apollo Hospitals and NTPC, among others, are being tracked by investors on Tuesday.
Ashwani Gujral of ashwanigujral.com is of the view that problem in Infosys could linger on and advises buying RBL Bank, Hindustan Petroleum Corporation and Chennai Petroleum Corporation.
Sameet Chavan of Angel Broking advises selling NCC with a target of Rs 77.
Kunal Saraogi of Equityrush suggests buying Shriram Transport with a target of Rs 1030.
Mitessh Thakkar of miteshthacker.com suggests buying Indiabulls Housing and Max Financial Services.
Max Financial Services is in focus on news that HDFC Life will continue looking at Max Financial Services merger proposal along with its initial public offering (IPO) plans. In an interview to CNBC-TV18, Nidhesh Jain, Analyst at Investec Capital Services shared his views on the merger and other NBFC stocks.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Bajaj Finserv, Cholamandalam Investment, Hindalco Industries and Kaveri Seed Company and can sell Max Financial.
Gaurav Bissa of LKP Securities is of the view that one can buy Max Financial and Britannia Industries and can sell Indiabulls Housing Finance.
Graphite India,UPL,Bharat Forge, Max Financial Services,United Spirits and Glenmark Pharmaceuticals are on the radar of Anand Rathi Share and Stock Brokers
According to Hemant Thukral of Aditya Birla Money, Max Financial Services may touch Rs 630.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank and Max Financial on dips and feels that Grasim Industries may test Rs 1220.
Ashwani Gujral of ashwanigujral.com recommends buying Max Financial Services, BGR Energy Systems and KEC International and advises holding Avenue Supermarts.
Ashwani Gujral of ashwanigujral.com suggests buying Max Financial Services, Raymond and Pidilite Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Max Financial and Sobha and sell PVR.
Ashwani Gujral of ashwanigujral.com recommends buying UPL, Max Financial Services and Glenmark Pharma.
Prestige Estates, Thermax, and United Spirits, among others are on the radar of investors on Thursday
Ashwani Gujral of ashwanigujral.com suggests buying Godrej Industries, Berger Paints and Max Financial.
Ashwani Gujral of ashwanigujral.com suggests selling Max Financial Services and Oriental Bank of Commerce and suggests buying Arvind.
Mitessh Thakkar of miteshthacker.com advises buying Bosch and Max Financial Services.
Ashwani Gujral of ashwanigujral.com suggests buying L&T Finance, Max Financial and JK Tyre.