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 buy Voltas, Gruh Finance and IGL and can sell Punjab National Bank and Delta Corp.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Ashwani Gujral of ashwanigujral.com advises buying HDFC, V-Guard Industries and Indraprastha Gas.
Yes Bank, HDFC and Federal Bank, among others, are being tracked by investors on Thursday.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Yes Bank.
In an interview to CNBC-TV18's Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
According to Ashwani Gujral of ashwanigujral.com, one can buy ITC, Punjab National Bank, Yes Bank and Union Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Adani Transmission, Allahabad Bank, IIFL Holdings and Bata India.
Rajat Bose of rajatkbose.com is of the view that one may buy Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NBCC, Suprajit Engineering and L&T Finance Holdings.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank, Indiabulls Housing Finance, Aurobindo Pharma, Capital First and RBL Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Hindalco Industries, Yes Bank and Cholamandalam Investments.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
According to Prakash Gaba of prakashgaba.com, support for Nifty is at 9600 and the Index has resistance at 9724 while Bank Nifty has support at 23350 and resistance at 23650.
Yogesh Mehta of Motilal Oswal is of the view that one may buy Dish TV, Yes Bank and Colgate Palmolive.
Ashwani Gujral of ashwanigujral.com recommends buying Karnataka Bank, IDFC Bank and Yes Bank.
According to Chandan Taparia of Motilal Oswal Securities, one can buy LIC Housing Finance, Bharat Forge, Maruti Suzuki and Yes Bank.
Prakash Gaba of prakashgaba.com likes RBL Bank with target of Rs 525 and Yes Bank with target of Rs 1500.
At current market price, the stock trades at 2.3x FY19 P/ABV, attractive for a bank that has delivered more than 30 percent earnings CAGR in past 5 years and estimated to clock more than 30 percent over FY17-19, it feels.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma, Lupin, Asian Paints, Yes Bank, Balrampur Chini and BASF.
Research firm CIMB has retained an 'add' rating on Yes Bank expecting a 22 percent upside from the current level with a target price of Rs 1760 led by strong loan growth.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Yes Bank around Rs 1480 and can sell Ujjivan Financial Services.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank and Max Financial on dips and feels that Grasim Industries may test Rs 1220.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Manappuram Finance, Gruh Finance and Yes Bank.
Ashwani Gujral of ashwanigujral.com is of the view that Balkrishna Industries is the best tyre stock and may test Rs 1900 while RIL will probably move sideways around Rs 1,340-1,350 zone.