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 recommends buying Reliance Industrie and Hexaware Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries on every dip.
Ashwani Gujral of ashwanigujral.com recommends selling Idea Cellular, Sun Pharma and Interglobe Aviation and advises buy Titan Company and UltraTech Cement.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Torrent Power, V-Guard Industries and Tata Global Beverage and sell Repco Home Finance and Mindtree.
Kotak Mahindra Bank, Sun Pharmaceuticals, and United Breweries, among others are on the radar of investors on Wednesday.
Tech Mahindra, Sun TV and Bharat Fin, among others, are on the radar of investors on Tuesday.
Sudarshan Sukhani of s2analytics.com recommends buying Reliance Industries, ACC, Aurobindo Pharma and Equitas Holdings and advises selling Syndicate Bank.
Analysts feel, historically, September has been a trending month for the market that is closer to its record high; hence, it will be an interesting month to watch for. They don't rule out new highs in the current month.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Asian Paints, Gruh Finance, HUDCO and Nalco and sell Bharat Forge.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Hindustan Unilever, Reliance Capital, SREI Infrastructure, Thomas Cook and SRF.
The key support level for Nifty is placed at 9840 while the Index is likely to face resistance at 9965-10005. On the other hand Bank Nifty has support at 24200 and resistance at 24511-24670, says Prakash Gaba of prakashgaba.com.
Yogesh Mahta of Motilal Oswal suggests buying RBL Bank and feels that Reliance Industries may test Rs 1620.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bank of Baroda and Tata Motors and buy Vedanta, M&M Financial Services and Indraprastha Gas.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Hindalco Industries and Reliance Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Jubilant Foodworks and can hold Biocon while one can sell Exide Industries.
Axis Bank and L&T, among others are being tracked by investors on Wednesday.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell PVR and Bank of Baroda and buy Bharti Airtel and Ashok Leyland while one may hold ICICI Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Industries, IFCI and PC Jeweller.
Sudarshan Sukhani of s2analytics.com recommends buying Zee Entertainment, Tata Consultancy Services and NTPC and advises selling Jain Irrigation Systems and Castrol India.
Yogesh Mehta of Motilal Oswal is of the view that one can buy GAIL India and Reliance Industries and sell BHEL.
Ashwani Gujral of ashwanigujral.com suggests selling Reliance Industries, Hindustan Construction and Amara Raja Batteries.
Rajat Bose of rajatkbose.com is of the view that one may buy Reliance Industries and Aurobindo Pharma and can sell ICICI Bank futures.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hindustan Unilever, Reliance Industries, DCB Bank and Hero MotoCorp and sell SRF and Just Dial.
Mehraboon Irani, Independent Market Expert is of the view that Reliance Industries and the HDFC twins can lead the market higher and likes Man Infra and Pressman Advertising.