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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Larsen & Toubro, Dalmia Bharat and Motherson Sumi and can sell Fortis Healthcare and Raymond.
There has been aggressive put writing in near strikes with 9900 strike holds the maximum put open interest indicating strong support zone.
Sandeep Wagle of powermywealth.com is of the view that one can buy Pidilite Industries and Apollo Tyres.
Ashwani Gujral of ashwanigujral.com suggests buying Pidilite Industries, Jubilant Foodworks and Canara Bank.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Cummins India and sell Pidilite Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy CESC and DCB Bank and can sell Bhushan Steel, Indian Oil Corporation and Pidilite Industries.
Vishvesh Chauhan of Monarch Networth Capital suggests buying BHEL with a target of Rs 145.
Mitessh Thakkar of miteshthacker.com suggests buying Bata India and JSW Steel and feels that one can sell Asian Paints and Pidilite Industries.
According to Mitessh Thakkar of miteshthacker.com, one can sell Pidilite Industries and can buy Container Corporation of India.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Dr Reddy’s Labs and sell Pidilite Industries.
Ashish Kyal of Waves Strategy Advisors suggests buying BPCL with a target of Rs 690 and Mindtree with a target of Rs 570.
Gaurang Shah of Geojit Financial Services is of the view that one may hold Pidilite Industries.
Prakash Gaba of prakashgaba.com is of the view that one may hold Pidilite Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Aurobindo Pharma and Apollo Tyres and can sell Pidilite Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Welspun Corp, Interglobe Aviation and Pidilite Industries and advises selling Central Bank of India and Fortis Healthcare.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Canara Bank and buy Pidilite Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Indian Oil Corporation and Cummins India and buy UPL, Siemens and Sun TV.
Cummins, TCS and DB Corp, among others are on analysts' radar on Thursday.
According to Rajat Bose of rajatkbose.com, one may hold Asian Paints for long term.
Ashwani Gujral of ashwanigujral.com suggests buying Max Financial Services, Raymond and Pidilite Industries.
Sudarshan Sukhani of s2analytics.com advises buying Ceat and Pidilite Industries.
VK Sharma of HDFC Securities suggests buying Can Fin Homes, L&T Finance Holdings, Kotak Mahindra Bank, Pidilite Industries, Century Textiles and Industries and Interglobe Aviation.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money is of the view that one can buy Pidilite Industries and Mahanagar Gas.
Sandeep Wagle of powermywealth.com suggests buying Escorts and Pidilite Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Electricals, Pidilite Industries and Bharti Airtel.