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
Vishal Malkan, Technical Analys at malkansview.com is of the view that Federal Bank may test Rs 135-140.
Dharmesh Kant of Indianivesh Securities recommends buying YES Bank with a stoploss at Rs 336 and Granules India for a target of Rs 310.
Dharmesh Kant, Indianivesh Securities advises buying Arvind for a target price of Rs 165 and Federal Bank for a target price of Rs 90.
SP Tulsian of sptulsian.com has a bullish stance on private sector banks including Federal bank and Dhanlaxmi Bank.
Manav Chopra of Nirmal Bang recommends buying Sonata Software for a target of Rs 55 and Federal Bank for a target of Rs 80 .
Nooresh Merani, Analyse India advises buying Tata Global Beverage for a target price of Rs 148 and Wipro for a target price of Rs 620.
Lancelot D Cunha, ITI Wealth Management advises buying IndusInd Bank for a target price of Rs 394 and Crompton Greaves for a target price of Rs 125.50.
Meharaboon Irani, Nirmal Bang Securities thinks one should remain invested in the IT space. He also suggesting picking up stocks like Hindustan Zinc, Emami but is wary of banking space for the next two quarters
According to Mehraboon Irani of Nirmal Bang Securities, one may pick Hindustan Zinc.
Top 10 stocks that CNBC-TV18 team has picked to be on your radar - Hindustan Zinc and Sesa Sterlite, Asian Paints, Emami, Tata Power, Federal Bank, Aurobindo Pharma, Tata Steel, Siticable and Reliance Communications.
According to Pritesh Mehta of IIFL, one may buy Federal Bank with a target of Rs 86 and Housing Development Finance Corporation (HDFC) with a target of Rs 870.
Shrikant Chouhan of Kotak Securities suggests buying Cipla with a target of Rs 420-425 and Federal Bank with a target of Rs 85.50-87.
Rakesh Gandhi, independent technical analyst recommends buying JK Lakshmi Cement with a target of Rs 88.35 and Federal Bank with a target of Rs 89.
Kunal Bothra of LKP recommends buying Federal Bank with a target of Rs 90 and JSW Energy with a target of Rs 61.
Dharmesh Kant of Indianivesh Securities recommends buying UPL for a target of Rs 200 and Tata Global Beverage for a target of Rs 170.
Dharmesh Kant of Indianivesh Securities suggests buying Arvind for a target price of Rs 145 and Federal Bank for a target price of Rs 90.
Pankaj Jain of Sunteck Wealthmax advises buying Apollo Hospital for a target price of Rs 907 and Apollo Tyres for a target price of Rs 108.
Meghana V Malkan of malkansview.com advises buying DLF with a target of Rs 171-177 and Hindustan Petroleum Corporation (HPCL) with a target of Rs 242-248.
Prakash Diwan of Altamount Capital Management recommends buying Himatsingka Seide with a target of Rs 49.90 and advises selling Dabur India with a target of Rs 156.
Kunal Bothra of LKP Shares advises buying Voltas with a target of Rs 99 and JSPL with a target of Rs 264.
Ambareesh Baliga of Edelweiss Financial Services is of the view that one may prefer HDFC Bank and Axis Bank at these levels.
Sharmila Joshi of Fairwealth Securities recommends buying Rallis India with a target of Rs 161.50 and advises selling Reliance Infrastructure with a target price of Rs 415.
Sharmila Joshi of Fairwealth Securities advises buying Rallis India with a target price of Rs 161.50 and TVS Motor Company with a target price of Rs 51.
Saurabh Mukherjea, CEO-Institutional Equities at Ambit Capital expects 20 percent upside in Exide Industries over the next year or so.
Brokerages recommend buying Federal Bank, Godrej Industries, Reliance Infrastructure, and Yes Bank.