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
Manas Jaiswal of manasjaiswal.com recommends shorting Hindustan Zinc as the stock may head lower and test Rs 154.
Parag Thakkar of HDFC Securities is of the view that one may prefer private sector banks.
Sudarshan Sukhani of s2analytics.com recommends holding Hindustan Zinc.
Amit Harchekar of A Plus Analytics recommends buying Hindustan Zinc, Tata Steel and advises selling HCL Technologies.
Amit Harchekar of aplusanalytics.com is of the view that Hindustan Zinc may test Rs 185.
Sudarshan Sukhani of s2analytics.com suggests buying Idea Cellular and Hindustan Zinc.
Here are top 10 stocks to focus on January 20 – Sintex Industries, JSW Energy, banks, Hindustan Unilever (HUL), Mindtree, CCL Products, Sasken Communication, Kesoram Industries, Hindustan Zinc, Vedanta, MRF, Cairn India, Adani Power, Lanco Infra and Suzlon.
Gaurav Bissa of LKP Securities recommends holding Hindustan Zinc.
Here are top 10 stocks to focus on January 12 – Marico Industries, Hindustan Unilever (HUL), Infosys, United Spirits Ltd (USL), LIC Housing Finance, Adani Enterprises, Sesa Sterlite, Hindustan Zinc Limited, Cairn India, Kansai Nerolac Paints and Pipavav Defence.
Kunal Bothra of LKP Securities is of the view that Hindustan Zinc may test Rs 190.
Amit Harchekar of aplusanalytics recommends buying Hindustan Zinc as the stock may test Rs 200-205.
Manav Chopra of Nirmal Bang is of the view that one may buy Credit Analysis and Research with a target of Rs 1520 and buy Hindustan Zinc with a target of Rs 172.
Kunal Saraogi of Equityrush recommends going long in Hindustan Zinc with a target of Rs 172-175.
Shahina Mukadam, Varun Capital advises buying DCB Bank for a target price of Rs 105 and Escorts for a target price of Rs 160.
Kunal Saraogi of Equityrush advises buying Apollo Hospitals Enterprises with a target of Rs 1190 and Mahindra & Mahindra Financial Services with a target of Rs 316.
Hemen Kapadia of KR Choksey Securities advises buying Hindustan Zinc with a target of Rs 172 and suggests selling Bharti Airtel with a target of Rs 405.
Akshata Deshmukh, Networth Stock Broking advises buying Strides Acrolab for a target price of Rs 790 and Mindtree for a target price of Rs 1,088.
Manas Jaiswal of manasjaiswal.com recommends buying Hindustan Zinc at current levels with a target of Rs 177.
Prasad Baji, Senior VP, Institutional Equities – Research, Edelweiss Financial Services sees the hike of royalty on iron ore being passed on by the ferrous metal companies.
Amit Harchekar, Chief Technical Strategist at A PLUS Analytics is of the view that one may sell Hindustan Zinc as the stock may head lower and test Rs 110.
Sudarshan Sukhani of s2analytics.com recommends selling Hindustan Zinc and India Cements.
SP Tulsian of sptulsian.com feels that Hindustan Zinc may test Rs 135.
SP Tulsian of sptulsina.com feels that Sesa Sterlite may not slip below Rs 190.
Rakesh Arora, Head of Research at Macquarie Capital Securities advises exiting Hindustan Zinc and buying Sesa Sterlite.
SP Tulsian of sptulsian.com feels that Hindustan Zinc may touch Rs 145-148.