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 Gandhi, technical analyst & trader recommends buying Divis Laboratories keeping a stoploss at Rs 1080 and Arvind for a target of Rs 119.
Dhananjay Sinha of Emkay Global Financial Services is overweight on IT and pharmaceuticals space.
Vishal Malkan of malkansview.com recommends buying Apollo Tyres with a target of Rs 78 and advises selling IRB Infrastructure Developers with a target of Rs 84.50.
Vishal Malkan of malkansview.com advises buying Apollo Tyres for a target price of Rs 78 and Divis Labs for a target price of Rs 1125.
Sudarshan Sukhani of s2analytics.com advises buying HCL Technologies and Divis Laboratories and suggests selling Union Bank of India.
According to Meghana Malkan of malkansview.com, one may buy Asian Paints with a target of Rs 540 and Divis Laboratories with a target of Rs 1010.
Nilesh Shah, MD & CEO at Envision Capital advises to avoid pharmaceutical space.
Meghana Malkan of malkansview.com advises buying Asian Paints for a target price of Rs 540 and Divis Labs for a target price of Rs 1010.
Nooresh Mirani of AMSEC Research recommends buying United Phosphorous with a target of Rs 160 and Divis Laboratories with a target of Rs 1090.
Nooresh Mirani of AMSEC Research advises buying United Phosphorous with a target price of Rs 160 and Divis Labs with a target price of Rs 1,090.
Vishal Kshatriya of Edelweiss Securities recommends buying Eicher Motors with a target of Rs 4100 and Divis Laboratories with a target of Rs 1150.
Sudarshan Sukhani of s2analytics.com recommends holding Divis Laboratories. The stock is on the verge of a new uptrend, he adds.
Kunal Bothra of LKP advises buying Lupin with a target price of Rs 902 and Bajaj Finance with a target price of Rs 1,300.
Abhijit Paul of Alphative Advisors is of the view that Divis Laboratories may test Rs 1100 if it manages to move above Rs 1020.
Anand Rathi has a buy call on Larsen and Toubro with a target between Rs 765-780 and a stop loss at Rs 710.
According Vishal Malkan of malkansview.com, one may buy Divis Laboratories with a target of Rs 1035 and advises selling Tata Steel Futures with a target of Rs 262 and a stoploss of Rs 285.
Vishal Malkan of malkansview.com advised going short in Tata Communications September futures with a target price of Rs 157 and Tata Steel September futures with a target price of Rs 262.
Abhijit Paul, Founder at Alphative Advisors LLP is of the view that Divis Laboratories may test Rs 1000.
Nooresh Merani of AMSEC Research advices buying Tech Mahindra with a target price of Rs 1,200 and a stop loss at Rs 1,105.
Jitendra Panda of Capital First Securities expects Divis Laboratories to touch a target price of Rs 1035-1055. "Keep a stoploss at Rs 982," he adds.
Nooresh Mirani of AMSEC Research recommends buying United Phosphorous with a target price of Rs 145 and a stop loss at Rs 135.
Sudarshan Sukhani of s2analytics.com recommends buying Divis Laboratories as it is giving a bullish head and shoulder pattern. He further said that the stock is a buying opportunity for the next few days as well.
Rajesh Jain of Religare Securities recommends buying Hindustan Unilever at its current price, keeping a closing stop loss of Rs 590 for a higher target of Rs 610.
Sharmila Joshi of Peerless Securities recommends buying Berger Paints with a target price of Rs 248 and Rolta India with a target price of Rs 62.50.
Sudarshan Sukhani of s2analytics.com recommends buying Divis Laboratories and advises that one may sell Punjab National Bank (PNB) as it is now making new lows.