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
Prakash Diwan of prakashdiwan.in is of the view that one can buy Maruti Suzuki and Mahindra & Mahindra at these levels.
Here are top 10 stocks to watch for today - BPCL, HPCL, IOC, Rel Infra, REC, Maruti, Hero Motocorp, Ashok Leyland, M&M, Tata Motors, SPARC, Cadila, IDBI Bank, IL&FS Transportation, Siti Cable, GM Breweries, Minda Industries, Spicejet, Arvind Infra and Kesoram Industries.
Rahul Mohindar of viratechindia.com advises buying Mahindra and Mahindra with a target of Rs 1320.
Sudarshan Sukhani of s2analytics.com is upbeat on Mahindra and Mahindra.
Neeraj Deewan of Quantum Securities is of the view that one may look at Mahindra and Mahindra.
Prakash Diwan, Director of Altamount Capital Management recommends buying M&M and feels that Reliance Industries may test Rs 1080.
Amit Gupta of ICICIdirect recommends trading Mahindra & Mahindra 1300 Call.
Rajat Bose of rajatbose.com recommends selling Mahindra & Mahindra.
CA Rudramurthy BV - Research Head at Vachana Investments recommends selling Mahindra & Mahindra for a target of Rs 1150.
Sudarshan Sukhani of s2analytics.com recommends selling Apollo Tyres.
Sudarshan Sukhani,s2analytics.com is of the view that one can buy M&M at around Rs 1200.
Sudarshan Sukhani of s2analytics.com recommends selling Tata Motors and advises buying Maruti Suzuki on dips.
Mihir Jhaveri, Religare Capital Markets does not expect any immediate earnings impact, as only about 2 percent of the company‘s sales is in the Delhi market.
Prakash Gaba of prakashgaba.com likes Kotak Mahindra Bank with a target of Rs 695 and Colgate Palmolive with a target of Rs 1010-1020 and advises going long in India Cements.
Rajat Bose of rajatkbose.com is of the view that one can sell Mahindra & Mahindra if the stock slips below Rs 1228.
Kotak says that it would have been better if Tech Mahindra had put its cash to acquire capabilities in the digital or financial services domain, instead. Tech Mahindra needs to be prudent on cash management or else it will risk losing investor confidence in capital allocation decisions.
Rajat Bose of rajatkbose.com recommends buying Maruti Suzuki with a target of Rs 4705.
Jai Bala, Head-Technical & Cross Asset Strategy of 1857 Advisors feels that Mahindra and Mahindra may slip to Rs 1010-1025.
Prakash Gaba of prakashgaba.com recommends going long in Bosch and Tata Steel.
Bhavin Desai of Motilal Oswal Securities recommends shorting Mahindra & Mahindra with a target of Rs 1250.
Simi Bhaumik of simibhaumik.com is bullish on M&M with a target of Rs 435-455.
Prakash Gaba of prakashgaba.com recommends buying Mahindra and Mahindra with a target of Rs 2000.
VK Sharma of HDFC Securities suggests buying M&M 1360 Call.
Prakash Gaba of prakashgaba.com likes Tata Motors and feels that the stock can climb to Rs 450.
Sameet Chavan of Angel Broking suggests buying Godrej Industries with a target of Rs 406.