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
Amongst the midcaps, Ambareesh Baliga is very bullish on Pidilite Industries.
Siddarth Bhamre of Angel Broking recommends buying Coal India at the current level and advises shorting Ashok Leyland as the stock may test Rs 45.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Coal India.
Hemen Kapadia of KR Choksey Securities suggests buying Voltas with a target of Rs 265 and Coal India with a target of Rs 355.
Amit Trivedi of Investworks.in recommends ratio trade in Coal India.
Ajay Bagga, Executive Chairman at OPC Asset Solutions prefers Oil and Natural Gas Corporation and Bharat Petroleum Corporation.
Phani Sekhar of Angel Broking is of the view that one may accumulate Coal India on declines.
Siddarth Bhamre of Angel Broking is of the view that Coal India can test Rs 358.
Any dip which will come due to this offer for sale (OFS) should be a buying opportunity because ONGC makes a profit after tax (PAT) of around Rs 20,000 crore and they lose out revenues as high as Rs 50,000 crore by way of subsidies, says Parag Thakkar, Head of Sales at HDFC Securities.
Sudarshan Sukhani of s2analytics.com recommends entering Coal India.
Rahul Mohinder, technical analyst at viratechindia.com is of the view that one may go long in Coal India at around Rs 370-380.
VK Sharma of HDFC Securities recommends buying Coal India 380 Call.
Hemen Kapadia of KR Choksey Securities advises buying Bharti Airtel with a target of Rs 382 and Coal India with a target of Rs 371.
According to Prakash Diwan, Director of Altamount Capital Management, one may prefer Coal India at lower levels.
Sudarshan Sukhani of s2analytics.com recommends buying Coal India at the current levels.
SP Tulsian of sptulsian.com is of the view that Coal India may slip to Rs 245.
Deven Choksey, MD at KR Choksey Shares & Securities prefers Bank of Baroda, State Bank of India and Punjab National Bank from the PSU banking space and Coal India from the mineral space.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Coal India.
Sudarshan Sukhani of s2analytics.com recommends buying Coal India.
Sudarshan Sukhani of s2analytics.com is of the view that one may look at Coal India.
According to Gaurav Ratnaparkhi of Sharekhan, one may buy Coal India with a target of Rs 263 and Voltas with a target of Rs 115.
Siddharth Bhamre of Angel Broking recommends going long in Coal India with a target of Rs 266.
Parag Thakkar, Head of Sales at HDFC Securities sees Tata Motors' fall as a very good buying opportunity and Coal India has become extremely attractive.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Coal India with a long term view.
According to Hemen Kapadia of KR Choksey Securities, one may buy Asian Paints with a target of Rs 496.