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 can sell Infosys and buy Balkrishna Industries and JSW Steel.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 10020 and the resistance is at 10138-10150. Bank Nifty on the other hand has support at 24600 and resistance at 25000.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy BEL, IndusInd Bank, Delta Corp and Den Networks and sell Tata Power.
Rajat Bose of rajatkbose.com is of the view that one may book profits in Tata Power Company.
According to Ashu Madan of Religare Securities, one may hold Bajaj Finance.
Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial Services and prefers L&T Finance and Bajaj Finserv over DLF from the midcap space.
Sumeet Jain of Destimoney Securities is of the view that one may sell Divis Lab Future with a target of Rs 594.
Gaurang Shah of Geojit Financial Services is of the view that oen may book some profits in Kalpataru Power Transmission.
Adani Power's plan to transfer Mundra Power Plant to its subsidiary has hit a roadblock. The firm has confirmed a CNBC-TV18 newsbreak that the board of approval (BoA) has turned down Adani Power's proposal. In an interview to CNBC-TV18, Harshvardhan Dole, Vice President-Institutional Equities at IIFL shared his views and outlook on the same.
In Tata Power and Ambuja Cement, short additions were near 60 percent and 80 percent. However, the recent short covering has seen closure of some shorts.
Manoj Murlidharan, VP-Derivatives at Religare Securities recommends buying Sintex Industries, Raymond and Tata Power Company.
ITC, HDFC Bank and IT sector, among others are on the radar of investors today.
The risk-to-reward ratio will be more favourable for stocks which have not attracted too much of interest which could be due to the sector or stock-specific reasons.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Wipro, Mahindra & Mahindra Financial Services and Tata Power and can sell Apollo Hospitals Enterprises and Bharat Heavy Electricals.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Motherson Sumi Systems, LIC Housing Finance and Bata India and can sell Tata Power Company.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian shared his views on the fundamentals of the market and specific stocks.
Ashwani Gujral of ashwanigujral.com advises buy Escorts, LIC Housing and Can Fin Homes.
Sharmila Joshi of sharmilajoshi.com advises exiting Torrent Power.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his views on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Consultancy Services and sell Just Dial and Interglobe Aviation.
State Bank of India, Motherson Sumi and Suzlon, among others are on the radar of brokerage firms today
Prakash Gaba of prakashgaba.com suggests holding SBI while he advises buying Tata Power around Rs 80.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Power, GSFC and Indiabulls Housing Finance and can sell Biocon.