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
Manish Sharma of derivativetradingresearch is of the view that one may buy Petronet LNG with a target of Rs 280.
Rajat Bose of rajatkbose.com recommends going long in JSPL and feels that Maruti Suzuki looks good for a target of Rs 3930.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy JSPL, Mahindra & Mahindra Financial Services and Ashok Leyland.
Krish Subramanyam of Altamount Capital advises buying NIIT with a target of Rs 87.
Prakash Gaba of prakashgaba.com is of the view that Allahabad Bank may test Rs 65 while Divis Lab may hit Rs 1083.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals, JSPL and Jubilant Foodworks.
Sudarshan Sukhani of s2analytics.com recommends buying Maruti Suzuki, Kotak Mahindra Bank and JSPL.
Sarvendra Srivastava of Phisense.com advises buying Arvind with a target of Rs 271.9.
SP Tulsian of sptulsian.com is of the view that one may avoid Hindalco Industries.
Rajat Bose of rajatkbose.com is of the view that Infosys may test Rs 1210 while Maruti may hit Rs 3510.
Sandeep Wagle of powermywealth.com is of the view that one may buy Jindal Steel and Canara Bank.
Jay Thakkar of Sharekhan suggests buying Wockhardt with a target of Rs 1009.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities recommends buying TVS Motor, Tata Chemicals and Havells India and advises selling Jindal Steel & Power and Bharat Heavy Electricals.
Ashwani Gujral of ashwanigujral.com recommends selling JSPL and Ashok Leyland and adivses buying Tata Consultancy Services.
Manish Sharma of derivativetradingresearch.com suggests buying Just Dial with a target of Rs 580.
Ashwani Gujral of ashwanigujral.com recommends buying Syndicate Bank and JSPL and advises selling Just Dial.
Ajay Bodke of Prabhudas Lilladher is of the view that one may prefer JSPL, JSW Steel and Tata Steel.
The government is expected to notify minimum import prices (MIP) on certain steel products. The government could levy USD 360 per tonne on semi-finished slabs and USD 450 per tonne on hot rolled steel products, say sources.
Chandan Taparia of Anand Rathi Securities recommends going long in IDBI Bank and advises selling Jindal Steel and Bata India.
Rakesh Bansal of RK Global suggests selling CESC with a target of Rs 405.
Manas Jaiswal of manasjaiswal.com suggests selling Glenmark Pharma with a target of Rs 700.
Chandan Taparia of Anand Rathi Securities recommends buying Colgate palmolive, Voltas and Arvind and advises selling JSPL.
JK Jain of Karvy Stock Broking is of the view that one can short Arvind and Jindal Steel & Power.
Rahul Shah of Motilal Oswal recommends shorting JSPL and advises buying Bajaj Finance.
Hemant Thukral of Aditya Birla Money is of the view that one metal stocks will see some selling pressure.