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
Dharmesh Kant of India Nivesh Securities recommends buying Alembic Pharmaceuticals with a target of Rs 215 and advises selling Century Textiles and Industries with a target of Rs 260.
Sharmila Joshi, Independent Analyst advises buying IRB Infrastructure for a target price of Rs 103 and Escorts for a target price of Rs 124.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India as the stock may head higher.
Nooresh Mirani of AMSEC Research recommends buying Voltas with a target of Rs 98 and NMDC with a target of Rs 140.
Meghna Malkan of malkansview.com advises buying Larsen and Toubro for a target price of Rs 1040 and Adani Ports for a target price of Rs 169.
Nooresh Mirani of AMSEC Research recommends buying Dabur India with a target of Rs 166 and Tata Chemicals with a target of Rs 290.
Meghna Malkan of malkansview.com recommends buying Bata India with a target of Rs 1085 and advises selling Bank of India (BOI) with a target of Rs 198.
Nooresh Merani of AMSEC Research advises buying Dabur India for a target price of Rs 166 and Tata Chemicals for a target price of Rs 290.
Vikrant Jadeja of Vibrant Trades suggests buying Gail India with a target of Rs 345 and Cadila Healthcare with a target of Rs 780.
Ashish Chaturmohta of Fortune Equity Broker is of the view that Bata India may test Rs 1080-1090.
Sudarshan Sukhani of s2analytics.com is of the view that Bata India may test Rs 1500.
Vishal Kshatriya, senior derivative and technical analyst at Edelweiss recommends selling Vijaya Bank and Bank of India (BOI) and advises going long in Bata India with a target of Rs 1080.
Varun Lohchab, Director, CIMB, says Dabur reported good September quarter numbers, both in terms of sales as well as profit growth. He is also positive on Marico, and added it is the only stock that it has upgraded in the last 12 months.
Varun Lohchab, Director at CIMB is of the view that one may buy Bata India. "Their numbers were also quite good. Given the environment, they did good topline growth and margins surprised positively," he reasoned.
Vishal Malkan of malkansview.com recommends buying Bata India with a target of Rs 990 and advises selling Aditya Birla Nuvo with a target of Rs 1140.
Vishal Malkan of malkansview.com advises selling Aditya Birla Nuvo November future for a target price of Rs 1140 and JSW Steel November future for a target price of Rs 820.
Gaurav Ratnaparkhi of Sharekhan suggests buying Havells India with a target of Rs 775 and ITC with a target of Rs 335.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India.
Manoj Murlidharan Vayalar of IIFL recommends going long on Bata India with a target of Rs 952 and a stoploss at Rs 932.
Vishal Jajoo of Nirmal Bang Securities advises buying IndusInd Bank with a target price of Rs 465 and Pidilite Industries with a target price of Rs 292.
According to Sudarshan Sukhani of s2analytics.com, one may buy Bata India as the stock may head higher.
Vishal Malkan of malkansview.com recommends buying Bata India with a target of Rs 925 and advises selling Indiabulls Real Estate October futures with a target price of Rs 60.
Vishal Malkan of malkansview.com advises selling Rural Electrification Corporation October future with a target price of Rs 184 and Indiabulls Real Estate October future with a target price of Rs 60.
Karvy has a long call on Bharti Airtel with a target between Rs 355 and Rs 365 and a stop loss at Rs 305.
Rakesh Gandhi, technical analyst and trader recommends buying United Spirits with a target of Rs 2720 and advises selling Reliance Infrastructure Futures with a target of Rs 386.