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 PVR and can sell Tech Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Maruti Suzuki, PVR, Havells India and Indraprastha Gas.
Ashwani Gujral of ashwanigujral.com suggests buying Adani Enterprises, Rain Industries and State Bank of India.
Sustaining above 10,550 levels on tradable basis Nifty can rally initially towards 10,720 and then 10,840 levels. On the downside, the index has support at 10,400 which was last week low and a break below the said level may trigger a decline towards 10,320 and then 10,230 levels, says Ashish Chaturmohta, Head of Technicals and Derivatives, Sanctum Wealth Management.
Ruchit Jain of Angel Broking advises buying PG Electroplast with a target of Rs 490.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy PVR and Sun TV Network and can sell BEML and Union Bank of India.
Mitessh Thakkar of mitesshthakkar.com recommends buying Dish TV with a stop loss of Rs 79 and target of Rs 85, a buy on GMR Infra with a stop loss of Rs 19.20 and target of Rs 21 and a buy on JSW Energy with a stop loss of Rs 84 and target of Rs 91.
Mitessh Thakkar of miteshthacker.com suggests buying Wipro, Colgate Palmolive, NCC and PVR.
Prakash Gaba of prakashgaba.com recommends buying Cummins India, Lupin, PVR and Camlin Fine Sciences.
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.
The prospects for the BJP-led National Democratic Alliance (NDA) coalition look solid for the 2019 national elections; however, a hint of rising populism has the potential to hamper the growth recovery.
Ashwani Gujral of ashwanigujral.com has a buy on Titan Company with a stop loss of Rs 820, target of Rs 855 and DLF with a stop loss of Rs 224, target of Rs 238.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the trend is still up and the next logical target is 10585 as long as 10260 holds. The crucial support for the Nifty is at 10300-10260 and the resistance is at 10410-10585. Bank Nifty on the other hand has support at 25600 and resistance at 26000.
Pankaj Pandey, Head of Research at ICICIdirect feels that Inox Leisure may move to Rs 355.
Prakash Gaba of prakashgaba.com advises buying Berger Paints, SRF and GSFC.
While having a buy call on PVR with a target at Rs 1,625 per share, CLSA said company's management expects advertising revenues to grow by 15-18 percent over the next two years.
Prakash Gaba of prakashgaba.com is of the view that M&M Financial Services can climb to Rs 450 while Vedenta can slide to Rs 308.
Mitessh Thakkar of mitesshthakkar.com recommends buying PVR and CESC and advises selling PTC India.
Prakash Gaba of prakashgaba.com is of the view that one can buy JK Paper and PVR and can short Reliance Communications.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jet Airways and Axis Bank and can sell Manappuram Finance.
Ashwani Gujral of ashwanigujral.com recommends buying PVR, Indiabull Real Estate, Ashok Leyland, RCF and Shipping Corporation.
Technical Analyst Ashwani Gujral has buys on IGL, Tata Steel and PVR while Mitessh Thakkar has buys on Grasim and GMR Infra and has sell calls on Dish TV and IOC.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Radico Khaitan, Kotak Mahindra Bank, PVR and Torrent Power and can sell Max Financial.
Ashwani Gujral of ashwanigujral.com recommends buying Sobha, Tata Steel and Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Prestige Estates, MOIL, TVS Motor, Kotak Mahindra Bank and Bata India.