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
Hemen Kapadia of KR Choksey Securities is of the view that one may hold Jain Irrigation Systems.
Akshata Deshmukh of Trading Networth Stock Broking advises holding Jain Irrigation Systems.
Manas Jaiswal, technical analyst at manasjaiswal.com is of the view that Jain Irrigation Systems may test Rs 95.
Sharmila Joshi, Market Expert recommends buying Jain Irrigation Systems for a target of Rs 96 and VIP Industries for a target of Rs 104.
Sharmila Joshi, sharmilajoshi.com advises buying Sintex Industries for a target price of Rs 39.8 and VIP Industries for a target price of Rs 76.
Akshata Deshmukh, Networth Capital advises buying Jain Irrigation for a target price of Rs 62.25 and Dena Bank for a target price of Rs 55.90.
According to Vishal Malkan of malkansview.com, one may buy Idea Cellular with a target of Rs 138 and advises selling Jain Irrigation Systems with a target of Rs 57.
Dharmesh Kant, Indianivesh Securities advises buying Bank of India for a target price of Rs 190 and Bharat Forge for a target price of Rs 410.
Kunal Saraogi, Equityrush advises buying JSW Energy for a target price of Rs 53 and BPCL for a target price of Rs 390.
Sudarshan Sukhani of s2analytics.com is of the view that Jain Irrigation Systems may head lower and test Rs 55.
Here are the top 10 stocks that are expected to show smart moves today.
Manas Jaiswal of manasjaiswal.com advises shorting Jain Irrigation Systems with a target of Rs 58 and stop loss of Rs 63.
Pankaj Jain of Sunteck Wealthmax Capital is of the view that one may hold Jain Irrigation Systems.
Manav Chopra of Nirmal Bang recommends buying YES Bank with a target of Rs 315 and Unitech with a target of Rs 14.
Prakash Diwan of Altamount Capital Management advises going long in Suzlon Energy for a target price fo Rs 11.90 and Bharat Forge for a target price of Rs 349.
Manav Chopra of Nirmal Bang recommends buying IDBI Bank with a target of Rs 57 and advises selling Crompton Greaves future with a target of Rs 105.
Dharmesh Kant of Indianivesh Securities advises buying UPL for a target price of Rs 210 and YES Bank for a target price of Rs 330.
According to Pankaj Jain of Sunteck Wealthmax, one may short Jain Irrigation Systems for a target price of Rs 59 and Syndicate Bank for a target price of Rs 78.10.
Independent Technical Analyst Rakesh Gandhi advises selling Allahabad Bank for a target price of Rs 75.5 and Jindal Steel and Power for a target price of Rs 246.25.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Jain Irrigation Systems.
According to Hemen Kapadia of KR Choksey Securities, one may buy Ranbaxy Laboratories with a target of Rs 417 and State Bank of India (SBI) with a target of Rs 1661.
SP Tulsian of sptulsian.com is of the view that one may buy Jain Irrigation Systems for a level of Rs 74 with stop loss of Rs 72.
SP Tulsian of sptulsian.com is of the view that Jain Irrigation Systems may move to Rs 74.50. "I am keeping the positive stance for January series," he adds.
Sudarshan Sukhani of s2analytics.com advises holding Jain Irrigation Systems with a long term view.
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.