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
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Vedanta and Apollo Tyres and sell Tata Communications, Glenmark Pharma and UPL.
Ashwani Gujral of ashwanigujral.com recommends buying Britannia Industries, Petronet LNG, Vedanta, Coromandel International and TVS Motor Company.
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.
According to Prakash Gaba of prakashgaba.com, 9700 is a crucial support to work with and 9900 is the resistance to deal with. Volatility is not ruled out as this is a truncated week. The crucial support for Nifty is at 9700-9640 and the resistance is at 9900. On the other hand, Bank Nifty has support at 23750 and resistance at 24300.
According to Sandeep Wagle of powermywealth.com, one may buy Hindustan Petroleum Corporation.
Ashwani Gujral of ashwanigujral.com suggests buying Jain Irrigation Systems, Vedanta and Edelweiss Financial Services.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Mahindra and Mahindra and Coal India and buy Manappuram Finance while can hold Tech Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bharti Infratel and buy Vedanta and Ashok Leyland.
In an interview to CNBC-TV18's Surabhi Upadhyay and Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Amit Gupta, Head-Derivatives at ICICIdirect recommends buying Vedanta 290 Call.
Sandeep Wagle of powermywealth.com recommends buying Century Textiles and Vedanta.
Sandeep Wagle of powermywealth.com recommends buying Havells India and Vedanta.
Amit Gupta of ICICIdirect recommends buying Mahindra and Mahindra 1420 Call and Vedanta 290 Call while Bosch may move beyond Rs 25,000.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Vedanta, Reliance Industries, Motherson Sumi and Ceat and sell SRF.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Capital, Larsen & Toubro and Vedanta.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Fortis Healthcare and Vedanta and buy Ashok Leyland.
Ashwani Gujral of ashwanigujral.com recommends buying Vedanta, Tata Steel and Eicher Motors.
Asian Paints, Axis Bank and Vedanta, among others, are on the radar of analysts on Wednesday.
According to Sharmila Joshi of sharmilajoshi.com, one can hold Vedanta.
Rajat Bose of rajatkbose.com suggests holding MRF and Asian Paints.
Ashwani Gujral of ashwanigujral.com recommends buying Century Plyboards, Shriram Transport and Vedanta.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Vedanta and Motherson Sumi and can sell NIIT Tech while one may hold Can Fin Homes.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Britannia Industries, Colgate Palmolive, Hindustan Unilever, Hero MotoCorp, Interglobe Aviation, Lupin and Aurobindo Pharma and can sell IRB Infrastructure Developers and Housing Development and Infrastructure.
Ashwani Gujral of ashwanigujral.com recommends selling ITC on rallies and advises buying Vedanta, JSPL, Ashok Leyland, Hindustan Unilever and Chambal Fertiliser.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports, Glenmark Pharma and Godrej Consumer Products and can sell Dish TV.