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
A rate cut or a rate hike, investors are advised to stick to quality rate sensitive stocks which can outperform benchmark indices, suggest experts.
Ashwani Gujral of ashwanigujral.com suggests buying Shriram Transport, Indraprastha Gas and ABB.
Sudarshan Sukhani of s2analytics.com suggests buying Bharat Forge, Biocon and Shriram Transport Finance.
Motilal Oswal prefers 4-wheelers over 2-wheelers & commercial vehicles due to strong volume growth & stable competitive environment.
Rahul Shah, Associate VP at Motilal Oswal advises buying JSW Steel, Sun Pharma and Shriram Transport Finance.
Chandan Taparia of Motilal Oswal Securities advises buying TCS, Bharat Electronics and Shriram Transport Finance.
Vishal Malkan of malkansview.com advises buying Bata India with a target of Rs 765.
According to Ashwani Gujral of ashwanigujral.com, one may Motherson Sumi and Shriram Transport.
Ashwani Gujral of ashwanigujral.com has a buy on Praj Industries with a stop loss of Rs 110, target of Rs 123, a buy on Radico Khaitan with a stop loss of Rs 284, target of Rs 302 and a buy on Balkrishna Industries with a stop loss of Rs 2150, target of Rs 2300.
According to Prakash Gaba of prakashgaba.com, the trend is still down but the first sign of strength will be displayed when the Nifty starts to trade above 10150. The crucial support for the Nifty is at 10013 and the resistance is at 10210, Bank Nifty has support at 9905-10013 and resistance at 10210.
Ashwani Gujral of ashwanigujral.com recommends buying SBI, Jet Airways, Canara Bank, Shriram Transport, L&T Finance Holdings and Bharat Forge.
Rahul Shah of Motilal Oswal recommends buying Maruti Suzuki, Biocon and Shriram Transport Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Shriram Transport Finance Corporation and can sell Axis Bank and Muthoot Finance.
Sandeep Wagle of Powermywealth.com suggests buying Shriram Transport Finance and Piramal Enterprises.
Ashwani Gujral of ashwanigujral.com recommends buying Heritage Foods, NBCC, Hexaware Technologies, BPCL, Wipro, Amara Raja Batteries and Shriram Transport Finance.
Rahul Shah of Motilal Oswal suggests buying JSW Steel, Shriram Transport Finance and Tata Power.
Ashwani Gujral of ashwanigujral.com suggests buying Shriram Transport, Tata Global and Tech Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Balkrishna Industries, Prestige Estates and Edelweiss Financial.
Prakash Gaba of prakashgaba.com advises buying Bajaj Finance with target Rs 1820.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Maruti Suzuki, Voltas, Infosys, L&T Finance Holdings and United Spirits.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Cummins India and buy Power Finance Corporation.
Tech Mahindra, Godrej Consumer and JSW Energy, among others, are on the radar of investors on Thursday.
Sandeep Wagle of powermywealth.com is of the view that one may hold Shriram Transport Finance Corporation.
The USD 12 billion proposed merger between IDFC and Shriram Group has been scrapped after both parties failed to find common ground on valuations. In an interview to CNBC-TV18, Digant Haria, AVP-Research at Antique Stock Broking shared his views and readings on the same.
Mitessh Thakkar of mitesshthakkar.com has recommends a buy on Mangalore Refinery and Petrochemicals which has a positive candlestick pattern with a stop loss of Rs 131 for target of Rs 140 while Ashwani Gujral of ashwanigujral.com has a buy on Maruti Suzuki with a stop loss of Rs 8000, target of Rs 8250.