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 is of the view that one may see upside in Ceat.
Hemant Thukral of Aditya Birla Money is of the view that Ceat is a good pick and feels that the stock may head towards Rs 1085-1090.
CNBC-TV18's research teams gets the list of those 10 stocks which are likely to remain in today's trading zone
Manish Sharma of Derivative Trading Research recommends selling Ceat with a target of Rs 970 and Amara Raja with a target of Rs 840.
Prakash Gaba, Technical Analyst at prakashgaba.com feels that Ceat may test Rs 1135.
Sameet Chavan of Angel Broking is of the view that one may buy Dewan Housing Finance Corporation (DHFL) with a target of Rs 235.
CA Rudramurthy BV of Vachana Investments advises selling Vedanta with a target of Rs 88.
According to Rakesh Bansal, Vice President at RK Global, one may buy Tata Motors DVR and Ceat.
Gaurav Bissa of LKP Securities is of the view that one may buy Tata Chemicals and Ceat.
Simi Bhaumik of simibhaumik.com is of the view that one may hold Ceat. "The stock may move to Rs 1075-1110," he adds.
According to Sudarshan Sukhani of s2analytics.com, one may sell Ceat.
SP Tulsian of sptulsian.com is of the view that one may prefer Ceat as it may give gain of Rs 60-100 till expiry.
According to Manas Jaiswal of manasjaiswal.com, one may buy Wockhardt and Ceat.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Larsen and Toubro (L&T) with a target of Rs 1435.
Manas Jaiswal of manasjaiswal.com advises buying Bank of India with a target of Rs 142.
Rakesh Bansal of RK Global recommends selling Ceat, HDIL, IRB Infra and Aurobindo Pharma.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid tyre stocks.
Vishal Malkan of malkansview.com is of the view that one may buy Ashok Leyland with a target of Rs 97.
According to Mayuresh Joshi of Angel Broking, one may exit Ceat on rallies.
Nooresh Merani of Analyse India is of the view that one may exit Ceat at around Rs 1160-1200.
VK Sharma of HDFC Securities recommends buying Ceat 1080 Put.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Ceat.
Sharmila Joshi of sharmilajoshi.com suggests selling Ceat with a target of Rs 1157.
Hemen Kapadia of KR Choksey Securities is of the view that one may sell ITC with a target of Rs 351.
Gaurav Bissa of LKP Securities recommends shorting Ceat for a target of Rs 1170.