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
Vishal Jajoo of Nirmal Bang recommends buying Delta Corp with a target of Rs 65 and Polaris Financial Technology.
Vishal Jajoo of Nirmal Bang advises buying Polaris Financial Technology with a target price of Rs 128 and Delta Corp with a target price of Rs 65.
Sharmila Joshi of Peerless Securities recommends buying Polaris Financial Technology with a target of Rs 120 and United Phosphorous with a target of Rs 142.
Pankaj Jain of Sunteck Wealthmax advised buying YES Bank with a target price of Rs 306 and Jaiprakash Power Ventures with a target price of Rs 15.75.
Sudarshan Sukhani of s2analytics.com recommends holding on to Polaris Financial Technology as the stock suggests that it has more upside. "Short-term traders should get out of it as the stock may face resistance at Rs 125-130," he adds.
According to Shahina Mukadam of Varun Capital, one may buy Polaris with a target of Rs 122 and advises selling Federal Bank September futures with a target of Rs 215.
Vishal Malkan of malkansview.com advised selling Idea Cellular September futures for a target price of Rs 144 and Hindustan Zinc September futures for a target price of Rs 113.
According to Pankaj Jain of Sunteck Wealthmax, one may go long on Bharat Forge with a target of Rs 259.50 and Polaris Financial Technology with a target of Rs 117.95.
Aashish Tater of Fortunewizard.com advised buying GVK Power with a target price of Rs 7.40 and IRB Infrastructure with a target price of Rs 65.
According to Aashish Tater of Fortunewizard.com, one may go long on Polaris Financial Technology with a target of Rs 111 and buy Vijaya Bank.
Aashish Tater of Fortunewizard.com advised buying Polaris with a target price of Rs 111 and Vijaya Bank with a target price of Rs 38.
According to Sharmila Joshi of Peerless Securities, one may buy Tata Global Beverage with a target of Rs 144 and sell IFCI with a target of Rs 19.
Vishal Malkan of malkansview.com advised buying Tata Motors DVR for a target price of Rs 150 and Jaiprakash Power Ventures for a target price of Rs 14.25.
According to Sharmila Joshi of Peerless Securities, one may buy IRB Infrastructure Developers with a target of Rs 103 and advises to also buy Polaris Financial Technology with a target of Rs 116 and a stop loss at Rs 112.
Sharmila Joshi of Peerless Securities advised buying IRB Infrastructure with a target price of Rs 103 and Polaris with a target price of Rs 116.
According to Shahina Mukadam of Varun Capital, one may buy Zee Entertainment with a target of Rs 254 and sell Hindustan Petroleum Corporation (HPCL) with a target of Rs 228.
Sharmila Joshi of Peerless Securities advised buying United Phosphorous with a target price of Rs 142 and Sun Pharma Advanced Research with a target price of Rs 142.
Parag Doctor, Head, Trading Strategies of Keynote Capital's advises to exit Polaris Financial Technology at around Rs 120 level.
VK Sharma, Head Private Broking & Wealth Management is of the opinion that one may sell Polaris Financial Technology.
Aashish Tater of fortunewizard.com advices going long in Polaris Financial Technology for a target of close to Rs 118. He also recommends going long on Dhanlaxmi Bank for a target of close to Rs 37 and a stop loss of Rs 33.50.
Aashish Tater of Fortunewizard.com advised buying Strides Arcolab with a target price of Rs 920 and Polaris Financial Technology with a target price of Rs 118.
Sudarshan Sukhani of s2analytics.com recommends to buy Polaris Financial Technology as it has come down to strong support levels after correction.
Rajesh Agarwal of Eastern Financiers recommends buying Mahindra Ugine, Polaris Financial Technology, SREI Infrastructure and Orchid Chemicals.
One can buy Polaris Financial Technology, says Sudarshan Sukhani of s2analytics.com.
Rajesh Agarwal of Eastern Financiers recommended to buy Mahindra Ugine for a target price of Rs 77 and buy Polaris for a target price of Rs 127.