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
Sudarshan Sukhani of s2analytics.com recommends buying Bata India, Lupin and India Cements.
Amit Gupta of ICICIdirect recommends buying Bata India on declines with a target of Rs 1550.
Sudarshan Sukhani of s2analytics.com is of the view that one may see upside in Bata India.
Kunj Bansal of Centrum Wealth Management is of the view that Bata India is a good investment opportunity.
Pritesh Mehta, Senior Technical Analyst at IIFL recommends buying Bata India with a target of Rs 1400.
Amit Gupta of ICICIDirect is of the view that one may buy Bata India at current levels.
Gaurav Bissa of LKP Securities suggests buying CESC with a target of Rs 735 and Tata Global Beverage with a target of Rs 170.
Vishal Kshatriya of Edelweiss suggests buying Havells India with a target of Rs 330-340 and Asian Paints with a target of Rs 700.
VK Sharma of HDFC Securities is of the view that one can buy Jubilant Foodworks 1450 Call and Bata India 1300 Call.
Hemen Kapadia of KR Choksey Securities suggests buying Bata India with a target of Rs 1292 and Bharti Airtel with a target of Rs 396.
Here are top 10 stocks to keep an eye on November 7 - Ranbaxy, DLF, Bata, Cadila, Cummins, Ramco Cements, Ashok Leyland, Canara Bank, Escorts and HDFC Bank.
Manav Chopra of Nirmal Bang recommends buying Bata India for a target price of Rs 1310 and IRB Infra for a target price of Rs 260.
VK Sharma - Head Private Broking & Wealth Management at HDFC Securities recommends buying Bata futures.
Manav Chopra of Nirmal Bang recommends buying Dabur India for a target price of Rs 220 and Bata India for a target price of Rs 1310.
Hemen Kapadia of KR Choksey Securities advises buying Jain Irrigation Systems with a target of Rs 85 and Century Textiles and Industries with a target of Rs 545.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Bata India.
Vishal Kshatriya, Edelweiss advises buying Cadila Healthcare for a target price of Rs 1,350 and Bata India for a target price of Rs 1,450.
Meghana V Malkan of malkansview.com suggests buying Federal Bank with a target of Rs 127-130 and Adani Enterprises with a target of Rs 535-547.
Sharmila Joshi, sharmilajoshi.com advises buying Sintex Industries for a target price of Rs 39.8 and VIP Industries for a target price of Rs 76.
Apollo Tyres has given a break down from the rising trend line and now with rupee becoming stronger this export is showing some pressure and can correct till Rs 118 on a lower side, says AK Prabharkar, Independent Advisor.
Rakesh Gandhi, independent technical analyst recommends buying Ashapura Minechem with a target of Rs 66.90 and Sintex Industries with a target of Rs 41.90.
Independent Technical Analyst, Rakesh Gandhi advises buying Bata India for a target price of Rs 1,124 and Godrej Industries for a target price of Rs 308.
Vishal Kshatriya of Edelweiss suggets buying HDFC Bank with a target of Rs 800 and Godrej Industries with a target of Rs 320.
Vishal Malkan of Malkansview recommends buying Indiabulls Real Estate with a target price of Rs 53 and Crompton Greaves with a target price of Rs 145.
Sudarshan Sukhani of s2analytics.com is of the view that Bata India may hit lifetime new highs.