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
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Ashwani Gujral of ashwanigujral.com suggests buying PVR, Deepak Fertiliser and Grasim Industries.
Ashwani Gujral of ashwanigujral.com suggests buying Motherson Sumi, PVR and BEML.
Ashwani Gujral of ashwanigujral.com recommends buying Chambal Fertiliser, Ramco System and Mahindra & Mahindra.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy BEML, Dr Reddy's Laboratories, Kajaria Ceramics and Power Grid Corporation of India and can sell PVR.
Pankaj Pandey of ICICIdirect likes KEC International with target of Rs 295 and INOX Leisure with target of Rs 325.
However, if Nifty breaks past from its higher resistance level placed at 9,700, any breakout will give an upward momentum which could take the index towards 9,850-9,900 in the medium period.
Rajat Bose of rajatkbose.com recommends buying Aban Offshore, India Cements, PVR and M&M Financial Services.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell PVR and buy Muthoot Finance.
Ashwani Gujral of ashwanigujral.com recommends selling Granules India, Capital First and PVR.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Capital and ICICI Bank and advises selling Indo Count Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell PVR and DCB Bank and buy Reliance Infra.
Ashwani Gujral of ashwanigujral.com advises buying PVR on declines.
Ashwani Gujral of ashwanigujral.comis of the view that one may buy Tata Steel and sell GAIL India and ONGC.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries, Uflex and PVR.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Max Financial and Sobha and sell PVR.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9580-9540 and resistance at 9660-9713 while Bank Nifty has support at 23250 and resistance at 23600.
Ashwani Gujral of ashwanigujral.com recommends buying United Spirits, BEML and Ashok Leyland.
Mitessh Thakkar of mitesshthakkar.com suggests selling Bajaj Auto, Dabur India, Granules India and PVR while he advises buying Voltas.
Mitessh Thakkar of miteshthacker.com suggests buying Tata Motors DVR and sell PVR.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bharat Financial and Jain Irrigation and buy L&T Finance Holdings, Can Fin Homes and PVR.
Ashwani Gujral of ashwanigujral.com suggests buying PVR, Vedanta and Tata Motors.
Ashwani Gujral of ashwanigujral.com recommends buying Eicher Motors, Hindustan Unilever and DLF.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Consultancy Services and sell Just Dial and Interglobe Aviation.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Can Fin Homes and PVR and buy TVS Motor.