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 Berger Paints with a long term view.
Amit Khurana, Co- Head Equities & Head of Research at Dolat Capital Market is of the view that one may prefer Berger Paints and Asian Paints.
Bharat Forge has doubled from lower levels in the last one year. In the last few weeks it has been tiring but some profit booking in the stock ahead of result is possible. Bharat Forge is a sell with a very small stop loss, says AK Prabhakar, Independent Advisor.
Vishal Malkan of malkansview.com advises buying YES Bank for a target price of Rs 374 and Aurobindo Pharma for a target price of Rs 450.
Jigar Shah, Senior VP & HoR at Kim Eng Sec advises buying paint stocks on correction.
According to Vikrant Jadeja of vibranttrades.com, one may buy Housing Development Finance Corporation (HDFC) with a target of Rs 870 and Oil and Natural Gas Corporation (ONGC) with a target of Rs 300.
Mayuresh Joshi of Angel Broking advises to prefer Asian Paints on declines.
Vishal Kshatriya of Edelweiss Securities suggests buying Tata Global Beverage with a target of Rs 175 and Sesa Sterlite with a target of Rs 200-205.
Kunal Bothra of LKP recommends buying Godrej Industries with a target of Rs 280 and Adani Enterprises with a target of Rs 163.
Shahina Mukadam of Varun Capital advises buying Exide Industries with a target price of Rs 139 and LIC Housing Finance with a target price of Rs 219.
Shardul Kulkarni, Angel Broking advises selling Bank of India September Future with a stoploss at Rs 174 and IDFC with a stoploss at Rs 99.
According to SP Tulsian of sptulsian.com, Berger Paints and Asian Paints have room for appreciation by about 5-8 percent in next one month.
One may go long on IRB Infrastructure Developers. The cash flow from existing toll projects are good and all in all if the market stabilizes this stock could give decent short-term return, says Pankaj Jain of Sunteck Welathmax.
Sharmila Joshi of Peerless Securities advised buying Dabur India with a target price of Rs 175 and LIC Housing Finance with a target price of Rs 190.
Pritesh Mehta of IIFL recommends buying Berger Paints with a target of Rs 225.
Sudarshan Sukhani of s2analytics.com recommends buying Berger Paints on dips with a target of Rs 250-260.
Prakash Diwan of Altamount Capital Management recommends going long on IRB Infrastructure with a target of Rs 69.50 and Jain Irrigation Systems with a target of Rs 51.50.
Sharmila Joshi of Peerless Securities advised selling Aurobindo Pharma August future with a target price of Rs 170 and Apollo Tyres August future with a target price of Rs 61.5.
SP Tulsian of sptulsian.com recommends buying Asian Paints and Berger Paints with a view of 3-6 months. He expects a return of 10-12 percent in these stocks.
Sharmila Joshi of Peerless Securities recommends buying Berger Paints with a target of Rs 248 and advises to also buy Rolta India with a target of Rs 62.50.
Sharmila Joshi of Peerless Securities recommends buying Berger Paints with a target price of Rs 248 and Rolta India with a target price of Rs 62.50.
Vishal Malkan of malkansview.com advices buying Sun Pharmaceutical Industries with a target of Rs 1065-1075 and recommends buying Reliance Capital for targets of Rs 385 and Rs 390.
Sudarshan Sukhani of s2analytics.com recommends buying Berger Paints. "One can see new highs in the stock," he adds.
Asian Paints and Berger Paints are the preferred bets from paint space, says SP Tulsian of sptulsian.com. He think that as Berger Paints corrected can again give a return of about 5 to 7 percent in the next one week.
Lancelot D Cunha of ITI Wealth Management is bullish on Bajaj Finserv, United Spirits and Berger Paints and recommended buying the stocks.