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 Future Retail may hit Rs 170 while DCB Bank Rs 120 may test Rs 120.
Sandeep Wagle of powermywealth.com is of the view that one can exit Amtek Auto.
Ashish Kyal of wavesstrategy.com is of the view that one may avoid Amtek Auto.
According to Gaurang Shah of Geojit BNP Paribas Financial Services, one may avoid Amtek Auto and prefer Dish TV.
Manas Jaiswal of manasjaiswal.com recommends buying Amtek Auto and Bata India.
SP Tulsian of sptulsian.com has a positive view on Amtek Auto, Motherson Sumi Systems and Bharat Forge.
Mayuresh Joshi of Angel Broking has a neutral view on Amtek Auto.
SP Tulsian of sptulsian.com is of the view that one can look at Amtek Auto with a target of Rs 62-63 in next six months.
SP Tulsian of sptulsian.com expects Amtek Auto to move to Rs 62 in next six months.
Prakash Diwan of prakashdiwan.com is of the view that one may look at Gabriel India.
According to Sudarshan Sukhani of s2analytics.com, one can go long in South Indian Bank.
SP Tulsian of sptulsian.com has a positive view on Amtek Auto and feels that one can look for gain of 40-50 percent.
Shubham Agarwal of Motilal Oswal Securities is of the view that IFCI can extend to Rs 32-34.
Nooresh Merani of Analyse India suggests exiting Amtek Auto.
According to Vishal Malkan of malkansview.com, one may hold Amtek Auto and exit Rajesh Exports.
Meghana V Malkan of malkansview.com suggests exiting Amtek Auto.
Siddarth Bhamre, Head Equity Derivatives at Angel Broking recommends going long in Jindal Steel & Power as the stock may bounce back to Rs 79-80.
Dharmesh Kant of India Nivesh Securities advises buying Jet Airways with a target of Rs 399.
Mayuresh Joshi of Angel Broking likes MM Forgings from auto ancillary space.
Ashish Kyal of wavesstrategy.com recommends buying Bajaj Holdings and Dishman Pharma and advises selling Amtek Auto.
Manish Sharma of Destimoney Securities advises buying Amtek Auto with a target of Rs 144.
Sudarshan Sukhani of s2analytics.com is of the view that Amtek Auto is an appropriate short candidate.
Sudarshan Sukhani of s2analytics.com advises buying auto ancillary stocks on dip.
Sudip Bandopadhyay of Destimoney Securities likes Ramkrishna Forgings and Mahindra CIE and recommends Motherson Sumi Systems with a one year time horizon.
Sudarshan Sukhani of s2analytics.com recommends buying Amtek Auto, Bajaj Auto and NTPC.