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
Amit Harchekar, Chief Technical Strategist at A PLUS Analytics is of the view that Indiabulls Real Estate may move up to Rs 58.50-59.
SP Tulsian of sptulisan.com has a bullish stance on the real estate space and feels that DLF, Prestige Estate, Brigade Enterprise and Indiabulls Real Estate may give good returns.
Vishal Malkan, Malkansview advises buying Cox & Kings for a target price of Rs 158 and Bata India for a target price of Rs 1120.
Kunal Saraogi, Equityrush advises buying JSW Energy for a target price of Rs 53 and BPCL for a target price of Rs 390.
Sudarshan Sukhani prefers DLF and Indiabulls Real Estate within the real estate space.
Manav Chopra, Nirmal Bang advises buying Allahabad Bank for a target price of Rs 78 and Muthoot Finance for a target price of Rs 180.
According to Shrikant Chouhan of Kotak Securities, one may buy Tata Steel with a target of Rs 380-385 and HDFC with a target of Rs 820.
Sudarshan Sukhani of s2analytics.com recommends selling Indiabulls Real Estate as the stock may head lower.
SP Tulsian of sptulsian.com is of the view that Indiabulls Real Estate may test Rs 69-70 in next one week.
Bhavin Desai of Motilal Oswal Securities recommends buying Indiabulls Real Estate 70 Call option with a target of about Rs 4.
Meghana Malkan of malkansview.com recommends buying Indiabulls Real Estate with a target of Rs 76 and Biocon with a target of Rs 482.
Sudarshan Sukhani of s2analytics.com recommends buying Indiabulls Real Estate and advises carrying it through next week.
Sudarshan Sukhani of s2analytics.com is of the view that eventual target of DLF is at Rs 200. "The first move can take DLF all the way to Rs 180-181 and that is the short term target," he adds.
Pritesh Mehta, senior technical analyst at IIFL recommends buying Indiabulls Real Estate at around Rs 60-67 for a target of Rs 76-77.
Pritesh Mehta of IIFL recommends buying Indiabulls Real Estate with a target of Rs 76-77.
According to SP Tulsian of sptulsian.com, one may go long in Indiabulls Real Estate with a target of Rs 68.50.
SP Tulsian of sptulsian.com recommends going long in DLF and Indiabulls Real Estate on dips.
Manav Chopra of Nirmal Bang recommends buying Dish TV India for a target of Rs 61 and Indiabulls Real Estate for a target of Rs 74.
Dharmesh Kant of India Nivesh Securities advises buying Aurobindo Pharma for a target price of Rs 320 and Alembic Pharma for a target price of Rs 215.
Sudarshan Sukhani of s2analytics.com recommends buying Indiabulls Real Estate, Housing Development and Infrastructure and Prestige Estates on dip.
Hemen Kapadia of KR Choksey Securities suggests selling Dabur India with a stoploss at Rs 162 and buying Maruti Suzuki with a target of Rs 1702.
SP Tulsian of sptulsian.com advises to remain invested in Indiabulls Real Estate.
Kunal Bothra of LKP is of the view that Indiabulls Real Estate may touch Rs 75 from a very short-term perspective.
Abhijit Paul of Alphative Advisors is of the view that Indiabulls Real Estate may touch Rs 80.
Hemant Thukral of Aditya Birla Money recommends going long in Indiabulls Real Estate as the stock may touch Rs 76-77.