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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Forge, Infosys, M&M Financial Services, Marico and Asian Paints and can sell Dalmia Bharat.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, ICICI Prudential and Godrej Properties.
Ashwani Gujral of ashwanigujral.com recommends buying Yes Bank, Indiabulls Housing, ICICI Prudential and Biocon.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy ICICI Prudential, Cyient and Indiabulls Housing and can sell Ambuja Cements.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Prudential Life Insurance, Tata Elxsi and Jubilant Foodworks.
Prakash Gaba of prakashgaba.com is of the view that Indiabulls Housing Finance looks good while Ashok Leyland is the stock that looks weak.
Chandan Taparia of Motilal Oswal Securities suggests buying Indiabulls Housing Finance and Mahindra and Mahindra and has a negative view on Hindalco Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indiabulls Housing Finance, Maruti Suzuki, UPL and Kotak Mahindra Bank and can sell Raymond and KPIT Tech.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports, Colgate Palmolive and Indiabulls Housing Finance and can hold L&T Infotech and TCS.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Life Sciences, Mindtree and IDFC Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Escorts, Indiabulls Housing and NCC while he advises holding SBI and selling Pincon Spirit and Mindtree.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Prudential, Reliance Capital, RCF, PC Jeweller, Indiabulls Housing and CESC.
Ashwani Gujral of ashwanigujral.com recommends buying DB Realty with a stop loss of Rs 54, target of Rs 66 and KEC International with a stop loss of Rs 378, target of Rs 395
Sudarshan Sukhani of s2analytics.com recommends buying Jet Airways, Interglobe Aviation, Amara Raja Batteries, Marico, Indiabulls Housing and Glenmark Pharma.
Neeraj Deewan of Quantum Securities is of the view that MGL a better bet than IGL and prefers buying Indiabulls Housing Finance for long term.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy La Opala and sell Bata India and Bajaj Finance.
Prakash Gaba of prakashgaba.com is of the view that one can buy Can Fin Homes and sell Indiabulls Housing Finance.
Escorts and GDP, among others, are being tracked by investors on Friday.
Ashwani Gujral of ashwanigujral.com suggests buying L&T Finance Holdings, UltraTech Cement and Mahanagar Gas.
Ashwani Gujral of ashwanigujral.com recommends buying Bharti Infratel, Indiabulls Real Estate, Muthoot Finance, Hindustan Copper, Indiabulls Housing Finance and UltraTech Cement.
Manoj Murlidharan of Religare Securities recommends buying Indiabulls Housing Finance and Ujjivan Financial Services.
Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Jubilant Foodworks and Indiabulls Housing Finance and can sell Yes Bank.
Mitessh Thakkar of miteshthacker.com has a buy on Amar Raja Batteries with a stop loss of Rs 713 for target of Rs 765 and a sell on ITC with a stop loss of Rs 265 for target of Rs 251 and a sell also on ACC with a stop loss of Rs 1774 for target of Rs 1730.
According to Technical Analyst Prakash Gaba of prakashgaba.com, for the Nifty 10380-400 is still a stiff resistance to deal with and down side from 10240 to 10184 is still a possibility. The crucial support for the Nifty is at 10240-10184 and the resistance is at 10380-10400. Bank Nifty on the other hand has support at 25100 and resistance at 25500.
Ashwani Gujral of Ashwanigujral.com suggests buying Indiabulls Housing, Amara Raja and PC Jeweller.