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 LIC Housing Finance, Maruti Suzuki and Kotak Mahindra Bank.
Global investment bank, CLSA in a report earlier this week raised 12-month target price to Rs8,100 on expectations of higher demand environment, and volume growth. It raised its 12-month target price to Rs8100 from Rs7600 earlier.
The immediate support base for the index is placed at 9,300 regions being the 50% retracement of current up move (9,075 to 9,532) and the higher low formed in early May 2017
Mitessh Thakkar of miteshthacker.com is of the view that one can sell BPCL while CONCOR is a buy above Rs 1240.
However, average rollover of Nifty to June series is near 9,450 futures which is slightly negative for upcoming sessions as initial data indicates short rollover and also Nifty is trading below 9,450 futures.
In an interview to CNBC-TV18's Sonia Shenoy, Surabhi Upadhyay and Reema Tendulkar, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy
Ashwani Gujral of ashwanigujral.com recommends buying Eicher Motors, Hindustan Unilever and DLF.
Sudarshan Sukhani of s2analytics.com is of the view that Hindustan Unilever and Marico are better investment bets than ITC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Maruti Suzuki and sell HDIL and Aurobindo Pharma.
Bank of India, GAIL and Maruti Suzuki are on the radar of global and domestic brokerages.
Rajat Bose of rajatkbose.com recommends buying Maruti Suzuki, Tata Elxsi and Adani Enterprises.
Sandeep Wagle of powermywealth.com is of the view that one can buy Maruti Suzuki and Dr Reddy's Laboratories.
Ashwani Gujral of ashwanigujral.com recommends buying Maruti Suzuki, Tata Steel and Vijaya Bank.
Krish Subramanyam, Co-Head Equity Advisory at Altamount Capital is of the view that one can buy Maruti Suzuki 6700 Call and sell 6900 Call.
Ashwani Gujral of ashwanigujral.com suggests buying Sun TV Network, Maruti Suzuki, Bajaj Auto and Bharat Forge.
Vijay Chopra of enochventures.com advises buying IFCI with a target of Rs 34.50.
Mitessh Thakkar of miteshthacker.com recommends buying Tata Global Beverage and Amara Raja Batteries.
According to Ashwani Gujral of ashwanigujral.com, one can keep holding Maruti Suzuki as the stock may head to Rs 7500 while he prefers Union Bank of India and Bank of India.
In an interview to CNBC-TV18's Sonia Shenoy and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.
An FMCG major and cement manufacturer are being tracked by analysts on Tuesday after they posted their March quarter earnings over the past few days.
Analysts are tracking stocks based on earnings from major firms on Thursday.
Sandeep Wagle of powermywealth.com suggests buying Bharti Airtel and Maruti Suzuki.
Hemant Thukral of Aditya Birla Money has Castrol India and Maruti Suzuki as the picks for the next 2-3 trading sessions based on open interest and rollovers.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.