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 India Cements, JSPL and Voltas and can buy PC Jeweller, Rupa & Company and Jubilant Life Sciences.
Bharat Forge, Dish TV and Axis Bank, among others, are being tracked by investors on Wednesday.
Jay Thakkar of Anand Rathi Securities is of the view that one may sell Hindustan Zinc Future with a target of Rs 290.7.
We continue to remain positive as long as 10,000 is sustained on the Nifty and the current correction can be utilised to enter into fresh long positions, says Rahul Sharma, Head – Technical & Derivatives Strategy at Centrum Broking.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Rupa and Company.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Natco Pharma and Jubilant Life Sciences and sell IRB Infrastructure, Tata Steel and Voltas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NBCC and sell Voltas and ICICI Bank.
Voltas, Alkem Labs, among others, are being tracked by investors on Thursday.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell ACC, Axis Bank, Dabur India and Tata Motors and can buy Bosch.
Sandeep Wagle of powermywealth.com suggests buying TVS Motor Company and Voltas.
The global investment bank remains Overweight (OW) on auto parts and two-wheelers (2Ws) such as Eicher Motors.
Sumeet Jain of Destimoney Securities is of the view that one may buy Idea Cellular with a target of Rs 109.
A Large part of the rally was driven by short coverings after Moody’s upgrade tilted the sentiment in favour of bulls. The rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to 'Baa3' in 2004. In 2015, the rating outlook was changed to 'positive' from 'stable'.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Maruti Suzuki, Voltas, Infosys, L&T Finance Holdings and United Spirits.
Mitessh Thakkar of miteshthacker.com recommends selling HDFC Bank below Rs 1790 with stop loss of Rs 1806 for target of Rs 1755 and a sell on Marico with a stop loss of Rs 305 for target of Rs 285. He has a buy on V-Guard Industries with a stop loss of Rs 220 for target of Rs 250.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Cummins India and buy Power Finance Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries, UltraTech Cement, Bata India, Dewan Housing Finance, Just Dial and Prestige Estates.
Mitessh Thakkar of miteshthacker.com has a buy on Amar Raja Batteries with a stop loss of Rs 713 for target of Rs 765 and a sell on ITC with a stop loss of Rs 265 for target of Rs 251 and a sell also on ACC with a stop loss of Rs 1774 for target of Rs 1730.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Mahindra & Mahindra Financial Services and buy Sun Pharmaceutical Industries, Tata Steel, Voltas and Page Industries.
Here's why Anand Rathi picks Voltas, Deepak Nitrite, and Bharat Forge.
Jay Thakkar of Anand Rathi Securities is of the view that one may sell RBL Bank Future with a target of Rs 506.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Infra and Jet Airways and buy Voltas.
According to Mitessh Thakkar of mitesshthakkar.com, one may buy Ashok Leyland and Coal India.
According to Ashwani Gujral of ashwanigujral.com, one may buy Adani Transmission.
According to Amit Gupta of ICICI Direct, 490 Call can be written in BPCL.