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
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities is of the view that one can buy Glenmark Pharma, Cummins India, Tata Motors and Exide Industries.
Sandeep Wagle of powermywealth.com recommends buying Biocon and Cummins India and advises selling Union Bank of India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Power Finance Corporation, Infosys and Bharti Airtel and sell United Breweries and Cummins India.
According to Mitesh Thacker of miteshthacker.com, one can buy HDFC Bank and Cummins India.
Mitesh Thacker of miteshthacker.com recommends buying Cummins India, Cadila Healthcare and Dish TV.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy LIC Housing Finance and Cera Sanitaryware and sell Cummins India.
Ruchit Jain of Angel Broking advises buying United Spirits with a target of Rs 2525.
Vijay Chopra of Enoch Ventures is of the view that one may buy HCC with a target of Rs 37.50.
According to Mitesh Thacker of miteshthacker.com, one can buy UltraTech Cement and Cummins India.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Arvind, Godrej Consumer, IOC and Cummins India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy UPL, Century Enka and Cummins India.
Prakash Gaba of prakashgaba.com is of the view that Aditya Birla Nuvo and Cummins India look good and recommends selling Britannia Industries.
Sudarshan Sukhani of s2analytics.com recommends buying Adani Ports and feels that Marico and Cummins India may head higher.
Jay Thakkar of Sharekhan is of the view that one may buy JBM Auto with a target of Rs 236.10.
Rakesh Bansal of RK Global advises buying Indraprastha Gas with a target of Rs 842.
Mitesh Thacker of miteshthacker.com recommends buying Century Textiles and Industries, Cummins India and Godrej Consumer.
Vishal Malkan of malkansview.com is of the view that one may buy Delta Corp with a target of Rs 170.
Ashwani Gujral of ashwanigujral.com recommends buying Cummins India, Cipla and JK Tyre and Industries.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Divis Labs and Power Grid and sell Aurobindo Pharma.
Rajat Bose of rajatkbose.com recommends selling Bajaj Auto and Hero MotoCorp.
Mitesh Thacker of miteshthacker.com recommends buying Mahindra & Mahindra and Cummins India.
Deutsche Bank reiterates buy rating on Sun Pharma, with a target price of Rs 900 per share. It says delay in resolving the warning letter at the Halol plant a downside risk.
Rajat Bose of rajatkbose.com is of the view that one can sell Cummins India and ITC.
Rajat Bose of rajatkbose.com is of the view that one can sell Bharat Heavy Electricals and Cummins India and recommends buying Rural Electrification Corporation.
VK Sharma, Head Private Broking & Wealth Management at HDFC Securities is of the view that one can buy Cummins India and UPL.