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
Ashwani Gujral of ashwanigujral.com recommends buying Union Bank and Kitex Garments.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HDFC and Century Textiles and advises selling REC and Cipla.
Ashwani Gujral of ashwanigujral.com recommends selling Ceat and Rural Electrification Corporation and advises buying Titan Company.
Siddarth Bhamre of Angel Broking is of the view that one can go long in Rural Electrification Corporation for a target of Rs 191 as well as Jet Airways.
Ashwani Gujral of ashwanigujral.com recommends selling Maruti Suzuki and Asian Paints and advises buying Tata Consultancy Services, Indiabulls Housing Finance and Rural Electrification Corporation.
Ashish Kyal of wavesstrategy.com advises selling Lupin with a target of Rs 1570.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy GAIL India, Axis Bank and Rural Electrification Corporation.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ajanta Pharma, DHFL, REC, Britannia and SKS Microfinance.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Rural Electrification Corporation and Housing Development and Infrastructure.
Ashwani Gujral, Fund Manager at ashwanigujral.com recommends buying Rural Electrification Corporation and advises selling Just Dial and Adani Ports.
Sharmila Joshi of sharmilajoshi.com is of the view that one may sell Bharat Forge with a target of Rs 1046.
Ashwani Gujral of ashwanigujral.com recommends buying JSW Steel, Amara Raja Batteries and Rural Electrification Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Rural Electrification Corporation and advises selling Bajaj Finance and HPCL.
Vishal Malkan of malkansview.com suggests holding Rural Electrification Corporation as it may test Rs 200-220.
Sameet Chavan of Angel Broking recommends buying Rural Electrification Corporation and advises selling Tata Consultancy Services.
Bhavin Desai of Motilal Oswal Securities recommends buying Shriram Transport Finance Corporation and feels that REC may test Rs 160.
Gaurang Shah of Geojit BNP Paribas Financial Services feels that Rural Electrification Corporation may move to Rs 335-340.
Manas Jaiswal of manasjaiswal.com recommends selling Apollo Tyres, Motherson Sumi and Rural Electric Corporation.
Here are top 10 stocks to watch for today - BPCL, HPCL, IOC, Rel Infra, REC, Maruti, Hero Motocorp, Ashok Leyland, M&M, Tata Motors, SPARC, Cadila, IDBI Bank, IL&FS Transportation, Siti Cable, GM Breweries, Minda Industries, Spicejet, Arvind Infra and Kesoram Industries.
Chandan Taparia of Anand Rathi Securities advises buying Rural Electrification Corporation.
Sameet Chavan of Angel Broking is of the view that one may buy Rural Electrification Corporation with a target of Rs 239.
Shahina Mukadam, Independent Market Expert is of the view that one may stay invested in Rural Electrification Corporation with a target of Rs 270.
Gaurav Bissa, Derivatives Analyst of LKP Securities is of the view that one can exit REC on bounce.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy IDFC with a target of Rs 56.
Shubham Agarwal of Motilal Oswal Securities feels that Rural Electrification Corporation may slip to Rs 210.