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
According to Ashwani Gujral of ashwanigujral.com, one may buy Infosys, Idea Cellular and IndusInd Bank.
Ashwani Gujral, fund manager at ashwanigujral.com is of the view that one can buy Idea Cellular and YES Bank and sell NCC.
Prakash Gaba of prakashgaba.com recommends going long in Bata India and feels that Idea Cellular may test Rs 118.
Ashwani Gujral, fund manager at ashwanigujral.com recommends buying Infosys and Idea Cellular and advises selling HPCL.
Ashwani Gujral of ashwanigujral.com recommends buying Indo Count Industries and Reliance Capital and advises selling Indiabulls Housing Finance.
Ashwani Gujral of ashwanigujral.com recommends buying NIIT and advises selling Idea Cellular and TCS.
Ashwani Gujral of ashwanigujral.com is of the view that Bharti Airtel may test Rs 310-315.
Aditya Agarwal of Way2Wealth Securities recommends buying HPCL, Idea Cellular and Larsen & Toubro and advises shorting Godrej Industries.
Vishal Malkan of malkansview.com recommends buying Ashok Leyland, TVS Motor Company and Idea Cellular.
Amit Gupta, Head- Derivatives at ICICIdirect is of the view that one may go long in HDFC Bank and short Nifty.
Prakash Gaba of prakashgaba.com is of the view that one may short Punjab National Bank and Lupin and feels that Britannia Industries may test Rs 2,550.
Prakash Gaba of prakashgaba.com is of the view that SAIL may test Rs 47.50 while Infosys may hit Rs 1,240.
Ashwani Gujral of ashwanigujral.com recommends selling IndusInd Bank and Lupin and advises buying Bharat Forge.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Idea Cellular.
Chandan Taparia of Anand Rathi Securities recommends buying State Bank of India and India Cements and feels that JSW Steel may hit Rs 1230.
CNBC-TV18's analysts give you stocks to keep on your radar for trade today: The stocks that are likely to be under pressure are Lupin, Chambal Fertiliser, Tree House Education, United Breweries and Bajaj Auto while the stocks that are likely to gain are Wipro, Pfizer, Spicejet, Eveready, Indian Hume, Tata Motors and Tech Mahindra.
Sudarshan Sukhani of s2analytics.com recommends buying Adani Ports and Dabur India.
Ashwani Gujral of ashwanigujral.com recommends buying Voltas and advises selling Crompton Greaves and Idea Cellular.
Ashwani Gujral of ashwanigujral.com recommends selling Voltas and feels that Idea Cellular will head below Rs 100.
Krish Subramanyam of Altamount Capital recommends selling Bata India and feels that Idea Cellular may test Rs 100.
Ashwani Gujral of ashwanigujral.com recommends selling DLF, SBI and HPCL.
Ashwani Gujral, Fund Manager at ashwanigujral.com recommends selling Mindtree and advises buying NTPC and Ceat.
Rajat Bose of rajatkbose.com recommends buying Idea Cellular and Eicher Motors and advises selling Britannia Industries.
Rajat Bose of rajatkbose.com is of the view that Idea Cellular may head higher and test Rs 107.
Ashish Kyal of wavesstrategy.com advises buying TV today Network with a target of Rs 342.