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 recommends buying Exide Industries as the stock may test Rs 128 in the next couple of days.
Sudarshan Sukhani of s2analytics.com is of the view that Exide Industries is an attractive opportunity and it may test Rs 114-115.
Jigar Shah, senior VP and HOR at Kim Eng Sec India is of the view that one may pick Exide Industries.
Paras Bothra, Ashika Stock Broking advises buying Finolex Industries for a target price of Rs 210 and TVS Motor for a target price of Rs 95.
Shahina Mukaddam of Varun Capital recommends buying Rolta India for a target of Rs 69.50 and Indian Hotels Company for a target of Rs 62.50.
Shahina Mukaddam of Varun Capital advises buying Exide Industries for a target price of Rs 106.50 and Arvind for a target price of Rs 150.
Hemen Kapadia, VP at KR Choksey Securities is of the view that one may buy Exide Industries at around Rs 103.
According to SP Tulsian of sptulsian.com, one may exit Exide Industries.
SP Tulsian of sptulsian.com is of the view that Exide Industries may slip in double digit in the near-term.
Vikrant Jadeja of Vibrant Trades suggests buying Jindal Steel & Power with a target of Rs 283 and selling DLF with a target of Rs 150.
Abhishek Karande of SBICAP Securities feels that Exide Industries may add 10 percent.
According to Sudarshan Sukhani of s2analytics.com, one may buy Exide Industries and hold it till the upswing continues.
Chandan Taparia of Anand Rathi recommends buying Hindustan Unilever with a target of Rs 595 and Exide Industries with a target of Rs 128.
Hemant Thukral, national head-derivative desk at Aditya Birla Money is of the view that Exide Industries may touch Rs 133.
SP Tulsian of sptulsian.com feels that Exide Industries may go upto Rs 125-128.
Abhishek Karande of SBI Capital Securities recommends buying Exide Industries at current levels with a target of Rs 145-150.
Pritesh Mehta of IIFL recommends buying Exide Industries as the stock may test Rs 130 in the next 2-3 weeks.
Sudarshan Sukhani of s2analytics.com recommends buying Exide Industries at current levels.
Ambareesh Baliga, Managing Partner-Global Wealth Management at Edelweiss Financial Services prefers ILandFS Transportation Networks, Crompton Greaves and Voltas.
Pritesh Mehta of IIFL is of the view that Exide industries may touch Rs 130 in the next 1-2 weeks.
Sudarshan Sukhani of s2analytics.com recommends buying Exide Industries, UPL and Oil and Natural Gas Corporation.
Pankaj Jain of Sunteck Wealthmax recommends selling IndusInd Bank and Bank of India.
Prakash Diwan of Asit C Mehta advises going long on Linde India for a target price of Rs 301 and Voltas for a target price of Rs 90.50.
Prakash Diwan of Altamount Capital Management recommends buying Jet Airways with a target of Rs 335 and KEC International with a target of Rs 41.75.
Prakash Diwan of Asit C Mehta advises going long in Jet Airways for a target price of Rs 335 and KEC International for a target price of Rs 41.75.