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
Akshata Deshmukh, Networth Capital advises buying Jain Irrigation for a target price of Rs 62.25 and Dena Bank for a target price of Rs 55.90.
Vishal Malkan of malkansview.com is of the view that CESC may test Rs 550 in the short term and in the medium term it can even test Rs 650.
Vishal Malkan of Malkansview recommends buying Biocon with a target of Rs 485 and Apollo Tyres with a target of Rs 138.
Vishal Malkan, Malkansview advises buying CESC for a target price of Rs 520 and Cadila Healthcare for a target price of Rs 1070.
Vikrant Jadeja of Vibrant Trades suggests buying Andhra Bank with a target of Rs 59 and Rallis India with a target of Rs 175-180.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy CESC as the stock may head higher.
According to SP Tulsian of sptulsian.com, one may prefer CESC for a potential upside and advises avoiding Tata Power Company.
According to SP Tulsian of sptulsian.com, CESC may touch Rs 450 in this series.
Manav Chopra of Nirmal Bang recommends buying Karnataka Bank with a target of Rs 105 and McLeod Russel (India).
Manav Chopra of Nirmal Bang recommends buying CESC with a target of Rs 490 and Mcleod Russel with a target of Rs 275.
Manav Chopra of Nirmal Bang recommends buying YES Bank with a target of Rs 315 and Unitech with a target of Rs 14.
Prakash Diwan of Altamount Capital Management advises going long in Suzlon Energy for a target price fo Rs 11.90 and Bharat Forge for a target price of Rs 349.
Manav Chopra of Nirmal Bang recommends buying IDBI Bank with a target of Rs 57 and advises selling Crompton Greaves future with a target of Rs 105.
Dharmesh Kant of Indianivesh Securities advises buying UPL for a target price of Rs 210 and YES Bank for a target price of Rs 330.
Manav Chopra of Nirmal Bang recommends buying Syndicate Bank and Tata Steel.
Manav Chopra of Nirmal Bang advises buying CESC for a target price of Rs 465 and Buy Bata India for a target price of Rs 975.
According to Pritesh Mehta, senior technical analyst at IIFL, CESC may see a sharp decline in the next couple of trading sessions. "It may come down to Rs 400," he adds.
Independent Advisor AK Prabharkar advises buying Maruti Suzuki for a target price of Rs 1980 and Rural Electrification Corporation for a target price of Rs 205.
According to Sudarshan Sukhani of s2analytics.com, one may short CESC.
Vishal Malkan of malkansview.com advises buying Arvind for target of Rs 149 and CESC for target around Rs 455.
Vishal Malkan of malkansview.com advises buying United Spirits for a target price of Rs 2760 and Divis Labs for a target price of Rs 1340.
Meghana Malkan of malkansview.com suggests buying United Spirits with a target of Rs 2710-2730 and Hindustan Petroleum Corporation (HPCL) with a target of Rs 244-248.
Krish Subramanium of Asit C Mehta Investment recommends buying CESC for a target of Rs 472 and advises selling Steel Authority of India with a target of Rs 61.50.
Krish Subramanium of Asit C Mehta Investment advises buying Biocon for a target price of Rs 485 and CESC for a target price of Rs 472.
SP Tulsian of sptulsian.com recommends going long in Adani Enterprises with a target of Rs 247 and advises selling Power Finance Corporation with a target of Rs 147.