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
Vishal Malkan of malkansview.com is of the view that one may buy Steel Authority of India with a target of Rs 47.
Kunal Bothra of LKP Securities is of the view that one may see 5-6% upside in PTC and feels that Bharat Bijlee may test Rs 900.
CA Rudramurthy BV of Vachana Investments advises buying Royal Orchid Hotels with a target of Rs 95.
VK Sharma of HDFC Securities recommends buying Larsen and Toubro 1100 Call and JSW Steel 1040 Call.
Bhavin Desai of Motilal Oswal Securities feels that Arvind may move up to Rs 330.
Vijay Chopra of enochventures.com advises selling Mindtree with a target of Rs 1450.
Rajat Bose of rajatkbose.com is of the view that below Rs 80, Sintex Industries may test Rs 65.
Lochab expects HUL's topline to grow 4.5 percent year-on-year in the December quarter, and operating profits by 7 percent.
Chandan Taparia of Anand Rathi Securities recommends buying Colgate palmolive, Voltas and Arvind and advises selling JSPL.
Sharmila Joshi of Fairwealth Securities advises selling Adani Port with a target of Rs 226.
JK Jain of Karvy Stock Broking is of the view that one can short Arvind and Jindal Steel & Power.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Godrej Properties with a target of Rs 335.
Prakash Gaba of prakashgaba.com is of the view that BHEL may slide to Rs 145 and advises shorting Arvind on rally.
SP Tulsian of sptulsian.com is of the view that one can stay away from Arvind and expects correction in the stock in the next couple of days.
Ashish Kyal of wavesstrategy.com is of the view that one may avoid Amtek Auto.
Bhavin Desai of Motilal Oswal Securities suggests buying Arvind with a target of Rs 365.
Krish Subramanyam of Altamount Capital advises buying HCL Infosystems with a target of Rs 66.
Amit Gupta of ICICIdirect feels that Arvind may move to Rs 358.
Prakash Gaba of prakashgaba.com is of the view that Oil and Natural Gas Corporation may test Rs 240.
Sameet Chavan of Angel Broking advises selling Godrej Industries with a target of Rs 372.
Ashish Kyal of wavesstrategy.com suggests buying Berger Paints, Arvind, Tata Elxsi and advises selling CESC.
Shubham Agarwal of Motilal Oswal Securities feels that Arvind may touch Rs 350.
Hemen Kapadia of KR Choksey Securities recommends buying Canara Bank with a target of Rs 248 and BHEL with a target of Rs 173.
Nooresh Merani of Asian Market Securities recommends buying Arvind and NOCIL.
Sudarshan Sukhani of s2analytics.com recommends going long in Arvind.