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
Tech Mahindra, UPL and Hexaware, among others, are being tracked by investors on Tuesday.
Kunal Saraogi of Equityrush suggests buying Shriram Transport with a target of Rs 1030.
Ashwani Gujral of ashwanigujral.com recommends buying Century Plyboards, Shriram Transport and Vedanta.
DCB Bank, Infosys and ITC, among others are on the radar of investors on Monday.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance and Torrent Pharma and can sell Shriram Transport.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptualsian.com shared his views and outlook on the fundamentals of the markets and specific stocks.
Tata Motors, Fortis Health and Tata Motors, among others are being tracked by analysts on Monday.
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.
Amit Gupta of ICICIdirect suggests buying Nestle, Colgate Palmolive, Shriram Transport Finance and Power Grid.
Ashwani Gujral of ashwanigujral.com is of the view that United Spirits and ITC should move higher and has a buy on Avanti Feeds and sells on GAIL India and Arvind.
Mitessh Thakkar of mitesshthakkar.com suggests buying Dalmia Bharat, National Aluminium Company, Shriram Transport Finance and Gateway Distriparks.
The NBFC sectors outperformed the benchmark indices in the last one year with some stocks rallying as much as 90 percent.
Mitessh Thakkar of mitesshthakkar.com suggests buying Apollo Tyres, Ceat, Adani Ports, Bharti Infratel and Maruti Suzuki.
Prakash Gaba of prakashgaba.com likes Shriram Transport with target of Rs 1020 and Ujjivan Financial Services with target of Rs 318.
For Shriram Transport Finance, the last 5 years have been harrowing. In FY17, the company ended the year with a profit of Rs 1257.3 crore. Does the future look better? Perhaps yes, but the wait may be a bit longer.
According to Prakash Gaba of prakashgaba.com, there is a good chance that the Nifty could see positive move in the last day of the F&O expiry. The crucial support for the Nifty is at 9466-9439-9400 and the resistance is at 9560-9591 while Bank Nifty has support at 22950 and resistance at 23500.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy PTC India, CRISIL, Gujarat Fluorochemicals and Britannia Industries and sell IndusInd Bank.
Most experts have a target of 32,000 – 33,000 on the S&P BSE Sensex which translates into an upside of about 5 percent. Investors will be better off staying with stocks which can outperform markets by a wide margin.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy L&T Finance Holdings and Shriram Transport Finance Corporation and can sell BPCL.
Oil India, Bharat Forge and Shriram Transport Finance are on the radar of Reliance Securities
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Amara Raja Batteries and Shriram Transport Finance and can buy Dalmia Bharat and Piramal Enterprises.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy HDFC, Shankara Build and Chambal Fertilisers and can sell Andhra Bank.
Ruchit Jain of Angel Broking advises buying HPCL with a target of Rs 521.
Ruchit Jain of Angel Broking suggests buying Siemens with a target of Rs 1427.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Coal India, Tata Communications and Shriram Transport Finance Corporation and buy Larsen & Toubro and Marico.