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
Kunal Saraogi of Equityrush recommends buying Mahindra & Mahindra Financial Services with a target of Rs 310-315.
AK Prabharkar, Independent Advisor is of the view that one may buy Mahindra & Mahindra Financial Services for a target price of Rs 330 and Exide Industries for a target price of Rs 170.
Shahina Mukadam, Varun Capital advises buying Exide Industries for a target price of Rs 160 and Hexaware Technologies for a target price of Rs 203.
Vineet Bhatnagar, Managing Director at Phillipcapital has a positive view on NBFC space.
Onto the auto space, Nischint Chawathe of Kotak Institutional Equities feels commercial vehicle operators may witness some pick up in business backed by plunge in diesel prices.
Wockhardt is a daily breakout from a triangular pattern and it is a mini wedge pattern also, so technically Wockhardt is looking good for 8-10 percent up-move in the next one to two weeks, says AK Prabhakar, Independent Advisor.
AK Prabharkar, Independent Advisor advises buying Union Bank of India for a target price of Rs 255 and Mahindra & Mahindra Financial Services for a target price of Rs 315.
AK Prabhakar, Independent Advisor recommends buying Rural Electrification Corporation for a target price of Rs 263 and Mahindra & Mahindra Financial Services for a target price of Rs 315.
Dharmesh Kant, India Nivesh Securities advises buying Ahmednagar Forgings for a target price of Rs 430 and Cadila Healthcare for a target price of Rs 1,460.
According to Kunal Bothra of LKP Securities, Mahindra & Mahindra Financial Services may touch Rs 288-290.
Yogesh Mehta, Assoc VP-PCG Adv Equities of Motilal Oswal recommends shorting Mahindra & Mahindra Financial Services as the stock may test Rs 260-262.
Dipan Mehta, Member at BSE & NSE is neutral on banking space.
Sudarshan Sukhani of s2analytics.com recommends buying LIC Housing FInance and Mahindra & Mahindra Financial Services.
Amit Gupta of ICICIdirect expects 15-20 percent upside in Mahindra & Mahindra Financial Services.
Manav Chopra of Nirmal Bang Securities advises buying Rural Electrification Corporation with a target of Rs 300 and Canara Bank with a target of Rs 440.
Buy Shriram Transport Finance Corporation, Mahindra & Mahindra Financial Services, Kotak Mahindra Bank: Sudarshan Sukhani
Kunal Saraogi, CEO at Equityrush recommends buying Bharat Petroleum Corporation and Mahindra & Mahindra Financial Services.
AK Prabhakar, independent advisor recommends buying Union Bank of India and Sintex Industries.
Pankaj Jain of Sunteck Wealthmax recommends buying Mahindra & Mahindra Financial Services for long term at the current levels.
Pankaj Jain of Sunteck Wealthmax advises buying M&M Financial Services for a target price of Rs 293 and IRB Infrastructure for a target price of Rs 112.
According to Manas Jaiswal, technical analyst at manasjaiswal.com, one may buy Mahindra & Mahindra Financial Services as the stock may touch Rs 285 in next three to four trading sessions.
Pritesh Mehta of IIFL recommends buying Mahindra & Mahindra Financial Services as the stock may test Rs 295.
Vikrant Jadeja of Vibrant Trades advises buying Kotak Mahindra Bank with a target of Rs 708 and UPL with a target of Rs 195.
Vikrant Jadeja of Vibrant Trades suggests buying Idea Cellular with a target of Rs 138 and advises selling Mahindra & Mahindra Financial Services with target of Rs 233.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Mahindra & Mahindra Financial Services as the stock may rally to Rs 282-285.