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
Prakash Gaba of prakashgaba.com advises exiting Power Finance Corporation.
Mitessh Thakkar of miteshthacker.com recommends selling Cipla with a stop loss of Rs 590 and target of Rs 564 and advises buying NIIT Tech with a stop loss of Rs 854 and target of Rs 900.
Jay Thakkar of Anand Rathi Securities is of the view that one may buy NIIT Technologies with a target of Rs 862.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell IRB Infra and can buy Mahindra & Mahindra.
CA Rudramurthy BV, Research Head at Vachana Investments recommends buying Tata Motors DVR, Exide Industries and Power Finance Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Delta Corp with a stop loss of Rs 312, target of Rs 328 and GSFC with a stop loss of Rs 154, target of Rs 168.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HDFC Bank, PC Jeweller, Tata Global Beverage and PVR and can sell Kaveri Seed Company.
Mitessh Thakkar of miteshthacker.com advises selling IDFC with a target of Rs 55.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Can Fin Homes.
Rajat Bose of rajatkbose.com advises buying Lupin and Kaveri Seed Company.
Sameet Chavan of Angel Broking recommends buying KEC International with a stoploss at Rs 328 and target of Rs 369 and Kohinoor Foods with a stoploss at Rs 75.40 and target of Rs 85.50.
Ashwani Gujral of ashwanigujral.com recommends a buy on Radico Khaitan with a stop loss of Rs 280, for target of Rs 305 and a buy on Balkrishna Industries with a stop loss of Rs 2100, target of Rs 2250.
Ruchit Jain of Angel Broking is of the view that one may buy United Spirits with a target of Rs 3510.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Cummins India and buy Power Finance Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries, UltraTech Cement, Bata India, Dewan Housing Finance, Just Dial and Prestige Estates.
Cipla, Lupin and Tata Motors, among others, being tracked by investors on Wednesday.
Adani Ports, Aurobindo Pharma, KPIT Technologies, Power Finance Corporation and Jain Irrigation could give up to 13% return in short term.
Ashwani Gujral of ashwanigujral.com suggests buying KNR Construction with a stop loss of Rs 270, target of Rs 287, a buy in Aurobindo Pharma with a stop loss of Rs 784, target of Rs 810 and a buy in JM Financial with a stop loss of Rs 168, target of Rs 182.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Mahindra & Mahindra Financial Services, PFC, Yes Bank and TVS Motor and can sell IDFC Bank and Jaiprakash Associates.
Engineers India, PFC, Adani Ports, Sun TV and JSW Energy are top five stocks which could give up to 19% return in short term.
Ashwani Gujral of ashwanigujral.com suggests buying JM Financial, Power Finance Corporation and BPCL.
Mitessh Thakkar of miteshthacker.com suggests buying Castrol India, GSFC, Power Finance Corporation and United Breweries.
Sandeep Wagle of powermywealth.com advises buying National Aluminium Company and Power Finance Corporation.
Bank Nifty was the top performing sector which was up 1.32 percent led b y ICICI Bank and Bank of India while on the other hand, from the midcap space, Havells India added 2.28 percent while Power Finance Corporation was up over 3 percent.
Sameet Chavan of Angel Broking is of the view that oen may buy Just Dial with a target of Rs 420.