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
Amit Gupta, head-derivatives at ICICI Direct recommends entering Mahindra and Mahindra at around Rs 980 as the stock may move up by Rs 100.
Apollo Tyres has given a break down from the rising trend line and now with rupee becoming stronger this export is showing some pressure and can correct till Rs 118 on a lower side, says AK Prabharkar, Independent Advisor.
Independent Technical Analyst, Rakesh Gandhi advises buying Bata India for a target price of Rs 1,124 and Godrej Industries for a target price of Rs 308.
According to Sharmila Joshi of sharmilajoshi.com, one may prefer Tata Motors DVR and Mahindra and Mahindra.
Pritesh Mehta of IIFL suggests buying Dishman Pharmaceuticals & Chemicals with a target of Rs 96 and IDFC with a target of Rs 109.
Rajen Shah, CIO of Angel Broking prefers Mahindra and Mahindra over Tata Motors.
According to Ajay Srivastava, CEO of Dimensions Consulting, one may prefer Maruti Suzuki India and Mahindra and Mahindra.
Checkout the top ten stocks that CNBC-TV18's research team would like you to focus on: IOC, RIL, ICICI Bank, JP Power, JP Associates, MARUTI, Tata Motors, TVS Motor, Mahindra and Mahindra and HT Media.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer Tata Motors DVR and Mahindra and Mahindra.
Ashish Chaturmohta of Fortune Equity Broker recommends going long in Mahindra and Mahindra as the stock may touch Rs 1010-1020 in next three-five trading sessions.
Amit Gupta, head-derivatives of ICICI Direct has a positive view on Mahindra and Mahindra and feels that the stock may test atleast Rs 1000.
Aditya Agarwal Of Way2Wealth.com recommends going long in Mahindra and Mahindra as the stock may test Rs 975-980.
Jigar Shah, senior VP and HOR at Kim Eng Sec India prefers Maruti Suzuki India, Mahindra and Mahindra, Tata Motors and Bajaj Auto within the automobile space.
Amit Gupta, head- derivatives at ICICI Direct is of the view that Mahindra and Mahindra may test Rs 975.
Nishant Vass of ICICI Direct is of the view that one may buy Mahindra and Mahindra with a target of Rs 1033.
Aditya Agarwal of Way2wealth advises buying Mcleod Russel (India) with a target of Rs 265-268 and IDBI Bank with a target of Rs 60.
SP Tulsian of sptulsian.com has a positive view on Mahindra and Mahindra and feels that the stock may test Rs 960-965.
Pritesh Mehta of IIFL recommends holding on to Mahindra and Mahindra as the stock may test Rs 950.
Chandan Taparia of Anand Rath recommends buying Mahindra and Mahindra for the upside target of Rs 935-938.
VK Sharma of HDFC Securities recommends buying Mahindra and Mahindra 590 Call at around Rs 10.
Bhavin Desai of Motilal Oswal Securities is of the view that one may buy Mahindra and Mahindra 900 call.
These should be the top 10 stocks that you should be on one's radar - TCS, M&M, Tec Mahindra, Telecom, Jubilant Foods, BHEL, Ranbaxy, PFC, Mphasis Aand Vardhman Textiles.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Mahindra and Mahindra and Jindal Steel & Power.
Neeraj Deewan of Quantum Securities advises to prefer Tata Motors and Mahindra and Mahindra from auto space.
Shardul Kulkarni of Angel Broking suggests exiting Mahindra and Mahindra at around Rs 900-905.