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
Dipen Sheth, Head-Instl Research at HDFC Securities likes Asian Paints and feels that one may prefer Pidilite Industries.
Prakash Gabaof prakashgaba.com recommends going long in Pidilite Industries and advises shorting GAIL India and feels that Axis Bank looks weak.
Rahul Shah of Motilal Oswal recommends buying Reliance Infra 600 Put, Ashok Leyland and Pidilite Industries.
Prakash Gaba of prakashgaba.com recommends going long in Hindustan Zinc and feels that Tata Motors looks weak.
Sudarshan Sukhani of s2analytics.com recommends selling Pidilite Industries.
Rahul Mohindar of viratechindia.com feels that Pidilite Industries may test Rs 575.
Rahul Mohindar of viratechindia.com advises buying Pidilite Industries with a target of Rs 575.
Rahul Shah of Motilal Oswal advises buying Pidilite Industries, Voltas and suggests selling Just Dial.
Parag Thakkar of HDFC Securities recommends buying Pidilite Industries on dips and is bullish on Kotak Mahindra Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may see downside in Pidilite Industries.
Parag Thakkar of HDFC Securities recommends buying Pidilite Industries on dips.
Rahul Mohindar of viratechindia.com feels that IFCI may test Rs 29.50.
Hemen Kapadia of KR Choksey Securities advises buying Pidilite Industries and LIC Housing Finance.
Ambareesh Baliga, Market Expert is of the view that Pidilite Industries may test Rs 580-590.
Gaurav Bissa, Derivatives Analyst at LKP Securities recommends buying Pidilite Industries and Dish TV.
Sahil Kapoor of Edelweiss Financial Services recommends buying Natco Pharma, Pidilite Industries and Cholamandalam Investment.
Sacchitanand Uttekar of Motilal Oswal Financial Services recommends going long in BPCL and likes Pidilite Industries and PVR.
Sahil Kapoor of Edelweiss Financial Services recommends buying Tata Communications, Godrej Industries and Pidilite Industries.
Sahil Kapoor of Edelweiss Financial Services is of the view that one can buy Pidilite Industries for a target of Rs 700.
CA Rudramurthy BV of Vachana Investments advises buying UFO Moviez India with a target of Rs 640.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Pidilite Industries.
Sahil Kapoor of Edelweiss Financial Services recommends buying Pidilite Industries as the stock may test Rs 630-650 over a period of next few weeks.
Parag Thakkar of HDFC Securities likes Asian Paints, Pidilite Industries and Castrol and says that ITC is a contra play.
Rakesh Bansal of RK Global advises buying Bank of Baroda with a target of Rs 197.
Jay Thakkar of Sharekhan advises buying Mahindra & Mahindra Financial Services with a target of Rs 272.