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
Phani Sekhar of Angel Broking is of the view that one may hold on to Arvind. "One can stay on in Arvind for some more time, but I don‘t think that over a really long period of time one can make wealth in textile business," he elaborated.
Kunal Bothra of LKP recommends buying Finolex Cables for a target of Rs 78 and Indiabulls Housing Finance for a target of Rs 228.
Kunal Bothra of LKP Shares advises buying Finolex Cables for a target price of Rs 78 and Indiabulls Housing Finance for a target price of Rs 228.
Rakesh Gandhi, Technical analyst & trader recommends buying Arvind with a target of Rs 125 and advises selling United Breweries Futures with a target of Rs 721.
Vishal Malkan of malkansview.com recommends buying Arvind with a target of Rs 128 and Idea Cellular with a target of Rs 170.
Lancelot D Cunha of ITI Wealth Management advises buying Glenmark Pharma for a target price of Rs 504.90 and SKS Microfinance for a target price of Rs 150.
Sudarshan Sukhani of s2analytics.com suggests buying Arvind on every dip.
According to Vishal B Malkan of malkansview.com, Arvind may test Rs 140 in the next 3-4 weeks.
Rakesh Gandhi, technical analyst & trader recommends buying Divis Laboratories keeping a stoploss at Rs 1080 and Arvind for a target of Rs 119.
Vishal Malkan of malkansview.com advises buying Apollo Tyres for a target price of Rs 78 and Divis Labs for a target price of Rs 1125.
Rakesh Gandhi, technical analyst and trader recommends buying Arvind with a target iof Rs 119.75 and advises selling Oriental Bank of Commerce Futures with a target of Rs 175.25.
Vishal Malkan of malkansview.com recommends buying Arvind with a target of Rs 119 and Century Textiles and Industries with a target of Rs 300.
Vishal Malkan of malkansview.com advises buying Arvind for a target price of Rs 119 and Century Textiles for a target price of Rs 300.
Meghna Malkan of malkansview.com suggests buying HCL Technologies with a target of Rs 1142 and Arvind with a target of Rs 118.
According to Shahina Mukadam of Varun Capital, one may sell Arvind with a target of Rs 103 and Indraprastha Gas with a target of Rs 277.
Manav Chopra of Nirmal Bang advises buying CESC for a target price of Rs 405 and SREI Infrastructure for a target price of Rs 24.2.
According to Dharmesh Kant of India Nivesh Securities, one may buy Tech Mahindra with a target of Rs 1,590 and advises selling Housing Development and Infrastructure (HDIL) with a target of Rs 39.
Vishal Jajoo of Nirmal Bang Securities advises buying IndusInd Bank with a target price of Rs 465 and Pidilite Industries with a target price of Rs 292.
Dharmesh Kant of India Nivesh Securities recommends buying Arvind with a target of Rs 120 and YES Bank with a target of Rs 390.
Meghana Malkan of malkansview.com advises buying Asian Paints for a target price of Rs 540 and Divis Labs for a target price of Rs 1010.
Sudarshan Sukhani of s2analytics.com is of the view that the short term investor may sell Arvind.
Manav Chopra of Nirmal Bang recommends buying Bharat Forge with a target of Rs 284 and advises selling LIC Housing Finance October Futures.
Manav Chopra of Nirmal Bang advises buying Bharat Forge with a target price of Rs 284 and NHPC with a target price of Rs 19.50.
Shahina Mukadam of Varun Capital advised buying Hindalco Industries with a target price of Rs 115 and SAIL with a target price of Rs 49.
Aditya Agarwal of Way2Wealth Securities suggests buying Bharti Airtel with a target of Rs 320 and Arvind with a target of Rs 84.