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
Kunal Bothra of LKP advises buying Escorts with a target of Rs 155 and Dishman Pharma with a target of Rs 182-183.
Sudarshan Sukhani of s2analytics.com is of the view that Escorts is an investment opportunity.
Manas Jaiswal of manasjaiswal.com recommends buying Escorts with a target of Rs 145-150 in next one or two weeks time.
Shahina Mukadam of Varun Capital recommends buying Kalpataru Power Transmission for a target of Rs 175 and Federal Bank for a target of Rs 130.
Pankaj Jain, Sunteck Wealthmax advises buying Edelweiss Financial for a target price of Rs 57.75 and NBCC for a target price of Rs 496.
Akshata Deshmukh of Networth Capital recommends buying India Cements for a target of Rs 59.50 and Dishman Pharmaceuticals & Chemicals for a target of Rs 96.
Vishal Malkan, Malkansview advises buying Cox & Kings for a target price of Rs 158 and Bata India for a target price of Rs 1120.
Sudarshan Sukhani of s2analytics.com recommends buying Escorts.
Pankaj Jain of Sunteck Wealthmax Capital advises buying Escorts.
The top 10 stocks that CNBC-TV18 team has its eyes on are: BHEL, Aban Offshore, Bank of Baroda, Ranbaxy, HCL Tech, Escorts, Jet Airways, Power Grid, Cummins India, LG Balakrishnan & Bros
Dharmesh Kant of Indianivesh Securities advises buying UPL for a target price of Rs 210 and YES Bank for a target price of Rs 330.
Kunal Bothra of LKP advises buying VIP Industries with a target of Rs 70 and United Breweries with a target of Rs 820.
Pankaj Jain of Sunteck Wealthmax advises buying Apollo Tyres for a target price of Rs 114.75 and Tata Elxsi for a target price of Rs 406.75.
The research desk at CNBC-TV18 gives a wrap on the reason to watch out HDFC Bank, Tata Steel, Infosys, Eicher Motors, HUL, Idea Cellular, Escorts, Jindal Steel & Power, JSW Steel and Zee Entertainment in today's trade.
Phani Sekhar of Angel Broking is of the view that one may hold Escorts.
Independent Advisor AK Prabharkar advises buying Maruti Suzuki for a target price of Rs 1980 and Rural Electrification Corporation for a target price of Rs 205.
Jagannadham Thunuguntla of SMC Global Securities is of the view that Escorts may touch Rs 180 and feels that Torrent Pharmaceuticals may test Rs 650.
Ashish Kapur of Investshoppe recommends going long in Tech Mahindra with a target of Rs 1,795 and Titan Company with a target of Rs 235.
Ashish Kapur of Investshoppe advises buying Tech Mahindra for a target price of Rs 1,795 and Apollo Tyres for a target price of Rs 87.
Shahina Mukadam of Varun Capital recommends buying Tata Motors (DVR) with a target of Rs 196 and Allahabad Bank with a target of Rs 86.
Sharmila Joshi, independent analyst recommends buying Sintex Industries for a target of Rs 35.50 and YES Bank for a target of Rs 405.
Sharmila Joshi, Independent Analyst advises buying IRB Infrastructure for a target price of Rs 103 and Escorts for a target price of Rs 124.
According to Rajen Shah of Angel Broking, Escorts may test Rs 180-200.
Sudarshan Sukhani of s2analytics.com recommends buying Escorts.
Rakesh Jhunjhunwala of Rare Enterprises is bullish on Tata Motors and Escorts.