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
According to Sharmila Joshi of Peerless Securities, one may buy Exide Industries with a target of Rs 139 and stop loss of Rs 133 and also advises to buy Hexaware Technologies with a target of Rs 110 and stop loss at Rs 105.50.
Sharmila Joshi of Peerless Securities advised buying Exide Industries with a target price of Rs 139 and Hexaware Technologies with a target price of Rs 110.
Sudarshan Sukhani of s2analytics.com is of the opinion that Exide Industries is a far better chart among midcaps.
SP Tulsian of sptulsian.com is of the view that one should stay away from Exide Industries as the stock doesn't have good upside from current levels.
Sudarshan Sukhani of s2analytics.com recommends buying Exide Industries.
According to Aashish Tater of FortuneWizard.com, one may go long on Firstsource Solutions for a target of Rs 13.80 and a stop loss of Rs 13.15 and advises to sell Reliance Communications (RComm) as the stock will go and test Rs 92 mark from medium term perspective.
Aashish Tater of FortuneWizard.com advised buying Firstsource Solutions with a target price of Rs 13.8 and Dena Bank with a target price of Rs 73.5.
Rajen Shah, CIO at Angel Broking is positive on Exide Industries.
VK Sharma of HDFC Securities recommends buying Reliance Industries and United Phosphorous.
Shahina Mukadam of Varun Capital recommends buying Godrej Industries with a target price of Rs 327 and advises buying Exide Industries with a target of Rs 128.
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.
Sudarshan Sukhani of s2analytics.com advises to buy Exide Industries and sell Cairn India.
Sudarshan Sukhani of s2analytics.com is of the view that one can short sell Exide Industries as it may head to much lower levels.
The the outlook on the replacement market still remains very good despite a tough macro environment we are bullish on Exide Industries. The stock has valuations that are supportive and there is potential for earnings upgrades
Sharmila Joshi of Peerless Securities is bullish on Arvind, Exide Industries, Reliance Communications and UCO Bank.
Sharmila Joshi of Peerless Securities advised buying Arvind with a target price of Rs 89 and Reliance Communications with a target price of Rs 121.
According to Sudarshan Sukhani of s2analytics.com, one can go long on Exide Industries. "The big move seems to be imminent," he adds.
Sudarshan Sukhani of s2analytics.com is bullish on Sintex Industries and Exide Industries. "Sintex Industries saw a sharp rally and then an equally sharp correction. This is normal when a stock is building a base. It seems that now the correction is over and the stock is inching upwards, says Sudarshan Sukhani.
Rajen Shah, CIO of Angel Broking is of the view that one can prefer Exide Industries over Amara Raja Batteries. Exide is a debt free company and they could exit the insurance business which they bought for about Rs 550-600 crore from ING Vysya Life Insurance, he adds.
Suresh Mahadevan, MD & Head of Indian Equities at UBS Securities prefers Exide Industries over Apollo Tyres.
In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal, Swadeshi Credits shares his trading strategies for the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Sudarshan Sukhani of s2analytics.com advised buying Exide Industries and Adani Enterprises. He advised short term traders to keep a stoploss.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi of Peerless Securities shares her trading strategies for the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.