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
Rahul Mohindar of viratechindia.com recommends buying Adani Ports and Special Economic Zone at the current levels and feels that the stock may touch Rs 175-180.
SP Tulsian of sptulsian.com is of the view that one may buy Cipla with a target of Rs 377 and sell Tata Steel with a target of Rs 359.
Aditya Agarwal of Way2wealth advises buying Mcleod Russel (India) with a target of Rs 265-268 and IDBI Bank with a target of Rs 60.
Prakash Diwan of Altamount Capital Management advises going long in Suzlon Energy for a target price fo Rs 11.90 and Bharat Forge for a target price of Rs 349.
According to Rajeev Agarwal of dynamixresearch.com, one may sell Adani Ports and Special Economic Zone with a target of Rs 132-125 and Grasim Industries with a target of Rs 2460-2350.
SP Tulsian of sptulsian.com is of the view that one may prefer Adani Port and Special Economic Zone.
SP Tulsian of sptulsian.com recommends going long in Adani Enterprises with a target of Rs 247 and advises selling Power Finance Corporation with a target of Rs 147.
SP Tulsian of sptulsian.com feels that Adani Ports and Special Economic Zone may move to Rs 163-164 in this series.
Ajay Bodke, Head - Investment Strategy & Advisory at Prabhudas Lilladher is positive on Adani Ports and Special Economic Zone.
Sudarshan Sukhani of s2analytics.com recommends buying Adani Ports and Special Economic Zone at the current levels.
According to Krish Subramanium of Asit C Mehta Invst Intermediates, one may buy Finolex Cables for a target of Rs 81 and TV Today Network for a target of Rs 126.
Vishal Malkan of malkansview.com advises buying Divis Labs for a target price of Rs 1,195 and YES Bank for a target price of Rs 415.
Shrikant Chouhan of Kotak Securities suggests buying Karnataka Bank with a target of Rs 115-118 and Adani Ports with a target of Rs 180-185.
Meghna Malkan of malkansview.com recommends buying Tech Mahindra with a target of Rs 1720 and Crompton Greaves with a target of Rs 123.
Meghna Malkan of malkansview.com advises buying Larsen and Toubro for a target price of Rs 1040 and Adani Ports for a target price of Rs 169.
Hemant Thukral of Aditya Birla Money recommends buying Adani Ports and Special Economic Zone as the stock may touch Rs 165-166 keeping a stoploss at Rs 145.
Ajay Bodke of Prabhudas Lilladher is of the view that Adani Ports and Special Economic Zone may touch Rs 180 in the next one year.
Deven Choksey, MD of KR Choksey Shares and Securities is of the view that one can prefer Adani Ports and Special Economic Zone. He advises to add Jain Irrigation Systems and IDFC from the midcap space in the portfolio.
SP Tulsian of sptulsian.com recommends buying Ambuja Cements with a target of Rs 199 and Tata Power Company with a target of Rs 83.
Sudarshan Sukhani of s2analytics.com suggests buying ITC and ONGC.
Vikas Khemani of Edelweiss Securities is of the view that Reliance Industries, Larsen and Toubro (L&T), Zee Entertainment Enterprises and Adani Port are looking good from long term perspective.
Buy Adani Ports and Special Economic Zone, says SP Tulsian of sptulsian.com. "The stock can test Rs 150 till the expiry," he adds.
According to Prakash Diwan of Altamount Capital Management, one may go long on Reliance Power with a target of Rs 74.25 and Dhanlaxmi Bank with a target of Rs 42.85.
Vishal Jajoo of Nirmal Bang recommends buying Colgate Palmolive with a target price of Rs 1275 and Delta Corp with a target price of Rs 74.50.
According to Vishal Malkan of malkansview.com, one may buy Jaiprakash Power Ventures with a target of Rs 14.50 and Century Textiles for a target of Rs 237.