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
Mitessh Thakkar of miteshthacker.com recommends selling Voltas and Can Fin Homes.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT Technologies and Uflex and can sell Voltas.
Post an analysts call by the firm, brokerages highlighted the weak industry trends, but also said that the stock’s peak multiples could sustain as well.
ICICI Pru, Voltas and Idea, among others are on the radar of investors on Friday.
Ashwani Gujral of ashwanigujral.com recommends buying India Cements, Voltas and Escorts.
Gaurav Bissa of LKP Securities is of the view that one can buy Apollo Hospitals and Voltas and can short Bharti Infratel.
According to Sudarshan Sukhani of s2analytics.com, one can buy Bharat Forge, BPCL and Voltas and hold HDFC Bank while he advises exiting Engineers India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GSFC and Engineers India and sell Voltas.
Prakash Gaba of prakashgaba.com is of the view that 9860 is a crucial support to deal with and the logical target is 9965-10005 zone. The crucial support for Nifty is at 9860 and the resistance is at 9965. Bank Nifty on the other hand has support at 24250 and resistance at 24511-24670.
Ashwani Gujral of ashwanigujral.com suggests buying ACC, L&T Finance Holdings and Voltas.
Ashwani Gujral of ashwanigujral.com suggests buying ICICI Prudential Life Insurance, Voltas and Yes Bank.
Mitessh Thakkar of mitesshthakkar.com advises buying Grasim Industries and Voltas.
Ashwani Gujral of ashwanigujral.com recommends buying Titan Company, BEML and Voltas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Voltas and Bharat Forge and sell Sun TV Network.
Motilal Oswal has maintained a cautious view on the stock given threat to margins driven by increasing competition in the room air conditioner segment, industry convergence to inverters where Voltas has weak share and rating change in January 2018.
According to CA Rudramurthy BV of Vachana Investments, one can buy Voltas and Bata India and sell Suzlon Energy.
Mitessh Thakkar of mitesshthakkar.com suggests buying Voltas, M&M, Exide Industries, DCB bank and UPL.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts, Voltas and Bharat Petroleum Corporation.
Sandeep Wagle of powermywealth.com recommends buying Voltas and Indiabulls Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Voltas, Gruh Finance and IGL and can sell Punjab National Bank and Delta Corp.
Ruchit Jain of Angel Broking is of the view that one may buy Bharat Financial Inclusion with target of Rs 884.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Adani Enterprises and can sell Voltas and Bank of India.
Current, trend is likely to remain positive and expected to continue towards 9,900-9,950 levels.
Vishvesh Chauhan of Monarch Networth Capital advises buying Capital First with a target of Rs 790.
According to Prakash Gaba of prakashgaba.com, crucial support to watch would be 9850 and the resistance is at 9916-9969. On the other hand, Bank Nifty has support at 23750 and resistance at 24000-24300.