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
IndusInd Bank and Reliance, among others, are being tracked by investors on Wednesday.
Lupin, Reliance Industries, and Biocon, among others are being tracked by analysts on Tuesday.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Gujarat Fluorochemicals and Prestige Estates and advises selling Bank of Baroda and ONGC.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Industries, Kotak Mahindra Bank and Divis Lab.
Mitessh Thakkar of mitesshthakkar.com recommends buying Motherson Sumi Systems, Bata India and Manappuram Finance and advises selling Bajaj Auto and Apollo Hospitals.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ceat, Central Bank of India and Motherson Sumi and can sell HPCL and SRF.
According to Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money, one can buy Balkrishna Industries and Equitas Holdings.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Capital, Vedanta, Gruh Finance, Ashok Leyland and JSPL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Asian Paints and DLF and can sell Arvind and GAIL India.
Punjab National Bank, SAIL, and Lupin among others are being tracked by analysts on Thursday.
Rajat Bose of rajatkbose.com recommends buying Reliance Industries, Tata Elxsi and Piramal Enterprises.
Ashwani Gujral of ashwanigujral.com is of the view that one can get into Ashok Leyland as the stock may head to Rs 135-140 and also advises buying RIL and RBL Bank.
Mitessh Thakkar of mitesshthakkar.com suggests buying Apollo Tyres, Ceat, Adani Ports, Bharti Infratel and Maruti Suzuki.
Gaurang Shah of Geojit Financial Services is of the view that one may remain invested in Reliance Industries.
Prakash Gaba of prakashgaba.com advises buying Reliance Industries on dips.
Mitessh Thakkar of miteshthacker.com suggests buying Reliance Industries and ITC.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Power Finance Corporation, Tata Motors and State Bank of India and can buy IIFL Holdings and SCI.
Ashwani Gujral of ashwanigujral.com recommends buying Welspun Corp, Interglobe Aviation and Pidilite Industries and advises selling Central Bank of India and Fortis Healthcare.
Most analysts expect crude oil prices to remain rangebound with upside capped at around USD 55 barrel and unlikely to fall below USD 40 to conclude that it is in a bear territory.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Manappuram Finance, Gruh Finance and Yes Bank.
Ashwani Gujral of ashwanigujral.com is of the view that Balkrishna Industries is the best tyre stock and may test Rs 1900 while RIL will probably move sideways around Rs 1,340-1,350 zone.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Indian Oil Corporation and Cummins India and buy UPL, Siemens and Sun TV.
Mitessh Thakkar of miteshthacker.com has a bullish stance on Reliance Industries and advises buying L&T around Rs 1720.
Ashwani Gujral of ashwanigujral.com advises buying Vedanta, HSIL and Brigade Enterprises.