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
Taking global cues, Nifty is expected to open flat to negative around 10,460 and likely to remain stuck in the price band 10410 to 10540, says a report by Stewart & Mackertich.
Yogesh Mehta, Associate Vice President- PCG Advisory Equities at Motilal Oswal recommends buying Reliance Industries, Tech Mahindra and Bharti Airtel.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Mindtree and Pidilite Industries and can sell UPL, Tata Steel and Tata Motors.
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra with a stop loss of Rs 588, target of Rs 620, a buy on NIIT Tech with a stop loss of Rs 788, target of Rs 825 while a sell call on Century Textiles with a stop loss of Rs 1190, target of Rs 1130.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Eicher Motors, Tech Mahindra, Interglobe Aviation, Vedanta, ICICI Prudential Life Insurance and Bata India and can sell IDFC and India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Balkrishna Industries and Sonata Software.
Ashwani Gujral of ashwanigujral.com recommends buying Infosys, Yes Bank and Kotak Mahindra Bank.
Sandeep Wagle of powermywealth.com is of the view that one can buy PVR and can sell Tech Mahindra.
Sudarshan Sukhani of s2analytics.com suggests selling ONGC, SRF and Marico.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT Technologies and Tata Consultancy Services and can sell Jubilant Foodworks.
Sandeep Wagle of powermywealth.com recommends buying National Aluminium Company and Tech Mahindra.
Yogesh Mehta, Associate VP at Motilal Oswal is of the view that one can buy Bharti Airtel and Tech Mahindra and short TVS Motor Company.
HDFC, Tech Mahindra and KPIT Tech, among others, are being tracked by analysts on Tuesday.
Rahul Shah, Associate VP at Motilal Oswal recommends buying Kotak Mahindra Bank, Tata Steel and Tech Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying GMR Infra with a stop loss of Rs 20, target of Rs 27 and sell Capital First with a stop loss of Rs 860, target of Rs 800.
Rajat Bose of rajatkbose.com recommends buying United Breweries, Just Dial and Tech Mahindra.
Kunal Saraogi of Equityrush is of the view that one may buy Jindal Steel with a target of Rs 270.
Vishal Malkan of malkansview.com is of the view that one may buy Hexaware Technologies with a target of Rs 375.
IDFC has also initiated coverage with Outperformer call on Tech Mahindra and Mindtree, and set a target price at Rs 610 and Rs 650, respectively.
Yogesh Mehta, Associate VP at Motilal Oswal suggests buying Tata Motors DVR, Titan Company and Tech Mahindra.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Maruti Suzuki, Tech Mahindra and NTPC and can sell Equitas Holdings.
2018 is expected to be another good year — with the results of all policy initiatives taken in the last 2 years beginning to take shape.
According to Sudarshan Sukhani of s2analytics.com, one may buy Tata Chemicals, Tech Mahindra, Gail, Zee Entertainment and Voltas.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Divis Lab with a target of Rs 1165.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell Balkrishna Industries.