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 Colgate Palmolive (India).
Harendra Kumar of Elara Capital is positive on staples and consumer discretionary space.
CLSA also feels that decline in oil prices may also help in lowering the freight costs for the industry. It sees Asian Paints and HUL as the key beneficiaries where oil derivatives form almost 40-45 percent of the input base.
Manoj Murlidharan of Religare Securities recommends buying Colgate Palmolive with a target of Rs 1810 and prefers Exide Industries with a target of Rs 174.
Here are top 10 stocks to keep an eye on December 8 - Cairn, HPCL, Colgate, Infosys, Dolphin Offshore, Jubilant Food, Spicejet, Gammon India, Talwalkar Fitness and Thangamayil Jewellery.
Dhananjay Sinha, Head-Institutional Research at Emkay Global Financial Services prefers TVS Motor, L&T, SKS Micro and JK Lakshmi Cement.
Sudarshan Sukhani of s2analytics.com recommends buying Colgate Palmolive and Britannia Industries.
Manas Jaiswal of manasjaiswal.com suggests buying Tata Motors DVR with a target of Rs 365 and Mindtree with a target of Rs 1295.
Pritesh Mehta - Senior Technical Analyst at IIFL recommends buying Colgate Palmolive with a target of Rs 1960.
Manav Chopra of Nirmal Bang recommends buying Jubilant Foodworks with a target of Rs 1,520 and TVS Motor Company with a target of Rs 255.
According to Sanjeev Prasad, Senior Executive Director and Co-Head at Kotak Institutional Equities, Colgate Palmolive is looking expensive.
Sudarshan Sukhani of s2analytics.com recommends booking profits in Colgate Palmolive (India).
Vishal Kshatriya of Edelweiss suggests buying Colgate Palmolive India with target of Rs 1700 and selling Larsen and Toubro with a target of Rs 1430.
Meghana V Malkan of malkansview.com suggests buying Federal Bank with a target of Rs 127-130 and Adani Enterprises with a target of Rs 535-547.
Sudarshan Sukhani of s2analytics.com recommends buying Colgate Palmolive (India) as the stock is on the verge of a breakout.
According to Yogesh Radke, head of quantitative research at Edelweiss Securities, one may keep Bata India, Colgate Palmolive, Cummins India and Nestle India in the portfolio.
According to Sandeep Shah, Associate Director at Motilal Oswal Private Wealth Management, one may accumulate FMCG stocks on dip.
Sudarshan Sukhani of s2analytics.com recommends buying Colgate Palmolive (India) with a view of one year as the stock may give good returns.
Vishal Kshatriya of Edelweiss recommends buying Mindtree with a stoploss at Rs 1,470 and a target of Rs 1,650-1,680 and Tata Global Beverage with a stoploss at Rs 148 and a target of Rs 170.
Shardul Kulkarni of Angel Broking recommends buying Sadbhav Engineering with a target of Rs 92-94 and Colgate Palmolive with a target of Rs 1365.
Pritesh Mehta of IIFL recommends buying Colgate Palmolive as the stock may touch Rs 1420.
According to Amit Gupta, Head-Derivatives at ICICI Direct, Colgate Palmolive (India) may touch Rs 1360-1380.
Sudarshan Sukhani of s2analytics.com recommends buying Colgate Palmolive (India) and advises holding on to the stock.
Amit Gupta of ICICI Direct feels that Colgate Palmolive (India) may move towards Rs 1300.
Vivek Gujrati of Anand Rathi Financial Services is of the view that Colgate Palmolive (India) may touch Rs 1450 in the next 12-15 months.