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 is of the view that one may buy Motilal Oswal, BPCL and Tata Global.
Investors who are just focused on Nifty and Sensex might miss a big opportunity which is there in the small and midcap space, says Veliyath who is MD, Equity Intelligence India.
Mitessh Thakkar of miteshthacker.com advises buying Aurobindo Pharma with a target of Rs 710.
Ruchit Jain of Angel Broking is of the view that one may buy NIIT Technologies with a target of Rs 681.
According to Ashwani Gujral of ashwanigujral.com, one may buy Tata Global Beverage and Tata Elxsi.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Global Beverage with a stop loss of Rs 278, target of Rs 294, DLF with a stop loss of Rs 235, target of Rs 242 and a buy also on KEC International with a stop loss of Rs 338, target of Rs 360.
Tata Global, BHEL, and IRB Infra, among others, are on the radar of investors on Thursday.
Gaurang Shah of Geojit Financial Services is of the view that one can bet on Tata Global Beverage and Idea Cellular.
Ruchit Jain of Angel Broking is of the view that one may sell Hindalco Industries with a target of Rs 229.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Global Beverage.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell DCB Bank, Indiabulls Real Estate, Asian Paints and Tata Global Beverage and can buy Tata Steel and South Indian Bank.
Mitessh Thakkar of miteshthacker.com has a buy on Axis Bank with a stop loss of Rs 547 for target of Rs 585 and a buy on IDFC with a stop loss of Rs 61.8 for target of Rs 67.
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.
Sumeet Jain of Destimoney Securities is of the view that one may buy Idea Cellular with a target of Rs 109.
Mitessh Thakkar 0f mitesshthakkar.com has a buy on Ajanta Pharma with a stop loss of Rs 1237, target of Rs 1360 and a buy on DLF with a stop loss of Rs 215, target of Rs 245.
Sumeet Jain of Destimoney Securities is of the view that one may buy Polaris Consulting with a target of Rs 384.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer Tata Global Beverage.
Ashwani Gujral of ashwanigujral.com feels that SRF may move to Rs 1900-1950.
Ashwani Gujral of ashwanigujral.com suggests buying Shriram Transport, Tata Global and Tech Mahindra.
A Large part of the rally was driven by short coverings after Moody’s upgrade tilted the sentiment in favour of bulls. The rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to 'Baa3' in 2004. In 2015, the rating outlook was changed to 'positive' from 'stable'.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Sobha, Can Fin Homes and Punjab National Bank.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities suggests buying Tata Global Beverage, Titan Company, Asian Paints, Bata India and India Cements.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Forge, Hindustan Petroleum Corporation and Indocount Industries and can sell Max Financial Services and Bharat Financial Inclusion.
Gaurav Ratnaparkhi of Sharekhan advises selling Oriental Bank of Commerce Future with a target of Rs 120.50.
Mitessh Thakkar of miteshthacker.com recommends buying Tata Global Beverage, Divis Labs, Ajanta Pharma and Ujjivan Financial.