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
According to Siddarth Bhamre of Angel Broking, one may go long in Apollo Tyres.
Sudarshan Sukhani of s2analytics.com advises shorting Apollo Tyres.
Sudarshan Sukhani of s2analytics.com recommends selling Apollo Tyres.
Rakesh Bansal, Vice President at RK Global suggests selling Apollo Tyres and JSW Energy.
Kunal Saraogi of Equityrush advises selling Union Bank of India with a target of Rs 138.
VK Sharma of HDFC Securities recommends buying Amara Raja Batteries 850 Put and Apollo Tyres 160 Put.
Krish Subramanyam of Altamount Capital advises buying Triveni Engineering with a target of Rs 41.
Prakash Gaba of prakashgaba.com recommends going long in Apollo Tyres.
Chandan Taparia of Anand Rathi Securities buying Indian Oil Corporation, Apollo Tyres and LIC Housing Finance.
Gaurang Shah of Geojit BNP Paribas Financial Services advises buying Eicher Motors on dips.
Chandan Taparia of Anand Rathi Securities advises buying Apollo Tyres 160 Call.
Gaurav Bissa of LKP Securities is of the view that one may buy Oil and Natural Gas Corporation with a target of Rs 240.
According to Sameet Chavan of Angel Broking, one may hold Apollo Tyres.
According to Siddarth Bhamre of Angel Broking, one may go long in Apollo Tyres.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Larsen and Toubro (L&T) with a target of Rs 1435.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Exide Industries with a target of Rs 150.
Gaurav Bissa of LKP Securities is of the view that one may buy Canara Bank, Titan Company and Apollo Tyres.
Simi Bhaumik of simibhaumik.com is of the view that one may buy NIIT Technologies with a target of Rs 624-630.
Nooresh Merani of Asian Market Sec recommends buying Apollo Tyres and Escorts.
Hemen Kapadia of KRChoksey Securities is of the view that one may buy UPL with a target of Rs 456.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid tyre stocks.
Manas Jaiswal of manasjaiswal.com recommends buying Apollo Tyres, JSW Energy and Syndicate Bank.
Gaurav Bissa of LKP Securities recommends going long in Apollo Tyres 200 Call.
Amit Harchekar of A Plus Analytics is of the view that one may short Apollo Tyres with a target of Rs 175.
Krish Subramanyam of Altamount Capital advises buying GMR Infrastructure with a target of Rs 14.25.