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
Gaurav Bissa of LKP Securities is of the view that one can buy Bharat Financial Inclusion and Capital First and can sell Tata Chemicals.
The long term trajectory of the market will remain towards an upward trend.
Vishvesh Chauhan of Monarch Networth Capital advises buying Capital First with a target of Rs 790.
Tata Global Beverages owns close to Rs 755 crore worth of stake in other Tata group firms, especially in Tata Chemicals, said the media report.
Vishvesh Chauhan of Monarch Networth Capital suggests buying BHEL with a target of Rs 145.
Sandeep Wagle of powermywealth.com is of the view that one may buy BEML and Tata Chemicals.
Sandeep Wagle of powermywealth.com suggests buying Vedanta and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com recommends buying Syndicate Bank, UltraTech Cement and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com suggests selling HCL Technologies and advises buying Tata Chemicals and Tata Elxsi.
VK Sharma of HDFC Securities recommends buying Maruti Suzuki, Eicher Motors, Cipla, Gujarat Alkalies, Tata Chemicals and United Spirits.
Sudarshan Sukhani of s2analytics.com suggests buying Apollo Tyres, SpiceJet and Dabur India.
Ashish Kyal of wavesstrategy.com recommends buying Kaveri Seed Company with a target of Rs 675 and Nilkamal with a target of Rs 2200.
Sameet Chavan of Angel Broking suggests buying United Spirits with target of Rs 2420 and Balmer Lawrie with a target of Rs 262.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the market and specific stocks.
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.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9580-9540 and resistance at 9660-9713 while Bank Nifty has support at 23100 and resistance at 23500.
Mitessh Thakkar of miteshthacker.com suggests buying Can Fin Homes and Tata Chemicals.
According to Ashwani Gujral of ashwanigujral.com, one can sell Lupin, Equitas Holdings and Tata Chemicals and buy Marico and Larsen & Toubro.
Manoj Murlidharan of Religare Securities suggests buying UPL, Tata Chemicals and TVS Motor Company.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals, City Union Bank, Cummins India, BEML and Hindustan Unilever.
Ashwani Gujral of ashwanigujral.com suggests buying Chambal Fertilisers and Chemicals, Ceat and Tata Chemicals.
Sudarshan Sukhani of s2analytics.com suggests buying Punjab National Bank, Tata Chemicals and TVS Motor Company.
Ashwani Gujral of ashwanigujral.com recommends buying JM Financial, Reliance Industries, Ceat, Dewan Housing Finance and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Tata Chemicals and Century Textiles and Industries.