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
Mitessh Thakkar of mitesshthakkar.com recommends buying Hexaware Technologies, GSFC, NTPC, V-Guard Industries and Bharat Electronics.
In an interview to CNBC-TV18's Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Sandeep Wagle of powermywealth.com is of the view that one can buy Apollo Tyres and Hexaware Technologies.
Mitessh Thakkar of miteshthacker.com suggests buying Edelweiss Financial and Hexaware Technologies.
Prakash Gaba of prakashgaba.com is of the view that trend is still up and the logical technical target still is valid as long as 9920 holds. The crucial support for the Nifty is at 9920 and the resistance is at 10036. Bank Nifty has support at 24400 and resistance at 24750.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy IGL, NTPC and Hexaware Technologies and can sell HDIL.
Kunal Saraogi of Equityrush is of the view that one may buy Indraprastha Gas with a target of Rs 1140.
According to Manoj Murlidharan of Religare Securities, one can buy Power Grid, Ambuja Cements and Hexaware Technologies.
Mitessh Thakkar of miteshthacker.com suggests buying Petronet LNG, Tata Global, Union Bank of India, Oriental Bank of Commerce and Mphasis.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Adani Power and sell Hexaware Technologies.
Sandeep Wagle of powermywealth.com advises buying Engineers India and Hexaware Technologies.
Sandeep Wagle of powermywealth.com advises buying Reliance Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Hexaware Technologies and Raymond.
According to Rajat Bose of rajatkbose.com, one can buy TCS, Hexaware Tech and Tata Elxsi and advises avoiding Infosys.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hexaware Technologies, Raymond and Uflex.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Godrej Industries, Grasim Industries and Tata Chemicals and can sell Hexaware Technologies and BHEL.
Engineers India, Hexaware, and Ashok Leyland, among others, are likely to give out such returns
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ceat, Hexaware Technologies and TVS Motor and sell Ujjivan Financial and Jain Irrigation while he feels that CESC may test Rs 500.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hexaware Technologies and Lupin and sell Voltas.
Sudarshan Sukhani of s2analytics.com suggests buying Hexaware Tech, Godrej Consumer Products and India Cements.
Amit Gupta, Head- Derivatives at ICICIdirect is of the view that one can buy Power Finance Corporation 170 Call while Hexaware Technologies may test Rs 525.
According to Mitessh Thakkar of miteshthacker.com, one can buy Hexaware Technologies and Indo Count Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ICICI Bank, State Bank of India, ITC and Aditya Birla Nuvo and can sell Hexaware Technologies.
Mitessh Thakkar of miteshthacker.com suggests selling Aditya Birla Nuvo and Hexaware Technologies.
Ashwani Gujral of ashwanigujral.com recommends selling Hexaware Technologies and advises buying SRF and PVR.