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
Mitesh Thacker of miteshthacker.com recommends buying UltraTech Cement, Ambuja Cements, ICICI Bank, SBI and Karnataka Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Axis Bank, Vedanta, Infosys and Bajaj Finance and sell Bharat Forge.
Mitesh Thacker of miteshthacker.com recommends buying Larsen & Toubro, State Bank of India and Wipro.
Sanjiv Bhasin of IIFL is of the view that one may prefer ICICI Bank, SBI and IndusInd Bank from the banking space and has a positive view on Satin Credit Care.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his reading and outlook on the fundamentals of the market and specific stocks.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Adani Ports, Bharti Airtel and State Bank of India.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shares his take on stocks that can be invested into after the market correction today.
Mitesh Thacker of miteshthacker.com is of the view that one can sell PTC India, State Bank of India and Syndicate Bank.
Ashwani Gujral of ashwanigujral.com recommends sell State Bank of India, HDIL and Indiabulls Real Estate.
Rishi Kohli of ProAlpha Systematic Capital recommends going long in ONGC, Yes Bank while he feels that SBI may test Rs 290.
Bankex gained around 0.4 percent with SBI gaining 2 percent while ICICI Bank was up 1 percent from previous close on expectations that to rate cut may lead to lower rates for housing EMIs, car loans and corporate borrowing.
Niraj Dalal, Independent Market Expert Founding Partner, 3A Capital Advisors is of the view that one may buy PSU banking stocks.
AK Prabhakar of IDBI Capital is of the view that one may prefer AIA Engineering, Bharat Electronics, Castrol and Arvind.
Ambareesh Baliga, Independent Market Expert advises to book profits in PSU banking stocks.
Ashwani Gujral of ashwanigujral.com advises selling SBI, Bharti Airtel and Torrent Pharmaceuticals.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Tata Motors, Mahindra and Mahindra, Prism Cement and Idea Cellular.
Sandeep Wagle of powermywealth.com is of the view that one can sell State Bank of India and Voltas and buy Hindalco Industries.
According to Rajat Bose of rajatkbose.com, one may enter State Bank of India between Rs 230-240.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer State Bank of India and ICICI Bank.
According to Ashwani Gujral of ashwanigujral.com, one can buy Hero MotoCorp, LIC Housing Finance and State Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that it is a good tome to build positions in private banks and feels that PSU banks are likely to do fairly well.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, bank of Baroda and Union Bank of India.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sector.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance, Motherson Sumi and SBI.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market, specific stocks and sectors .