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 miteshthacker.com suggests selling Tata Chemicals and Pidilite Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Yes Bank, Tata Elxsi and Sun Pharmaceutical Industries and can sell Mahanagar Gas and Berger Paints.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals, CG Power and SREI Infra.
Sandeep Wagle of powermywealth.com recommends buying Jubilant Foodworks and Tata Chemicals.
Mitessh Thakkar of miteshthacker.com suggests buying Tata Chemicals, South Indian Bank, Bata India and Hero Moto.
Ashwani Gujral of ashwanigujral.com recommends buying Capital First, Fortis Healthcare, JSW Steel and Engineers India.
Any decent declines during the year remain to be a good buying opportunity for investors having longer-term horizon. On the downside, 10460 – 10426 are the levels to watch out for.
According to Sudarshan Sukhani of s2analytics.com, one may buy Tata Chemicals, Tech Mahindra, Gail, Zee Entertainment and Voltas.
The Nifty closed at a new all-time high on Friday and seen small consolidation at breakout levels. Crossing and sustaining above 10500 levels on a tradable basis, the index can be expected to rally towards 10700 levels and then 10840 odd levels on the upside.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Ashok Leyland, Bharat Financial and Colgate Palmolive.
According to Vijay Chopra of enochventures.com, one may stay invested in UPL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ajanta Pharma, Ashok Leyland and Colgate Palmolive and can sell Idea Cellular and Tata Motors.
Sudarshan Sukhani of s2analytics.com advises selling Fortis Healthcare.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Fortis Healthcare and HDIL and buy Relaxo Footwears.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Divis Laboratories, Bajaj Auto, Tata Chemicals and V-Guard Industries and can sell Chennai Petroleum.
Mitessh Thakkar of miteshthacker.com suggests selling ACC with a stop loss of Rs 1734 for target of Rs 1650 and advises buying Biocon with a stop loss of Rs 412 for target of Rs 445.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Elecon Engineering with a target of Rs 94.
Rahul Shah, Associate VP of Motilal Oswal advises buying Tata Chemicals, Punjab National Bank, Lupin and Tata Motors.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Century Textiles, Mahanagar Gas, NCC, Torrent Pharma and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com recommends buying Hitachi Home, Motilal Oswal, NBCC, Tata Chemicals and Petronet LNG.
Ashwani Gujral of ashwanigujral.com suggests buying Idea Cellular, Tata Chemicals and Reliance Capital.
Bharat petroleum Corporation and Indiabulls Housing Finance which added over 2 percent each on the Nifty while a total of 142 stocks hit 52-week high in today's trade on the BSE Index.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Cipla, Sun Pharmaceutical Industries, Mahindra & Mahindra Financial Services, Tata Chemicals and Vedanta and advises a bull spread in Tata Communications.
The midcap Index which was again the outperformer, up 1.29 percent led by Jain Irrigation Systems and Jaiprakash Associates while Bajaj Auto, ICICI Lombard General Insurance Company, MphasiS and Vedanta were some of few stocks that hit 52-week high on the NSE.
Below is our latest offering: 12 conviction picks that could fetch you strong returns if held from this Diwali to the next, along with the rationale for our choices. The list is in alphabetical order.