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
AK Prabharkar, Independent Advisor advises buying Sadbhav Engineering for a target price of Rs 243 and Sail for a target price of Rs 92.
Rahul Singh, Head of Equity Research at Standard Chartered Securities is of the view that one may prefer Sobha Developers, Prestige Estates Projects and DLF.
SP Tulsian of sptulisan.com has a bullish stance on the real estate space and feels that DLF, Prestige Estate, Brigade Enterprise and Indiabulls Real Estate may give good returns.
These are the ten stocks you should be eyeing today as market hits new highs.
Paras Bothra of Ashika Stock Broking advises buying PC Jeweller with a target of Rs 86 and United Breweries with a target of Rs 870.
Vishal Malkan of malkansview.com advises buying Adani Power for a target price of Rs 36.5 and Ambuja Cements for a target price of Rs 176.
Independent Advisor AK Prabharkar advises buying Maruti Suzuki for a target price of Rs 1980 and Rural Electrification Corporation for a target price of Rs 205.
Sudarshan Sukhani of s2analytics.com recommends buying Indiabulls Real Estate, Housing Development and Infrastructure and Prestige Estates on dip.
Pankaj Jain of Sunteck Wealthmax advises buying CEAT for a target price of Rs 229.50 and JK Tyre for a target price of Rs 139.75.
SP Tulsian of sptulsian.com is positive on Eicher Motors and neutral on Prestige Estates Projects.
SP Tulsian of sptulsian.com advises to Prestige Estate, Indiabulls Real Estate or DLF over Housing Development and Infrastructure (HDIL).
One may buy SpiceJet for a target of Rs 28.50 and stop loss of Rs 26.70. This could be a very good bet from short-term perspective, says Aashish Tater of Fortunewizard.com.
Vishal Malkan of malkansview.com recommended selling Adani Enterprises August future for a target price of Rs 171 and Dish TV August future for a target price of Rs 49.25.
SP Tulsian of sptulsian.com advises buying HDIL with a target price of Rs 37.50 and Bajaj Finserv with a target price of Rs 688.
SP Tulsian of sptulsian.com recommends to buy Mangalore Chemicals with a day target of Rs 45.50 and buy Edelweiss Financial with a day target of Rs 33.50.
SP Tulsian of sptulsian.com recommends to buy Mangalore Chemicals with a target price of Rs 45.50 and Edelweiss Financial with a target price of Rs 33.50.
Jagannadham Thununguntla, Strategist & Head of Research, SMC Global Securities says that Sobha Developers and Prestige Estates are the real estate stocks one may invest into.
Sudarshan Sukhani of s2analytics.com recommends avoiding HDIL. He suggests buying DLF, Indiabulls Real Estatein, Prestige Estates and Nitesh Estates stocks.
Indiabulls Real Estate can move to a level of Rs 110 in 12 months or so, says SP Tulsian, sptulsian.com. The company posted good Q4 numbers and thereafter buying seen into the stock and this buying momentum is likely to continue,†he adds.
Aashish Tater of FortuneWizard.com has recommended buy rating on Prestige Estate Projects, HeidelbergCement India and Zee Entertainment while he maintained sell rating on Oracle Financial and Adani Power.
Angel Broking‘s CIO, Rajen Shah advised avoiding Prestige Estates. According to him, the stock is fairly priced.
Rajen Shah, CIO Angel Broking, bullish on L&T, M&M, Aptech. However, he recommends avoiding Prestige Estates.
Pankaj Jain of Sunteck Wealthmax advised buying BF Utilities with a target price of Rs 316. Meanwhile, Aashish Tater of FortuneWizard.com recommended going short in Oracle Financial Services with a target price of Rs 2300.
Ashu Madan, President of Core Client Group at Religare Securities said he would continue to hold Prestige Estates with a long term perspective.
SP Tulsian of sptulsian.com has recommended buy rating on Jaypee Infratech, Heidelberg Cement, JM Financial and Prestige Estates.