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 advises buying Asian Paints with a target of Rs 1410.
Depending on the risk profile of investors, experts suggest that dividend-paying stocks could constitute 20-60 percent of one’s portfolio.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Dabur India with a stop loss of Rs 387.8 and target of Rs 405 and sell DLF with a stop loss of Rs 196.2 and target of Rs 182.
Midcap and smallcap indices rose over a percent each this past week, outperforming the headline index, and there are some stocks that investors can look at buying this week.
"Nifty Bank closed lower at 24129.50 down 381 points ahead of RBI policy due later today around 2.30 pm. It opened with positive note but failed to close above its short term moving average of 20 EMA i.e. 24465 marks which is suggesting downfall to continue in near term," says Rajesh Agarwal of AUM Capital.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jindal Steel & Power and BPCL and can buy Dewan Housing Finance Corporation.
Vishal Malkan of malkansview.com advises buying Canara Bank with a target of Rs 270.
Identifying multibaggers for your portfolio is not easy as they won’t give returns overnight. Hence, for the stocks to become wealth creators investors have to buy them early and give these stocks time to rise and give multi-fold returns.
According to Shahina Mukadam, Independent Market Expert, one may remain invested in Rural Electrification Corporation.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell REC, Bank of India, Asian Paints and HDFC Bank and can buy Tech Mahindra and Natco Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell REC and Adani Enterprises and can buy Amara Raja Batteries.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Yes Bank and Rural Electrification Corporation and can buy Sonata Software.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, Rural Electrification Corporation and Ceat.
As many as 20-30 bluechip names are trading almost 50 percent discount to their 5 year average of price to earnings multiple and can be considered attractive for investment purpose.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Glenmark Pharma and Jain Irrigation Systems and can sell Biocon.
Mitessh Thakkar of miteshthacker.com suggests buying IDBI Bank, JSW Steel, Hindustan Zinc and REC.
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.
According to Ashwani Gujral of ashwanigujral.com, one may Motherson Sumi and Shriram Transport.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell ACC, Axis Bank, Dabur India and Tata Motors and can buy Bosch.
Vishal Malkan of malkansview.com is of the view that one may buy Tech Mahindra with a target of Rs 525.
Aurobindo Pharma, L&T, Karnataka Bank, Indian Bank, REC Ltd, NTPC, DLF and Sun TV are looking attractive on technical setup.
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.
According to Technical Analyst Prakash Gaba of prakashgaba.com, the crucial support for the Nifty is at 10385-10240 and the resistance is at 10486-500. On the other hand, Bank Nifty has support at 25324 and resistance at 25650.
Sameet Chavan of Angel Broking is of the view that one may buy Adani Power with a target of Rs 36.80.