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
Sandeep Wagle of powermywealth.com suggests exiting Ujjivan Financial Services.
Sandeep Wagle of powermywealth.com is of the view that one can buy Glenmark Pharma and can sell Ujjivan Financial Services.
Amit Gupta of ICICIdirect suggests buying Arvind and Ujjivan Financial Services.
Sustaining above 10,550 levels on tradable basis Nifty can rally initially towards 10,720 and then 10,840 levels. On the downside, the index has support at 10,400 which was last week low and a break below the said level may trigger a decline towards 10,320 and then 10,230 levels, says Ashish Chaturmohta, Head of Technicals and Derivatives, Sanctum Wealth Management.
Rakesh Bansal of RK Global is of the view that one may buy Burnpur Cement with a target of Rs 20.
Rajat Bose of rajatkbose.com advises exiting Ujjivan Financial Services.
Watch the interview of SP Tulsian of sptulsian.com with Anuj Singhal, Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on fundamentals of market and specific stocks.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Godfrey Phillips with a stop loss of Rs 990 for target of Rs 930 and buy Godrej Consumer with a stop loss of Rs 980 for target of Rs 1050.
Mitessh Thakkar of miteshthacker.com suggests buying Dish TV with a stop loss of Rs 79 for target of Rs 83 and advises buying NBCC with a stop loss of Rs 254.90 for target of Rs 272 while he recommends selling Tata Communications around Rs 684, stop loss of Rs 696 for target of Rs 660.
Kotak said one of the only key worrying factors is the steady rise in the average ticket size at the time of disbursement which is resulting in gradual increase in the average tickets on loans over a period in time.
Prakash Gaba of prakashgaba.com feels that Ujjivan Financial Services may test Rs 500.
Manoj Murlidharan of Religare Securities recommends buying Indiabulls Housing Finance and Ujjivan Financial Services.
Gaurav Ratnaparkhi of Sharekhan advises selling Oriental Bank of Commerce Future with a target of Rs 120.50.
Sandeep Wagle of powermywealth.com is of the view that one can buy Ujjivan Financial Services and can sell Marico.
Mitessh Thakkar of miteshthacker.com recommends buying Tata Global Beverage, Divis Labs, Ajanta Pharma and Ujjivan Financial.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Ujjivan Financial Services and Larsen and Toubro and can sell Eicher Motors and Chennai Petroleum Corporation.
Mitessh Thakkar of miteshthacker.com has a sell on Cummins India below Rs 880, stop loss of Rs 896 for target of Rs 850 and a buy on Godrej Consumer with a stop loss of Rs 962 for target of Rs 1015.
Bharti Infratel continued its dominant form from last week as the stock was the most active gainer in the Nifty, gaining over 2.47 percent followed by Vedanta and Tata Motors which were up 2.12 percent and 1.71 percent respectively.
Ashwani Gujral of ashwanigujral.com feels that Kajaria Ceramics may test Rs 800-850.
Ashwani Gujral of ashwanigujral.com advises buying NIIT Technologies, Ujjivan Financial Services and NALCO.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sobha and Ujjivan Financial Services and sell Coal India.
In an interview to CNBC-TV18, Ashwani Gujral of ashwanigujral.com advises the top stocks to trade for handsome returns.
Ashwani Gujral of ashwanigujral.com recommends buying Capital First, Tata Global Beverage and Ujjivan Financial Services.
According to Mitessh Thakkar of miteshthacker.com, one can buy Jain Irrigation Systems, JustDial and The Ramco Cements
Ashwani Gujral of ashwanigujral.com recommends selling Idea Cellular, Sun Pharma and Interglobe Aviation and advises buy Titan Company and UltraTech Cement.