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
Sandeep Wagle of powermywealth.com is of the view that one can sell M&M Financial Services and Reliance Infra and buy Wipro.
Mitessh Thakkar of miteshthacker.com suggests seling Torrent Power and advises buying Wipro.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Power Finance Corporation and Wipro and can sell BEML.
From Wipro to Mahindra and Mahindra Financial Services, a look at what is on the radar of brokerage houses on Wednesday.
During a period where the market is creating whipsaws within the trading band of 200 points, the current rally would gain credence only on a convincing move above 9,160. Here is a list of top five stocks to buy based on various technical parameters
Mitessh Thakkar of miteshthacker.com recommends buying Colgate Palmolive and Wipro.
In an interview to CNBC-TV18's Latha Venkatesh and Sonia Shenoy, Sanjiv Bhasin of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Wipro and can sell Bosch.
Gaurav Bissa of LKP Securities suggests buying Bharti Infratel and Wipro.
Mitessh Thakkar of miteshthacker.com recommends buying Wipro and Cadila Healthcare.
Prakash Gaba of prakashgaba.com advises buying Cadila Healthcare on dips.
Sudarshan Sukhani of s2analytics.com recommends selling Apollo Tyres and JSW Steel and advises buying Tech Mahindra.
Mitessh Thakkar of miteshthacker.com recommends selling Colgate Palmolive and Wipro and advises buying Idea Cellular and ICICI Bank.
Nomura maintains buy call on Maruti with target price increased to Rs 6922 from Rs 6576 per share. It has raised volume estimated by 6 percent/ 5 percent/ 4 percent for FY17/18/ 19 on lower demonetisation impact. It sees a strong volume CAGR of 13 percent over FY17-19.
Sandeep Wagle of powermywealth.com suggests buying Apollo Hospitals and Adani Ports and advises selling Wipro.
Krish Subramanyam of Altamount Capital recommends buying Oil and Natural Gas Corporation and Wipro.
According to VK Sharma, Head of Business, Private Client Group at HDFC Securities, one can buy Wipro 490 Call and UPL 700 Call.
In an interview to CNBC-TV18 Abhimanyu Sofat of IIFL shared his reading and outlook on the market.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Axis Bank and Wipro and sell India Cements.
Prakash Gaba of prakashgaba.com advises buying Wipro on declines.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer IT stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Hindalco Industries and sell Voltas and Wipro.
According to Sandeep Wagle of powermywealth.com, one can sell Ambuja Cements and NMDC and buy Wipro.
Vishal Malkan of malkansview.com is of the view that one may buy Bank of India with a target of Rs 130.
In an interview to CNBC-TV18, Kunj Bansal of Centrum Wealth Management shared his readings and outlook on specific stocks and sectors.