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
Sumit Bilgaiyan of Equity99 believes the fortnightly high-low will act as strong support and resistance for market
Mitessh Thakkar of mitesshthakkar.com recommends buying KPIT Technologies with a stop loss of Rs 301 and target of Rs 320 and Sun Pharmaceutical Industries with a stop loss of Rs 564 and target of Rs 595 and advises selling Colgate Palmolive with a stop loss of Rs 1136 and target of Rs 1090.
Rajesh Agarwal of AUM Capital recommends buying Century Enka with stop loss at Rs 259 and target of Rs 272, Marico with stop loss at Rs 343 and target of Rs 360 and Bajaj Finance with stop loss at Rs 2390 and target of Rs 2450.
Traders can accumulate the stock in a range of Rs 370-375 for the upside target of Rs 412 with a stop loss below Rs 345.
Ashwani Gujral ashwanigujral.com is of the view that one may prefer HDFC, HDFC Bank, Monsters and NIIT Tech.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Yes Bank and Rural Electrification Corporation and can buy Sonata Software.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sonata Software and can sell JSPL and HDIL.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Sun TV and Jindal Steel & Power and can buy Bombay Burmah Trading.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Balkrishna Industries and Sonata Software.
Ashwani Gujral of ashwanigujral.com recommends buying Bombay Burmah, Karnataka Bank and Radico Khaitan.
Ashwani Gujral of ashwanigujral.com suggests buying Bharat Forge, Balkrishna Industries and Sun TV Network.
Ashwani Gujral of ashwanigujral.com recommends buying UPL, Jindal Steel & Power and Eicher Motors.
Ashwani Gujral of ashwanigujral.com recommends buying United Breweries, Sonata Software, Capital First, Kolte Patil Developers, BHEL and Godrej Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Capital First and Sonata Software and can sell Lupin.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals, CG Power and SREI Infra.
Mitessh Thakkar of mitesshthakkar.com recommends buying Sonata Software, United Breweries, SAIL, Aurobindo Pharma and Balrampur Chini.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can exit BHEL and pick M&M, Mindtree and Sonata Software while he feels that Rain Industries is likely to head higher.
Mitessh Thakkar of miteshthacker.com advises buyinmg Axis Bank with a target of Rs 555.
Ashwani Gujral of ashwanigujral.com suggests buying Ashok Leyland, Bombay Burmah Trading Corporation and Can Fin Homes.
Pankaj Pandey, Head of Research at ICICIdirect feels that Sonata Software may move to Rs 260.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer TCS, Sonata Software and Tech Mahindra.
Prakash Gaba of prakashgaba.com advises buying Bajaj Finance with target Rs 1820.
Mitessh Thakkar of miteshthacker.com has a sell on Cummins India below Rs 880, stop loss of Rs 896 for target of Rs 850 and a buy on Godrej Consumer with a stop loss of Rs 962 for target of Rs 1015.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sonata Software, Zee Entertainment and Hexaware Technologies and can sell Bata India, Just Dial and Amara Raja Batteries.
Stocks which gave multibaggers returns in the December quarter of 2016 include names like SE Power, Kushal Tradelink, India Metals, Vama Industries, HM Sugar Mills, Indokem, Atlas Jewellery, Niraj Cement etc. among others.