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
Gaurav Bissa of LKP Securities is of the view that Ashok Leyland may test Rs 100.
Meghana V Malkan of malkansview.com recommends selling Ashok Leyland with a target of Rs 84 and Just Dial with a target of Rs 934.
Kunal Bothra of LKP Securities is of the view that one may look at Fortis Healthcare and Ashok Leyland.
Dharmesh Kant of India Nivesh Securities advises buying Canara Bank with a target of Rs 310.
Vishal Malkan of malkansview.com suggests exiting Motherson Sumi Systems.
According to Vishal Malkan of malkansview.com, one may pick Ashok Leyland and advices holding SAIL.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Hexaware and Sun TV Network.
Rakesh Bansal of RK Global recommends buying DLF with a target of Rs 140 and Ashok Leyland with a target of Rs 93.
Sacchitanand Uttekar of Motilal Oswal Financial Services is of the view that Ashok Leyland may test Rs 99.
Chandan Taparia of Anand Rathi Securities recommends buying Ashok Leyland 90 Call and sell 100 Call.
According to Gautam Trivedi, MD & CEO of Religare Capital Markets, Maruti Suzuki India, Tata Motors and Ashok Leyland are the top picks from the auto space and so is Shemaroo.
Jay Thakkar of Sharekhan advises buying Sterlite Technologies with a target of Rs 88.20.
Manish Sharma of Destimoney Securities is of the view that one may buy Colgate Palmolive with a target of Rs 2015.
Manish Sharma of Destimoney Securities advises selling Bharat Electronics with a target of Rs 3150.
Sudarshan Sukhani of s2analytics.com says markets are in the trading range, which might hurts traders.
Manav Chopra of Networth Stock Broking advises buying LIC Housing Finance with a target of Rs 450.
According to Nooresh Merani of Analyse India, one may stay invested in Ashok Leyland.
Shubham Agarwal of Motilal Oswal Securities is of the view that one may prefer Amara Raja Batteries, Ashok Leyland and Dish TV.
Sharmila Joshi, Market Expert advises buying KS Micro with a target of Rs 450.
Mayuresh Joshi of Angel Broking is of the view that one can accumulate Ashok Leyland.
Meghana V Malkan of malkansview.com is of the view that one may look at Tata Chemicals, Ashok Leyland and Voltas.
Meghana V Malkan of malkansview.com suggests exiting Amtek Auto.
Sudarshan Sukhani of s2analytics.com recommends buying Ashok Leyland and Maruti Suzuki India and advises selling United Breweries.
Sudarshan Sukhani of s2analytics.com is of the view that one can look at Ashok Leyland as a buying opportunity.
Sudarshan Sukhani of s2analytics.com is of the view that Ashok Leyland, UPL and Sun TV are intraday trades and feels that there is opportunity Siemens.