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
Back in August and early September on multiple occasions, Nifty had faced resistance around supply point of 9,930-9,990.
Sandeep Wagle of powermywealth.com recommends buying Reliance Industries and Tata Chemicals.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Arvind, Havells India and L&T Finance Holdings and can sell Oriental Bank of Commerce.
Ashwani Gujral of ashwanigujral.com recommends buying Coromandel International, Ashok Leyland, IGL, Edelweiss Financial Services and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com recommends buying GAIL India, BASF, Bharat Forge, Ashok Leyland and EID Parry.
The S&P BSE Sensex rose over 200 points in trade on Friday but there was plenty of action in individual stocks as more than 150 stocks hit a fresh 52-weeks high on the BSE.
Ashwani Gujral of ashwanigujral.com recommends buying CESC, GAIL India and Tata Chemicals.
Sandeep Wagle of powermywealth.com recommends buying Tata Chemicals and NTPC.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Future Consumer, Tata Chemicals and Raymond.
Mitessh Thakkar of mitesshthakkar.com suggests buying Ashok Leyland, Tata Chemicals, Container Corporation of India, Nestle India and Canara Bank.
Vishal Malkan of malkansview.com is of the view that one may sell Tata Chemicals with a target of Rs 610.
Prakash Gaba of prakashgaba.com feels that Tata Chemicals can climb to around Rs 650.
Sandeep Wagle of powermywealth.com suggests buying Kajaria Ceramics and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com recommends buying Bharat Forge, Max Financial and Tata Chemicals.
According to VK Sharma, Head of Business, Private Client Group at HDFC Securities, one can pick Maruti Suzuki, Ashok Leyland, Kotak Mahindra Bank, Tata Chemicals, Torrent Power and Kajaria Ceramics.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Colgate Palmolive and Bharat Forge and sell Andhra Bank and Amara Raja Batteries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finserv and Tata Chemicals and sell ITC.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy GSFC, Jain Irrigation Systems and Coal India and sell Tata Chemicals.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy BPCL and Manappuram Finance and hold Maruti Suzuki while one can sell Just Dial and Tata Chemicals.
Jay Thakkar of Anand Rathi Securities is of the view that one may sell Interglobe Aviation (Indigo) with a target of Rs 1160.
Ashwani Gujral of ashwanigujral.com is of the view that ICICI Bank may fall 10 percent and recommends shorting Tata Chemicals while SRF can move higher.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Godrej Consumer and sell Tata Chemicals and Tata Communications.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Tata Chemicals.
Rajat Bose of rajatkbose.com is of the view that one may remain invested in Tata Chemicals.