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 GMR Infra with a stop loss of Rs 20, target of Rs 27 and sell Capital First with a stop loss of Rs 860, target of Rs 800.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Capital, DLF and NALCO.
Vijay Chopra of enochventures.com is of the view that one may hold NALCO.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DCB Bank and National Aluminium Company and can buy Bata India.
Ruchit Jain of Angel Broking is of the view that one may buy United Spirits with a target of Rs 3510.
According to Prakash Gaba of prakashgaba.com, Nifty is up and an upside to 10340 is a possibility as long as 10175 holds. The crucial support for Nifty is at 10175-10089 and the resistance is at 10340. Bank Nifty on the other hand has support at 25600 and resistance at 26000.
Mitessh Thakkar of miteshthacker.com suggests selling ACC with a stop loss of Rs 1734 for target of Rs 1650 and advises buying Biocon with a stop loss of Rs 412 for target of Rs 445.
Ashwani Gujral of ashwanigujral.com recommends buying NALCO, Kotak Mahindra Bank, Indiabulls Real Estate, Jet Airways, ONGC and Ajanta Pharma.
Mitessh Thakkar of miteshthacker.com suggests buying Axis Bank with a stop loss of Rs 533 for target of Rs 565 and a buy on National Aluminium Company with a stop loss below Rs 85 for target of Rs 92 while he advises selling Cummins India below Rs 875 with stop loss of Rs 891 for target of Rs 845.
Ashwani Gujral of ashwanigujral.com recommends buying Indusind Bank, Nalco and Kolte-Patil Developers.
Sandeep Wagle of powermywealth.com recommends buying Manappuram Finance and National Aluminium Company.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy DLF, Carborundum Universal, NALCO and Bharti Infratel and can sell UPL and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India with a target of Rs 340, Bank of India with a target of Rs 200 and National Aluminium Company with a target of Rs 93.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Federal Bank, National Aluminium Company and Torrent Power and can sell Maruti Suzuki and Bank of Baroda.
Sandeep Wagle of powermywealth.com advises buying National Aluminium Company and Power Finance Corporation.
Mitessh Thakkar of miteshthacker.com recommends buying Aurobindo Pharma and BPCL.
Chandan Taparia of Motilal Oswal Securities recommends buying HDFC Bank and National Aluminium Company and has a positive view on Hindustan Unilever.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Dabur India, Jindal Steel & Power, National Aluminium Company and Tata Consultancy Services and can sell Bank of Baroda.
Ashwani Gujral of ashwanigujral.com recommends buying Bombay Burmah, Bajaj Finance and National Aluminium Company.
Rishi Kohli, MD & CEO at ProAlpha Capital recommends buying GAIL India, National Aluminium Company and Lupin.
Nifty added on to its morning gains on Thursday with the index inching up 47.45 points at 10,032.80 while the Sensex added 132.86 points at 31,966. Vedanta, Lupin, Sun Pharma along with TCS were some of the top gainers in the Nifty.
Stocks which gave multibaggers returns in the December quarter of 2016 include names like SE Power, Kushal Tradelink, India Metals, Vama Industries, HM Sugar Mills, Indokem, Atlas Jewellery, Niraj Cement etc. among others.
Vijay Chopra of enochventures.com is of the view that one may exit Nalco at around Rs 90-95.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Special Economic Zone, National Aluminium Company, Dr Reddy's Laboratories and Gujarat State Petronet Limited and can sell Jet Airways and Mahindra & Mahindra.
Ashwani Gujral of ashwanigujral.com advises buying NIIT Technologies, Ujjivan Financial Services and NALCO.