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
According to Hemant Thukral of Aditya Birla Money, ICICI Bank may test Rs 375-385.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints as the stock may move higher.
CLSA also feels that decline in oil prices may also help in lowering the freight costs for the industry. It sees Asian Paints and HUL as the key beneficiaries where oil derivatives form almost 40-45 percent of the input base.
Pritesh Mehta, Senior Technical Analyst of IIFL is of the view that one may buy Asian Paints.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Asian Paints on corrections.
Sudarshan Sukhani of s2analytics.com recommends buying Hindustan Unilever and Asian Piants.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Asian Paints for long term.
CK Narayan, Managing Director of Growth Avenues is of the view that one may prefer Asian Paints.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Lupin, Asian Paints and BPCL.
Dhananjay Sinha, Head-Institutional Research at Emkay Global Financial Services prefers TVS Motor, L&T, SKS Micro and JK Lakshmi Cement.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints with a view of six months.
Kunal Saraogi of Equityrush recommends buying IFCI for a target price of Rs 41 and Asian Paints.
Dharmesh Kant of India Nivesh Securities recommends buying Capital First with a target at Rs 370 and DCB Bank with a target at Rs 120.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints on dips.
Gaurav Bissa, Derivatives Analyst at LKP Securities feels that Asian Paints may add 7-8 percent from current level.
Prakash Diwan of Altamount Capital says the company will have to take a pause at around Rs 765-770 despite demand recovery and benign raw material prices. "Till the time the impact of demand recovery is not seen or felt on the sales side, it doesn‘t justify buying," he told CNBC-TV18.
Here are top 10 stocks to focus on November 28 - HPCL, Asian Paints, SKS Micro, Bharti Airtel, Idea, Future Retail, Essar Oil, Astrazeneca, DLF and Just Dial.
Jitendra Panda, MD & CEO at Peerless Securities recommends buying Asian Paints and Tata Power.
Meghna Malkan of malkansview.com recommends selling YES Bank for a target price of Rs 655 and Union Bank for a target price of Rs 190.
Jitendra Panda, MD & CEO at Peerless Securities recommends buying Tata Power and Asian Paints and advises selling DLF and Jaiprakash Associates.
AK Prabharkar, Independent Advisor recommends buying Petronet LNG for a target price of Rs 216 and Reliance Capital for a target price of Rs 575.
Manav Chopra of Nirmal Bang advises buying SKS Microfinance with a target of Rs 360 and IRB Infrastructure Developers with a target of Rs 270.
Kunal Bothra of LKP Securities is of the view that Asian Paints may touch Rs 735-740.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Asian Paints.
Pritesh Mehta of IIFL is of the view that Asian Paints may test Rs 750.