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 get into tyre and small private banks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ceat and sell Axis Bank and TVS Motor Company.
Sameet Chavan of Angel Broking recommends buying NMDC with a target of Rs 122 and Just Dial with a target of Rs 492.
Nifty has support at 9550 and resistance at 9634-9660 while Bank Nifty has support at 23250 and resistance at 23600, says Prakash Gaba of prakashgaba.com.
Ashwani Gujral of ashwanigujral.com recommends buying CG Power, Escorts, TVS Motor Company, IndusInd Bank and Yes Bank.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9430-9400 and resistance at 9600 while Bank Nifty has support at 22800 and resistance at 23400.
Our research led us to one such unique listed entity – Samkrg Pistons and Rings. The Company manufactures and markets a wide array of engineered Pistons, Piston Pins, Piston Rings & Circlips for the automotive markets.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ceat, Hexaware Technologies and TVS Motor and sell Ujjivan Financial and Jain Irrigation while he feels that CESC may test Rs 500.
Manoj Murlidharan of Religare Securities is of the view that one can buy Sintex Industries and Pidilite Industries and can sell TVS Motor.
Global research firm believes earnings growth for the firm will be better than peers. This, along with good product portfolio will help the company
Ashwani Gujral of ashwanigujral.com suggests buying Bata India while he feels that TVS Motor may test Rs 580-600.
Ashwani Gujral of ashwanigujral.com recommends buying MCX India; buy TVS Motor and Natco Pharma.
Chandan Taparia of Motilal Oswal Securities recommends buying TVS Motor, Amara Raja Batteries and KPIT Technologies.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Piramal Enterprises with a target of Rs 2750.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy TVS Motor Company on dips with a long term view.
Ashwani Gujral of ashwanigujral.com recommends selling Can Fin Homes, LIC Housing Finance and Dewan Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bajaj Finserv and Apollo Tyres and buy NIIT Tech.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Can Fin Homes and PVR and buy TVS Motor.
Ashwani Gujral of ashwanigujral.com suggests buying Motilal Oswal, Reliance Capital, Indian Oil Corporation and Godrej Industries.
Analysts are tracking stocks based on earnings from major firms on Thursday.
Manoj Murlidharan of Religare Securities suggests buying UPL, Tata Chemicals and TVS Motor Company.
Ashwani Gujral of ashwanigujral.com recommends buying ITC, TVS Motor and Balkrishna Industries.
Sudarshan Sukhani of s2analytics.com suggests buying Punjab National Bank, Tata Chemicals and TVS Motor Company.
According to Ashwani Gujral of ashwanigujral.com, one can buy YES Bank, IndusInd Bank and sugar stocks including Dhampur Sugar and EID Parry.