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
Ashwani Gujral of ashwanigujral.com recommends buying Can Fin Homes with a stop loss of Rs 355, target of Rs 372, Cholamandalam Investment with a stop loss of Rs 1470, target of Rs 1510 and Bajaj Finance with a stop loss of Rs 3100, target of Rs 3165.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Petroleum Corporation with a stop loss of Rs 270, target of Rs 284 and Can Fin Homes with a stop loss of Rs 323, target of Rs 341.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Indiabulls Housing with a target of Rs 765.
Ashwani Gujral of ashwanigujral.com recommends buying Adani Enterprises with a stop loss of Rs 138, target of Rs 150, L&T Finance Holdings with a stop loss of Rs 124, target of Rs 136 and Tata Steel with a stop loss of Rs 515, target of Rs 540.
Mitessh Thakkar of mitesshthakkar.com recommends buying Allahabad Bank with a stop loss of Rs 45 and target of Rs 49, Bajaj Auto with a stop loss of Rs 2790 and target of Rs 2875 and Steel Authority of India with a stop loss of Rs 47.9 and target of Rs 51.5.
Ashwani Gujral of ashwanigujral.com recommends buying Siemens with a stop loss of Rs 1020, target of Rs 1075, Can Fin Homes with a stop loss of Rs 284, target of Rs 298 and Bajaj Finserv with a stop loss of Rs 6400, target of Rs 6550.
Sudarshan Sukhani of s2analytics.com recommends buying Dr Reddy's Laboratories with stop loss at Rs 2645 and target of Rs 2735, Tech Mahindra with stop loss at Rs 678 and target off Rs 705 and Hero MotoCorp with stop loss at Rs 3000 and target of Rs 3080.
PE multiple is widely used as a valuation tool that helps in screening a stock on a relative basis.
Sudarshan Sukhani of s2analytics.com recommends selling Can Fin Homes with stop loss at Rs 240 and target of Rs 218, Cummins India with stop loss at Rs 665 and target of Rs 635 and Sun TV with stop loss at Rs 625 and target of Rs 575.
Rajesh Agarwal of AUM Capital recommends buying Can Fin Homes with stop loss at Rs 252 and target of Rs 274 and Lakshmi Vilas Bank with stop loss at Rs 82 and target of Rs 90.
Rajesh Agarwal of AUM Capital recommends buying Indian Hotels with stop loss at Rs 130 and target of Rs 144, Can Fin Homes with stop loss at Rs 228 and target of Rs 248 and Cyient with stop loss at Rs 733 and target of Rs 753.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bharat Forge with a stop loss of Rs 658 and target of Rs 690 and Century Textiles and Industries with a stop loss of Rs 940 and target of Rs 1000 and can sell Sun TV with a stop loss of Rs 781 and target of Rs 740.
Sudarshan Sukhani of s2analytics.com suggests buying Piramal Enterprises with stop loss at Rs 2850 and target of Rs 3000, Mahindra & Mahindra with stop loss at Rs 960 and target of Rs 980 and Berger Paints with stop loss at Rs 332 and target of Rs 344.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy HCL Tech with a stop loss of Rs 1008 and target of Rs 1060 and can sell Indian Bank with a stop loss of Rs 339.5 and target of Rs 322 and Repco Home with a stop loss of Rs 593 and target of Rs 560.
Prakash Gaba of prakashgaba.com suggests buying Berger Paints with target at Rs 350 and stop loss at Rs 320, Eicher Motors with target at Rs 30000 and stop loss at Rs 28500 and Kotak Mahindra Bank with target at Rs 1310 and stop loss at Rs 1272.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy IDFC Bank with a stop loss of Rs 39.8 and target of Rs 44 and sell Infosys with a stop loss of Rs 1363.5 and target of Rs 1320.
Ashwani Gujral of ashwanigujral.com advises buying Asian Paints with a target of Rs 1410.
Centrum Wealth Research said if Indian corporate earnings can experience long term mean-reversion to those levels at 5.30 percent, robust earnings uptick can be expected.
Mitessh Thakkar of mitesshthakkar.com recommends buying Dr Reddy's Lab with a stop loss below Rs 2284 and target of Rs 2400, Repco Home above Rs 580, with stop loss of Rs 565 and target of Rs 610 and Maruti Suzuki with a stop loss of Rs 9180 and target of Rs 9300.
Jayant Manglik of Religare Broking expects the Nifty to hold 10,550 in case of any decline, while a decisive breakout above 10,850 would trigger a fresh upmove
Rajesh Agarwal of AUM Capital
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Can Fin Homes with stop loss at Rs 348 and target of Rs 333 and also sell Ceat with stop loss at Rs 1322 and target of Rs 1262 while one can buy Godrej Consumer Products with stop loss at Rs 1155 and target of Rs 1185.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini, Can Fin Homes, Tech Mahindra, Maruti Suzuki and Indiabulls Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Engineers India and Indian Oil and can buy Can Fin Homes.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Can Fin Homes and Escorts and can buy Zensar Tech.