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
Ruchit Jain of Angel Broking advises buying Reliance Capital with a target of Rs 474.
Vishal Malkan of malkansview.com is of the view that oen may buy Engineers India with a target of Rs 325.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities is of the view that one can buy Glenmark Pharma, Cummins India, Tata Motors and Exide Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Biocon and Indraprastha Gas and advises selling Union Bank of India, Bharat Financial Inclusion and Just Dial.
Jay Thakkar of Sharekhan is of the view that one may buy Tata Global Beverage with a target of Rs 130.50.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Biocon and Mindtree and sell Havells India.
According to Sandeep Wagle of powermywealth.com, one can buy Biocon and UCO Bank and sell Havells India.
Sandeep Wagle of powermywealth.com recommends buying Biocon and Cummins India and advises selling Union Bank of India.
Mitesh Thacker of miteshthacker.com recommends selling Biocon and Coal India.
Vijay Chopra of enochventures.com is of the view that one may buy Aban Offshore with a target of Rs 270.
Vijay Chopra of enochventures.com is of the view that one may buy IDBI Bank with a target of Rs 75.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HDFC and Bajaj Finance and buy Biocon.
Ashwani Gujral of ashwanigujral.com recommends buying Engineers India, Bharat Forge, Vedanta, Biocon and Indraprastha Gas.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Bharti Airtel and MRF and advises selling Biocon.
Ashish Kyal of Waves Strategy Advisors advises buying Grasim Industries with a target of Rs 930.
Ruchit Jain of Angel Broking is of the view that one may buy Siemens with a target of Rs 1170.
Shahina Mukadam of Equityrush is of the view that one may buy State Bank of India (SBI) with a target of Rs 268.
Sandeep Wagle of powermywealth.com recommends buying Ceat, Biocon and Welspun Corp.
According to Mitesh Thacker of miteshthacker.com, one can buy Bharti Airtel and Idea Cellular and sell Marico.
Ashwani Gujral of ashwanigujral.com recommends buying Bharti Airtel, Ceat, Biocon, GMDC and Adani Ports.
Ruchit Jain of Angel Broking is of the view that one may buy Godrej Industries with a target of Rs 401.
According to Mitesh Thacker of miteshthacker.com, one may buy Biocon and Eicher Motors.
Ashwani Gujral of ashwanigujral.com advises buying Biocon, Maruti Suzuki and Bharat Financial Inclusion.
Vishal Malkan of malkansview.com is of the view that one may buy Biocon with a target of Rs 910.
According to Jay Thakkar of Sharekhan, one may sell ONGC with a target of Rs 258.10.