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
As traders turn cautious over the geopolitical issues coupled with the domestic headlines, the market is expected to ride on the volatile regime with a negative outlook in the short-term unless it witnesses favourable events.
According to Vijay Chopra of enochventures.com, one may stay invested in State Bank of India.
Rajat Bose of rajatkbose.com is of the view that one may exit State Bank of India.
Amit Gupta of ICICIdirect is of the view that one may pick State Bank of India, Federal Bank, Asian Paints and Petronet LNG.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank, L&T Finance Holdings and ICICI Prudential Life Insurance.
SBI, Cipla and TVS Motor, among others, are being tracked by investors on Monday.
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.
Chandan Taparia of Motilal Oswal Securities suggests buying Infosys while Bank of Baroda looks weak and advises buying 145 Put in the stock.
Chandan Taparia of Motilal Oswal Securities recommends buying State Bank of India, Petronet LNG and Hindalco Industries.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, PC Jeweller and Simplex Infra.
In a landmark step, State Bank of India (SBI) cut interest rates on savings accounts that hold less than Rs 1 crore. This is the first such move by any bank in India's history. In an interview to CNBC-TV18, Siddharth Purohit, Senior Research Analyst at Angel Broking shared his views and readings about the same.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy ONGC and JSW Steel and sell Granules India, Sun TV and Wockhardt.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Vedanta, Reliance Industries, Motherson Sumi and Ceat and sell SRF.
Prakash Gaba of prakashgaba.com is of the view that the trend is still up and the next logical technical target in the days to come is 10128-10260 as long as 9920 holds. The crucial support for the Nifty is at 9940-9920 and the resistance is at 10128-10260-10536. Bank Nifty has support at 24850 and resistance at 25550.
Sudarshan Sukhani of s2analytics.com recommends buying Aurobindo Pharma, State Bank of India and Arvind.
Chandan Taparia of Motilal Oswal Securities recommends buying Manappuram Finance, State Bank of India and Tata Motors and expects ACC to test Rs 1800.
Ashwani Gujral of ashwanigujral.com recommends buying Rashtriya Chemicals and Fertilisers, State Bank of India and Gujarat State Petronet.
In an interview to CNBC-TV18's Anuj Singhal and Reema Tendulkar, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank, Indiabulls Housing Finance, Aurobindo Pharma, Capital First and RBL Bank.
Structurally, the index has concluded a healthy corrective phase over the last month within the larger degree uptrend.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Just Dial and Apollo Tyres.
Sudip Bandopadhyay, Market Expert is of the view that State Bank of India and Punjab National Bank are buys at the current level.
In Tata Power and Ambuja Cement, short additions were near 60 percent and 80 percent. However, the recent short covering has seen closure of some shorts.
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.
Gaurang Shah of Geojit Financial Services recommends holding Hindustan Zinc.