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
Sameet Chavan of Angel Broking advises selling NCC with a target of Rs 77.
Prakash Diwan of Altamount Capital Management recommends buying Tata Motors at the current level.
The buyback program looks impressive and much better than expectations, the company has already done a buyback of Rs2500 crore last year, says Sanjeev Hota.
Sandeep Wagle of powermywealth.com recommends buying UPL and Wipro.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Engineers India, NMDC and Deepak Fertiliser and can sell Godfrey Phillips and Mindtree.
Reliance and Wipro, among others are on the radar of investors on Friday.
Wipro declared its results for the quarter ended June 30 on Thursday which met D-Street estimates but guidance played a spoiler.
According to Vijay Chopra of enochventures.com, one may hold Wipro.
Rajat Bose of rajatkbose.com is of the view that one may hold Wipro.
Mitessh Thakkar of miteshthacker.com suggests buying Petronet LNG, Tata Global, Union Bank of India, Oriental Bank of Commerce and Mphasis.
Mitessh Thakkar of miteshthacker.com recommends buying Wipro and Coal India.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Wipro, Mahindra & Mahindra Financial Services and Tata Power and can sell Apollo Hospitals Enterprises and Bharat Heavy Electricals.
Morgan Stanley in its latest note on tactical ideas gives out a list of five names which they think could fall from current levels and some could well rise from here
ITC, Wipro, TCS and Titan, among others are being tracked by analysts on Tuesday.
Bata India, Wipro and Hindustan Petroleum Corp are on the radar of Reliance Securities
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bank of Baroda and Indiabulls Housing Finance and can buy Wipro.
Prakash Gaba of prakashgaba.com is of the view that crucial support for Nifty is at 9620-9560 and the resistance is at 9700-9724. On the other hand, Bank Nifty has support at 23530 while the Index has resistance at 23880.
Vijay Chopra of enochventure.com is of the view that one may hold Tata Motors as the stock may test Rs 530.
Ashwani Gujral of ashwanigujral.com bets on financials and avoid IT and pharma stocks. Buy JSPL and sell TCs and HDIL," he adds.
Rajat Bose of rajatkbose.com suggests buying Asian Paints, Motherson Sumi, Capital First and L&T Finance Holdings.
Mitessh Thakkar of mitesshthakkar.com recommends buying Tata Consultancy Services and Tech Mahindra.
Amit Gupta of ICICIdrect is of the view that one can buy Wipro 520 Call.
Gaurav Bissa of LKP Securities is of the view that one can buy ICICI Bank and Wipro and sell LIC Housing Finance.
Sandeep Wagle of powermywealth.com recommends buying Marico and ITC and is bullish on Tata Steel and Bank of Baroda while he advises selling UPL.
Mitessh Thakkar of mitesshthakkar.com suggests selling IGL, M&M Financial, BPCL and Aban Offshore and advises buying Wipro.