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
Ashwani Gujral of ashwanigujral.com recommends buying Ceat, Godrej Properties, REC, Dewan Housing Finance and Can Fin Homes.
Analysts are tracking stocks based on earnings from major firms on Thursday.
Rajat Bose of rajatkbose.com recommends buying Balkrishna Industries, Kotak Mahindra Bank and Bharat Forge.
Rajat Bose of rajatkbose.com is of the view that one can buy Biocon and Shriram Transport Finance and sell State Bank of India.
Rajat Bose of rajatkbose.com recommends buying Maruti Suzuki and Bombay Rayon Fashions and feels that Tata Elxsi may hit Rs 1588.
From Vedanta, Eicher Motors to power and NBFCs, analysts are tracking these stocks and sectors on Wednesday
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Kotak Mahindra Bank, HCL Technologies and Bharat Forge and sell Lupin.
Ashish Kyal of Waves Strategy Advisors advises selling Engineers India with a target of Rs 139.
Mitessh Thakkar of miteshthacker.com likes Bajaj Finance and Shriram Transport Finance Corporation.
In an interview to Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, SP Tulsian of sptulsian.com shared his views on the fundamentals of the market and the outlook going forward. He also spoke about specific stocks and sectors.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Forge , Power Grid, Shriram Transport and Zee Entertainment and advises selling ONGC.
On the technical front, 9,020-9,050 is strong support zone for the Nifty and current trend is likely to continue towards 9,400. Here are top five stocks, which can give up to 7-17 percent in the short term based on technical parameters.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Century Textiles with a target of Rs 1100.
Ashwani Gujral of ashwanigujral.com suggests buying Shriram Transport Finance Corporation, UltraTech Cement and State Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Capital for target of Rs 595-600.
Kunal Saraogi of Equityrush advises buying Apollo Tyres with a target of Rs 200.
In an inteview with CNBC-TV18, SP Tulsian of sptulsian.com, explains why he likes Century Textiles and Adani Ports. He also gives his views on various other stocks like M&M Financials, Shriram Transport and MRF.
Sameet Chavan of Angel Broking is of the view that one may buy Bata India with a target of Rs 558.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Polaris with a target of Rs 190.
Mitessh Thakkar of miteshthacker.com advises buying Jet Airways and Shriram Transport Finance.
According to Chandan Taparia of Motilal Oswal Securities, one can buy Hero MotoCorp and Hindustan Unilever and sell Shriram Transport Finance.
Mitessh Thakkar of miteshthacker.com suggests buying Mahindra and Mahindra, Infosys and Hindustan Unilever and advises selling Shriram Transport Finance and Tata Motors.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Tata Steel and sell Shriram Transport Finance.
Deutsche Bank's largecap picks are Aurobindo Pharma, BPCL, Maruti Suzuki, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra and Vedanta India.
CLSA says if Kotak Mahindra Bank and Axis Bank merged then the merged entity would be among the largest private banks and the merger would allow banks to capitalise on individual strengths.