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
Prakash Diwan of Asit C Mehta advises going long in Jet Airways for a target price of Rs 335 and KEC International for a target price of Rs 41.75.
Shardul Kulkarni of Angel Broking recommends holding Ceat.
According to Pankaj Jain of Sunteck Wealthmax, one may go long in Ceat and JK Tyre and Industries.
Pankaj Jain of Sunteck Wealthmax advises buying CEAT for a target price of Rs 229.50 and JK Tyre for a target price of Rs 139.75.
Lancelot D Cunha of ITI Wealth Management recommends buying Sesa Sterlite with a target of Rs 204.50 and advises selling Jain Irrigation Systems with a target of Rs 61.10.
Vishal Malkan of malkansview.com advises buying Apollo Tyres for a target price of Rs 78 and Divis Labs for a target price of Rs 1125.
Sudarshan Sukhani of s2analytics.com recommends buying Escorts.
SP Tulsian of sptulsian.com recommends going long on Dish TV with a target of Rs 54 and Goodyear India with a target of Rs 340.
Sharmila Joshi of Peerless Securities recommends buying Dhanlaxmi Bank with a target of Rs 36.25 and Ceat with a target of Rs 115.
Nooresh Merani of AMSEC Research suggest buying Bajaj Corp with a target of Rs 285 and Bank Of India with a target of Rs 175.
Sharmila Joshi of Peerless Securities recommends buying Exide Industries with a target of Rs 134 and Ceat with a stop loss of Rs 115.50.
Sharmila Joshi of Peerless Securities recommended buying Ceat with a target price of Rs 118.5 and YES Bank with a target price of Rs 248.
Nooresh Merani of AMSEC Research recommends buying United Phosphorous with a stop loss at Rs 125 and advises selling Titan Industries with a target of Rs 250.
Shahina Mukadam of Varun Capital recommended buying Tata Global Beverage with a target price of Rs 152 and Jet Airways with a target price of Rs 352.
Nooresh Merani of AMSEC Research recommends buying United Phosphorous with an intraday target price of Rs 135 and advises selling Titan Industries with an intraday target price of Rs 250.
Nooresh Merani of AMSEC Research advised selling Titan Industries for a target price of Rs 250 and buying United Phosphorous for a target price of Rs 135.
According to Sharmila Joshi, Head of Equity of Peerless Securities, one may buy Ceat with a target at around Rs 140-150.
Sharmila Joshi of Peerless Securities recommends buying Ceat with a target of Rs 119 and a stop loss of Rs 115.80 and advises selling Andhra Bank with a stop loss at Rs 75.50.
One can short Dena Bank for a target price of Rs 59.50 and Bank of India for a target price of Rs 190, says Sharmila Joshi of Peerless Securities.
Amit Trivedi, Co-Founder of Investworks.in recommends buying Tata Consultancy Services (TCS) at around Rs 1650 levels for a target of Rs 1695.
Sharmila Joshi of Peerless Securities recommends buying Ceat with a target of Rs 110. "The way the business has shaped up and the fact that rubber prices have come down significantly will mean that Ceat will have better margins going ahead," he adds.
Sharmila Joshi of Peerless Securities advises buying Ceat with a target price of Rs 110 and Hexaware Technologies with a target price of Rs 93.
Sharmila Joshi of Peerless Securities advises buying Ceat with a target of about Rs 141.
HCL is the only IT company that has gained from rupee depreciation and Sun Pharma can see a 10-15 percent kind of an upside from current levels
Angel Broking is bullish on Britannia Industries and JK Tyre and expects strong upside going ahead.