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
Manish Sharma of derivativetradingresearch is of the view that one may buy Voltas with a target of Rs 310.
Vishal Malkan of malkansview.com is of the view that one may buy Reliance Communications with a target of Rs 59.
Rahul Shah of Motilal Oswal is of the view that one can buy Indiabulls Housing Finance, Biocon and Ashok Leyland.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Biocon, Ashok Leyland and Idea Cellular.
Jay Thakkar of Sharekhan is of the view that one may buy Castrol India with a target of Rs 392.
Sudarshan Sukhani of s2analytics.com likes Biocon and feels that Rallis India is a good idea.
Ashwani Gujral of ashwanigujral.com recommends selling Maruti Suzuki and IndusInd Bank and advises buying UPL.
Ashwani Gujral of ashwanigujral.com recommends buying Mcleod Russel, Ceat and Reliance Infra.
Amit Gupta of ICICIdirect is of the view that one can buy Biocon on declines and short Cipla.
Ashwani Gujral of ashwanigujral.com recommends buying TCS, JSW Steel, Torrent Pharma and Ajanta Pharma.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Finance, Ajanta Pharma and Biocon.
Sandeep Wagle of powermywealth.com recommends buying Biocon, HPCL and Liberty Shoes and advises selling TVS Motor.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Biocon, Reliance Industries and HPCL.
Ashwani Gujral of ashwanigujral.com recommneds buying Bajaj Electric for a target of Rs 221.
Ruchit Jain of Angel Broking recommends buying Buy HCL Technologies with a target of Rs 885 and Hindustan Unilever with a target of Rs 910.
According to Hemen Kapadia of KRChoksey Securities, one may stay invested in Biocon.
Rakesh Bansal of RK Global advises buying NCC with a target of Rs 82.
Prakash Diwan of prakashdiwan.in is of the view that Balkrishna Industries may test Rs 900.
Ashish Kyal of wavesstrategy.com is of the view that one can buy L&T Finance Holdings with a target of Rs 69 and sell JSW Energy with a target of Rs 60.
Rakesh Bansal of RK Global recommends buying Siemens with a target of Rs 1140 and ITC with a target of Rs 348.
Amit Harchekar of A Plus Analytics recommends buying HeidelbergCement and Colgate Palmolive and advises shorting Biocon and IRB Infra.
Rajat Bose of rajatkbose.com is of the view that one can buy Vedanta, Hindalco Industries and Cairn India and feels that Biocon may hit Rs 453.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Asian Paints, Ajanta Pharma, Biocon and Britannia Industries.
Chandan Taparia of Anand Rathi Securities recommends buying Castrol India, Biocon, IGL and PTC India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Biocon and UltraTech Cement.