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 recommends buying Asian Paints, Zee Entertainment and Lupin and advises selling BEML and CESC.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Jubilant Foodworks and CSEC.
Rajat Bose of rajatkbose.com is of the view that Aurobindo Pharma may test Rs 814 while Cipla may hit Rs 594.
Citi has a buy call on the stock with a target of Rs 790 per share, saying it remains top pick amongst small caps after quarterly earnings.
Rajat Bose of rajatkbose.com is of the view that Eros International Media may test Rs 235 and recommends buying CESC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punj Lloyd, SRF, CESC, Petronet LNG, Power Finance Corporation, Oriental Bank of Commerce, Bank of India and HDFC Bank.
Jay Thakkar of Sharekhan is of the view that one may buy JBM Auto with a target of Rs 236.10.
According to Ashwani Gujral of ashwanigujral.com, one can buy NBCC, CESC and Gujarat Heavy Chemicals.
Amit Harchekar of A Plus Analytics is of the view that one can buy Indo Count Industries and CESC and advises shorting Indiabulls Real Estate and Torrent Pharma.
Chandan Taparia of Anand Rathi Securities recommends buying LIC Housing Finance, State Bank of India and CESC.
Ruchit Jain of Angel Broking advises buying Ipca Laboratories with a target of Rs 560.
Sandeep Wagle of powermywealth.com recommends buying Tata Power, CESC and L&T Finance Holdings.
Sandeep Wagle of powermywealth.com recommends buying Allahabad Bank, CESC and JSW Steel.
Ashwani Gujral of ashwanigujral.com recommends buying CESC, Capital First and ICICI Bank.
Manish Sharma of derivativetradingresearch.com is of the view that one may sell Allahabad Bank with a target of Rs 71.
According to Ashwani Gujral of ashwanigujral.com, one can sell Indoco Remedies and Canara Bank and buy CESC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy PVR, Prism Cement and CESC but avoid Mindtree.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Sun TV Network with a target of Rs 399.
"We raise SOTP-based target price by 20 percent to Rs 725, largely on account of the higher value of the Haldia project, core business, and CESC's holding in Firstsource," says Nomura.
Sudarshan Sukhani of s2analytics.com recommends buying Axis Bank, CESC and Dabur India.
Aditya Agarwal of Way2wealth Securities is of the view that one can sell Bank of Baroda and go long in CESC.
Ashwani Gujral of ashwanigujral.com recommends buying Thomas Cook and advises selling Strides Shasun and Hindalco Industries and avoid Dr Reddy's Labs.
Rakesh Bansal of RK Global is of the view that one may buy CESC with a target of Rs 618.
Krish Subramanyam of Altamount Capital advises buying Alembic with a target of Rs 40.
Sudarshan Sukhani of s2analytics.com recommends buying ACC, Dabur India and CESC.