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
Sandeep Wagle of powermywealth.com is of the view that one can buy Voltas and Reliance Industries and sell Godrej Industries.
According to Sumeet Jain of Destimoney Securities, one may buy Marico with a target of Rs 289.
Sandeep Wagle of powermywealth.com is of the view that one may sell Godrej Industries and advises buying Reliance Capital.
Sandeep Wagle, Founder & CEO at powermywealth.com advises selling Godrej Industries.
SP Tulsian of sptulsian.com is positive on multinational company (MNC) stocks and is betting on Cummins, GE T&D India, ABB to balance the portfolio.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Tata Global Beverage and Godrej Industries.
JP Morgan stays neutral on TCS with target of Rs 2450 per share as company has shown weakness in revenue growth trajectory in recent quarters.
Kunal Saraogi of Equityrush is of the view that one may buy Sintex Industries with a target of Rs 84.
Sandeep Wagle of powermywealth.com recommends buying Godrej Industries, Balrampur Chini and Aditya Birla Nuvo.
Mitesh Thacker of miteshthacker.com recommends buying Biocon, Godrej Industries, LIC Housing Finance and Indo Count Industries and advises selling Divis Labs.
Kunal Saraogi of Equityrush recommends buying Karur Vysya Bank with a target of Rs 88 and advises selling Indiabulls Housing Finance with a target of Rs 630.
Vijay Chopra of enochventures.com is of the view that one may buy IDBI Bank with a target of Rs 75.
Rajat Bose of rajatkbose.com is of the view that Godrej Industries may hit Rs 419 while Shree Rama Newsprint may test Rs 39.
Ruchit Jain of Angel Broking is of the view that one may buy Godrej Industries with a target of Rs 401.
Sameet Chavan of Angel Broking is of the view that one may buy Havells India with a target of Rs 35.
Kunal Saraogi of Equityrush is of the view that one can buy PFC with target of Rs 130 and Ceat with target of Rs 1200.
According to Sameet Chavan of Angel Broking, one may buy Titan Company with a target of Rs 332.
Vijay Chopra of enochventures.com is of the view that one may buy Mawana Sugar with a target of Rs 45.
Vishal Malkan of malkansview.com is of the view that one may buy Biocon with a target of Rs 910.
According to Jay Thakkar of Sharekhan, one may sell ONGC with a target of Rs 258.10.
Rakesh Bansal of RK Global is of the view that one may buy Vakrangee with a target of Rs 284.
Ashwani Gujral of ashwanigujral.com recommends selling Torrent Pharma, Godrej Industries and Just Dial and advises buying HDFC and Petronet LNG.
Sandeep Wagle of powermywealth.com advises buying Godrej Industries, Shriram Transport Finance and Arvind.
Sandeep Wagle of powermywealth.com advises selling Godrej Industries and suggests buying Havells India.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money is of the view that Bajaj Finance and Godrej Industries are good bets for the next 2-3 trading sessions.