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
Shubham Agarwal of Motilal Oswal Securities is of the view that Ashok Leyland may test Rs 100.
Prakash Gaba of prakashgaba.com is of the view that one can go long in TV18 Broadcast as the stock may test Rs 49.50.
Sharmila Joshi of Fairwealth Securities advises selling Adani Ports with a target of Rs 230.
Rajesh Agarwal of Aum Capital feels that Ashok Leyland may move to Rs 110-115.
Rahul Shah of Motilal Oswal recommends buying Reliance Infra 600 Put, Ashok Leyland and Pidilite Industries.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities is of the view that one can buy GAIL India for a target of Rs 380.
Shubham Agarwal of Motilal Oswal Securities is of the view that one can go long in Ashok Leyland with a target of Rs 100.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Ashok Leyland from the auto space.
Prakash Gaba of prakashgaba.com recommends buying Tata Motors and feels that one can pick Glenmark Pharma.
According to Gaurang Shah of Geojit BNP Paribas Financial Services, one may avoid Amtek Auto and prefer Dish TV.
Here are top 10 stocks to watch for today - BPCL, HPCL, IOC, Rel Infra, REC, Maruti, Hero Motocorp, Ashok Leyland, M&M, Tata Motors, SPARC, Cadila, IDBI Bank, IL&FS Transportation, Siti Cable, GM Breweries, Minda Industries, Spicejet, Arvind Infra and Kesoram Industries.
Krish Subramanyam of Altamount Capital advises buying Godrej Industries with a target of Rs 390.
Sharmila Joshi of sharmilajoshi.com is of the view that one may remain invested in Ashok Leyland.
Krish Subramanyam of Altamount Capital advises buying Alembic with a target of Rs 50.50.
Krish Subramanyam of Altamount Capital advises buying HCL Infosystems with a target of Rs 66.
Sudarshan Sukhani of s2analytics.com advises buying Ashok Leyland and Hero Motocorp.
Vijay Chopra of enochventures.com feels that Ashok Leyland may test Rs 120.
Rahul Shah of Motilal Oswal advises buying Ashok Leyland.
Rakesh Bansal of RK Global advises buying Ashoka Buildcon with a target of Rs 212.
Shubham Agarwal of Motilal Oswal Securities expects Ashok Leyland to move to Rs 95.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may look at Ashok Leyland.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Shriram Transport Finance Corporation.
Manish Sharma of Derivative Trading Research advises buying Voltas with a target of Rs 295.
Ambareesh Baliga, Independent Market Expert is of the view that one can buy Ashok Leyland at around Rs 88-90.