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
Mitesh Thacker of miteshthacker.com is of the view that one may buy Oriental Bank of Commerce, ABG Shipyard and Godrej Industries.
Kunal Saraogi of Equityrush recommends buying Jain Irrigation with target of Rs 101 and Bank of India with target of Rs 130.
Sandeep Wagle of powermywealth.com is of the view that one can sell Bharat Heavy Electricals and Godrej Industries and buy Cipla.
Ruchit Jain of Angel Broking advises buying Ipca Laboratories with a target of Rs 560.
Sandeep Wagle of powermywealth.com is of the view that one can buy Cadila Healthcare and DEN Networks and advises selling Godrej Industries.
In an interview to CNBC-TV18, Manoj Murlidharan of Religare Securities shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Jay Thakkar of Sharekhan suggest buying Bharat Electronics with a target of Rs 1322.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ajanta Pharma, Godrej Industries and UltraTech Cement.
According to Ashwani Gujral of ashwanigujral.com, one can buy PC Jeweller and Godrej Industries and sell Hindalco Industries.
Gautam Chhaochharia, Head-India Research at UBS is neutral on consumer staples and discretionary space.
Chandan Taparia of Anand Rathi Securities is of the view that one can buy Hindustan Unilever, Container Corporation of India and Ambuja Cements and sell Tata Consultancy Services.
Gaurav Ratnaparkhi of Sharekhan advises buying Voltas with a target of Rs 341.
According to Sudarshan Sukhani of s2analytics.com, one can buy Godrej Industries.
Sameet Chavan of Angel Broking suggests buying Apollo Tyres with a target of Rs 157.
Ashwani Gujral of ashwanigujral.com recommends buying PVR and advises selling Godrej Industries and Havells India.
Amit Gupta, Head - Derivatives at ICICIdirect is of the view that Britannia Industries can give good risk reward while Godrej Industries may head higher.
Hemant Thukral of Aditya Birla Money recommends buying Mahindra and Mahindra and Godrej Industries.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Allcargo Global with a target of Rs 180.
Mitesh Panchal of Affluence Shares & Stocks is of the view that one may buy Glenmark Pharma with a target of Rs 800.
According to Amit Gupta of ICICIdirect, Godrej Industries may test Rs 410-415 and prefers Dabur India.
Hemant Thukral of Aditya Birla Money feels that Godrej Industries may test Rs 368-370.
According to Sudarshan Sukhani of s2analytics.com, one may buy NTPC and Godrej Industries.
Prakash Gaba of prakashgaba.com feels that Kotak Mahindra Bank may test Rs 780 and HUL may climb closer to Rs 900.
CA Rudramurthy is of the view that one may buy Balrampur Chini Mills with a target of Rs 119.
Manish Sharma of derivativetradingresearch.com is of the view that one may buy Tata Global with a target of Rs 128.