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
Nooresh Merani of Analyse India is of the view that Rural Electrification Corporation may test Rs 370-390.
Manas Jaiswal of manasjaiswal.com recommends buying Rural Electrification Corporation as the stock may test Rs 355.
Kunal Bothra of LKP Securities is of the view that Rural Electrification Corporation may test Rs 365-370.
Chandan Taparia of Anand Rathi Securities recommends going long in LIC Housing Finance with a target of Rs 520.
Gaurav Bissa of LKP Securities recommends buying Rural Electrification Corporation with a target of Rs 335.
According to Sudarshan Sukhani of s2analytics.com, investors can buy Rural Electrification Corporation and Power Finance Corporation on dips.
According to Sudarshan Sukhani of s2analytics.com, one may go long in NBFC stocks.
Gaurav Bissa of LKP Securities suggests buying Canara Bank, Rural Electrification Corporation and UPL.
According to Chandan Taparia of Anand Rathi Securities, Rural Electrification Corporation may test Rs 352.
Rajat Bose of rajatkbose.com is of the view that REC is a good bet with a target of Rs 337-343.
Here are top 10 stocks to focus on December 19 - REC, Bank of India, CNX IT Index, TCS, HDFC Bank, Crompton Greaves, Spicejet, GMM Pfaudler, GMDC and India Glycol.
Sudarshan Sukhani of s2analytics.com recommends buying Power Finance Corporation at current levels.
Manoj Murlidharan of Religare Securities recommends buying Rural Electrification Corporation and Hexaware Technologies.
Here are top 10 stocks to keep an eye on December 10 - HPCL, Eicher Motor, Bharti Airtel, Idea Cellular, Spicejet, PFC, REC, HOEC, JSW Steel and SKS Micro.
Devang Mehta of Anand Rathi Financial Services is of the view that one can prefer Rural Electrification Corporation, Power Finance Corporation, LIC Housing Finance and Mahindra & Mahindra Financial Services.
Chandan Taparia of Anand Rathi Securities has a positive view on REC.
Chandan Taparia of Anand Rathi is of the view that REC may test Rs 352.
Speaking on the sidelines of the Small and Midcap Conference, Dilip Bhat, managing director, Prabhudas Lilladher, says the brokerage firm believes in quality and hence has invested into stocks that may be relatively overpriced.
Pankaj Jain of Sunteck Wealthmax advises buying SpiceJet with a target price of Rs 17.65 and Man Industries with a target price of Rs 87.50.
Kunal Bothra, Head of Advisory at LKP is of the view that REC may hit Rs 310-320.
According to Jitendra Panda of Peerless Securities, one can pick Rural Electrification Corporation with a target of Rs 315.
Manoj Murlidharan of Religare Securities recommends buying Cipla and feels that Reliance Industries may move up by 7 percent.
Kunal Bothra of LKP Securities is of the view that Rural Electrification Corporation may hit Rs 310.
AK Prabhakar, Independent Advisor advises buying KEC International, Rural Electrification Corporation, Sintex Industries and Coromandel International.
Shahina Mukadam, Varun Capital advises buying Kalpataru Power for a target price of Rs 163 and Den Networks for a target price of Rs 186.