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
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals, Motilal Oswal and YES Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Glenmark Pharma and Just Dial while can buy Dabur India, Apollo Tyres and Tata Chemicals.
According to Hemant Thukral of Aditya Birla Money, one can buy Motherson Sumi Systems and Tata Chemicals.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Century Textiles with a target of Rs 1100.
According to Mitessh Thakkar of miteshthacker.com, one can buy State Bank of India and Tata Chemicals.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy IndusInd Bank, Bajaj Finance and Tata Chemicals and sell ACC and Glenmark Pharma.
The index made a high of 9,158 on Thursday; however, it is placed near the upper-end of the current Gann channel i.e. 9160 which warrant some caution.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, India Cements and Tata Chemicals.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Polaris with a target of Rs 190.
Ruchit Jain of Angel Broking is of the view that one may buy Bajaj Auto with a target of Rs 2950.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Dishman Pharma with a target of Rs 245.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Amara Raja Batteries and Petronet LNG and sell Tata Chemicals.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com gave his outlook on Bharat Forge, Dilip Buildcon, Engineers India and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com recommends buying Chennai Petroleum Corporation, Tata Chemicals and Symphony.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Tech Mahindra and Aurobindo Pharma and buy Yes Bank, Tata Chemicals and Havells India.
According to Ashwani Gujral of ashwanigujral.com, one can buy Tata Chemicals and sell Rural Electrification Corporation and Just Dial.
According to Ashwani Gujral of ashwanigujral.com, one may buy State Bank of India, Tata Chemicals and Havells India.
Ashwani Gujral of ashwanigujral.com suggests buying BHEL, Tata Chemicals and Bajaj Finance.
Mitessh Thakkar of miteshthacker.com suggests buying UltraTech Cement and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Chemicals on declines.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, said he is positive on the fertiliser space, and bets on stocks like Gujarat State Fertilizers & Chemicals (GSFC), Tata Chemicals, Coromandel.
According to Sudarshan Sukhani of s2analytics.com, one can buy Havells India, IndusInd Bank and Marico and advises selling Divis Labs.
Sudarshan Sukhani of s2analytics.com recommends buying HCL Tech, Larsen & Toubro, Tata Chemicals and Zee Entertainment while he feels that banks will underperform and advises selling Bank of Baroda.
Kunal Saraogi of Equityrush is of the view that one may buy Sintex Industries with a target of Rs 84.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities recommends buying Indraprastha Gas and Tata Chemicals.