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
Rakesh Bansal of R K Global advises buying Eveready Industries with a target of Rs 326.
Rahul Mohindar of viratechindia.com suggests buying Crompton Greaves on dips.
Sameet Chavan of Angel Broking is of the view that one may buy BHEL and Crompton Greaves.
Mithil Pradhan of Violet Arc Global Managers is of the view that one may short LIC Housing Finance and buy Crompton Greaves.
Sudarshan Sukhani of s2analytics.com advises buying Crompton Greaves and suggests selling Adani Ports.
Sharmila Joshi of sharmilajoshi.com advises buying Biocon with a target of Rs 489.
Rahul Mohindar of viratechindia.com advises buying Indraprastha Gas, Century Textiles and Crompton Greaves.
Gaurav Ratnaparkhi of Sharekhan advises buying JK Tyre with a target of Rs 119.
Vineet Bhatnagar, MD at PhillipCapital is of the view that one may look at Mahindra CIE Automotive.
Vishal Malkan of www.malkansview.com advises buying TVS Motor with a target of Rs 295.
Sudarshan Sukhani of s2analytics.com is of the view that one may see deeper correction in Crompton Greaves and recommends selling Siemens.
Gaurav Bissa of LKP Securities advises selling Tata Motors with a target of Rs 395.
Manish Sharma of Derivative Trading Research advises buying Voltas with a target of Rs 295.
Simi Bhaumik of simibhaumik.com recommends buying HCL Infosystems with a target of Rs 69-74 and Crompton Greaves with a target of Rs 206-212.
According to the brokerage, Crompton Greaves has under-utilised brand as it remains restricted to a few segments -fans, lighting & pumps. It expects Crompton to increase its footprint in other segments like appliances and potentially into the switchgear market.
Chandan Taparia of Anand Rathi Securities feels that Crompton Greaves may test Rs 200.
According to Ajay Bodke of Prabhudas Lilladher, one may look at Crompton Greaves.
Amit Harchekar, Chief Technical Strategist at A PLUS Analytics recommends buying Colgate Palmolive and Dabur India and advises shorting Motherson Sumi and Crompton Greaves.
Hemen Kapadia of KR Choksey Securities is of the view that one may buy Larsen and Toubro (L&T) with a target of Rs 1511.
Aditya Agarwal of Way2wealth Securities is of the view that one can go long in Crompton Greaves as the stock can retest Rs 195.
Sameet Chavan of Angel Broking recommends buying Crompton Greaves on dips with a target of Rs 198.
Ashish Kyal of wavesstrategy.com is of the view that one may buy Crompton Greaves with a target of Rs 204.
Manas Jaiswal of manasjaiswal.com recommends buying Crompton Greaves with a target of Rs 190.
VK Sharma of HDFC Securities is of the view that one can buy Crompton Greaves 185 Call.
Gaurav Bissa of LKP Securities recommends going long in Crompton Greaves 180 Call.