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 mitesshthakkar.com is of the view that one may buy ONGC and JSW Steel and sell Granules India, Sun TV and Wockhardt.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Vedanta, Reliance Industries, Motherson Sumi and Ceat and sell SRF.
Tech Mahindra, UPL and Hexaware, among others, are being tracked by investors on Tuesday.
Prakash Gaba of prakashgaba.com is of the view that technically the next logical target is 10036 as long as 9920 holds. The crucial support for the Nifty is at 9920 and the resistance is at 9969-10036.
Ambit added Dabur, Idea Cellular, Sundram Fasteners and remove ITC, Bharti Infratel and Endurance Technologies.
Mitessh Thakkar of mitesshthakkar.com suggests buying Dalmia Bharat, National Aluminium Company, Shriram Transport Finance and Gateway Distriparks.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 9520-9466 and the resistance is at 9620-9700-9724 and has Mindtree and Sun Pharma as bullish plays while he has Tech Mahindra and UPL as bearish plays.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 9620 and the resistance is at 9700-9724. Equitas Holdings, Grasim Industries, Tech Mahindra and Ujjivan Financial Services are the stocks in which he is bullish on.
Some quality names in IT and pharma are available at appealing valuations which are attracting smart money into these stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Max Financial Services, BGR Energy Systems and KEC International and advises holding Avenue Supermarts.
Ashwani Gujral of ashwanigujral.com suggests buying Balaji Telefilms on dips.
In an interview to CNBC-TV18, Ravi Menon, Analyst-IT Services at Elara Capital spoke about the latest happenings in the IT sector.
Prakash Gaba of prakashgaba.com is of the view that Indiabulls Housing can climb to Rs 1180 while Tech Mahindra may test Rs 411.
Latest quarterly numbers from Sun Pharma and Tech Mahindra have come as a shocker for investors. Both companies belong to sectors experiencing pain and in the midst of a major overhaul.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motherson Sumi and HDFC and sell Reliance Power, Reliance Infra and Reliance Capital.
Prakash Gaba of prakashgaba.com is of the view that Tech Mahindra may see lower levels.
In an interview to CNBC-TV18, Ravi Menon of Elara shared his readings and outlook on Q4 numbers of Tech Mahindra.
Sun Pharma, Tech Mahindra, and Indian Hotels, among others are being tracked by investors today.
Mitessh Thakkar of mitesshthakkar.com recommends buying Tata Consultancy Services and Tech Mahindra.
Yogesh Mehta of Motilal Oswal is of the view that one can buy Tech Mahindra and Yes Bank and sell Tata Steel.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Marico and can sell Tech Mahindra and Crompton Greaves.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Fortis Healthcare and sell Tech Mahindra and Muthoot Finance.
Sandeep Wagle of powermywealth.com recommends buying Marico and ITC and is bullish on Tata Steel and Bank of Baroda while he advises selling UPL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT and Hindustan Unilever and can sell Yes Bank, Tech Mahindra and Cummins India.
Mitessh Thakkar of mitesshthakkar.com suggests buying Bharat Financial, Engineers India, ICICI Bank and Tech Mahindra while he has a conditional sell on IGL.