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
Jay Thakkar of ShareKhan advises buying Bajaj Hindusthan with a target of Rs 22.30.
Rajat Bose of rajatkbose.com is of the view that IRB Infra may test Rs 270 and expects upside in BGR Energy.
Sudarshan Sukhani of s2analytics.com feels that Hero Motocorp may go above Rs 3000.
Krish Subramanyam of Altamount Capital advises buying Alembic with a target of Rs 50.50.
Rahul Shah of Motilal Oswal recommends selling Allahabad Bank for a target of Rs 65.
Dharmesh Kant of India Nivesh Securities is of the view that one may buy NCC with a target of Rs 90.
Shahina Mukadam, Independent Market Expert advises buying Ashok Leyland with a target of Rs 94.
Sudarshan Sukhani of s2analytics.com is of the view that one may see lower levels in IRB Infrastructure Developers.
Vishal Malkan of malkansview.com advises selling CESC with a target of Rs 540.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities recommends selling Vedanta and IRB Infra.
Rakesh Bansal of RK Global recommends selling Ceat, HDIL, IRB Infra and Aurobindo Pharma.
Sudarshan Sukhani of s2analytics.com recommends selling IRB Infrastructure and also PSU banks including Andhra Bank.
Vishal Malkan of malkansview.com is of the view that one may buy Ashok Leyland with a target of Rs 97.
Rahul Mohindar of viratechindia.com recommends buying IRB Infrastructure Developers for a target of Rs 265-270.
Jay Thakkar of ShareKhan is of the view that one may sell IDBI Bank with a target of Rs 79.
Meghana V Malkan of malkansview.com recommends buying Dish TV India with a stoploss at Rs 103 and target of Rs 114 and NIIT with a stoploss at Rs 92 and target of Rs 110.
Hemen Kapadia of KRChoksey Securities is of the view that one may buy Bharat Forge with a target of Rs 964.
CA Rudramurthy BV of Vachana Investments advises buying UFO Moviez India with a target of Rs 640.
Dhananjay Sinha, Head-Instl Research of Emkay Global Financial Services is of the view that Ahluwalia Contracts is the top pick and feels that one may consider Larsen & Toubro.
Ajay Bagga, Market Expert is of the view that one may look at the infrastructure and cement space.
Sudarshan Sukhani of s2analytics.com is of the view that one may see lower levels in IRB Infrastructure Developers.
Kunal Bothra of LKP Securities is of the view that one may buy JK Tyre and industries with a target of Rs 125.
CA Rudramurthy of Vachana Investments is of the view that one can avoid realty and infra space.
Tirthankar Patnaik - India Strategist at Mizuho Bank has a positive view on consumer durables space but is cautious on PSU banks, telecom, cement and infrastructure.
According to Hemen Kapadia of KR Choksey Securities, one may stay invested in IRB Infrastructure Developers.