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
Brokerage feels Jio’s focus could shift to monetisation and may expand beyond 4G smartphone users post fixed broadband service.
Reliance, Godrej Consumer, among others, are on the radar of investors today.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9630-9580 and the resistance is at 9724 and he picks Hindustan Zinc, Nalco and TVS Motor as bullish plays and HDIL as a bearish play.
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.
Bharat Electronics, Reliance Industries, Godrej Consumer Products are on the radar of Religare Securities
Ashwani Gujral of ashwanigujral.com bets on financials and avoid IT and pharma stocks. Buy JSPL and sell TCs and HDIL," he adds.
Ashwani Gujral of ashwanigujral.com recommends buying Punjab National Bank, Eicher Motors and Reliance Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Can Fin Homes, Coromandel International and Aurobindo Pharma.
Ashwani Gujral of ashwanigujral.com recommends buying Raymond, Century Textiles and Reliance Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Indiabulls Real Estate, PC Jeweller and Bajaj Electricals.
VK Sharma, Head of Business-Private Client Group at HDFC Securities recommends buying Reliance Industries, Colgate Palmolive and Britannia Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jubilant Foodworks and buy HDFC and Reliance Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Wockhardt, Divis Laboratories and Aurobindo Pharma.
Prakash Gaba of prakashgaba.com
According to Ashwani Gujral of ashwanigujral.com, one can buy Reliance Industries, HDFC Bank and Dewan Housing Finance.
Mitessh Thakkar of miteshthacker.com recommends buying Reliance Industries and likes Berger Paints.
Chandan Taparia of Motilal Oswal Securities recommends buying Indiabulls Housing Finance, Tata Steel and Reliance Industries.
Nifty has support at 9550 and resistance at 9634-9660 while Bank Nifty has support at 23250 and resistance at 23600, says Prakash Gaba of prakashgaba.com.
Ashwani Gujral of ashwanigujral.com feels that Reliance Industries may test Rs 1450.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Industries, Vedanta and IGL.
Ashwani Gujral of ashwanigujral.com suggests buying Sundram Fasteners, Yes Bank and NBCC.
Ashwani Gujral of ashwanigujral.com recommends buying Muthoot Finance and Reliance Industries and picks Yes Bank as a sell.
Ashwani Gujral of ashwanigujral.com suggests selling Yes Bank on rallies while he feels that JK Cement may head towards Rs 1350.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Hindustan Unilever and Reliance Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Exide Industries, Reliance Industries and Idea Cellular.