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
Abhishek Agarwal of Fortune Interfinance advised buying Wockhardt with a target price of Rs 880 and Tech Mahindra with a target price of Rs 1220.
According to Mayuresh Joshi, VP Institution of Angel Broking, one may hold on to Dabur India and look for targets at around Rs 200-210 in the next 12-15 months.
Sharmila Joshi, Head of Equity of Peerless Securities is of the opinion that one may hold on to Dabur India with a near term view of about Rs 180. "One should stay put in the stock with a long time view," she adds.
Vishal Malkan of malkansview.com is of the opinion that one may buy Dabur India for targets of Rs 172 and sell Shree Renuka Sugars with a stop of Rs 18.75.
According to Ashish Kapur of Investshoppe one may go long on Dabur India with a target of Rs 174 and a stop loss at Rs 163.50 and suggest going long on Bata India with a target of Rs 960 and a stop loss at Rs 915.
Aashish Tater of FortuneWizard.com advised going long on JSW Energy with a target price of Rs 43.5 and UCO Bank with a target price of Rs 65.5.
According to Ashish Kapur of Investshoppe, one may go long on Dabur India with a target of Rs 165 and a stop loss at Rs 157 and advises to go long on Idea Cellular with a target of Rs 164 and stop loss at Rs 155.
Sudarshan Sukhani of s2analytics.com feels that Dabur India may go higher.
Aashish Tater of FortuneWizard.com advised going short on Reliance Communications with a target price of Rs 130 and Sun TV Network with a target price of Rs 375.
Sharmila Joshi of Peerless Securities recommends buying Ceat with a target of Rs 110. "The way the business has shaped up and the fact that rubber prices have come down significantly will mean that Ceat will have better margins going ahead," he adds.
Sharmila Joshi of Peerless Securities advises buying Ceat with a target price of Rs 110 and Hexaware Technologies with a target price of Rs 93.
Mayuresh Joshi, VP Institution of Angel Broking recommends to sell Ashok Leyland on rally and advises to buy Aurobindo Pharma on declines.
Sudarshan Sukhani of s2analytics.com advises to go long in Dabur India if the stock starts inching up from yesterday's highs.
Dabur India is an attractive chart to be in as it should touch its life-time highs, feels Sudarshan Sukhani of s2analytics.com.
Sanjay Manyal of ICICI Direct is positive on Dabur India as the volume growth that has seen in the previous quarters would sustain.
Sudarshan Sukhani of s2analytics.com recommends buying Dabur India and Idea Cellular.
Sharmila Joshi of Peerless Securities is bearish on Titan Industries. She advised selling the scrip with a stop loss at Rs 295.50.
Sharmila Joshi of Peerless Securities advised going short on Titan Industries June future with a target price of Rs 285 and keep a stoploss at Rs 295.50.
Dabur India is a good trading bet, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com expects Dabur India to double from Rs 150 to Rs 300 in the next five years. So he advises to hold the stock.
According to Shardul Kulkarni of Angel Broking, Dabur India offers a good upside from current levels. He feels the stock can test Rs 165.
The Call and Put writing both that has brought down the volatility and this is where there maybe some consolidation left in the market till expiry.
Sudarshan Sukhani of s2analytics.com advises to buy Dabur India and sell Indiabulls Real Estate.
Manas Jaiswal of manasjaiswal.com suggests buying Dabur India at current levels with a stop loss of Rs 156. According to him, the stock can test Rs 162 in next one-two trading sessions.
SP Tulsian of sptulsian.com is bullish on Indraprastha Gas. He suggests going long at the current level of Rs 284 with a target of about Rs 300.