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
According to Sudarshan Sukhani of s2analytics.com, one may buy Rural Electrification Corporation and Power Finance Corporation.
SP Tulsian of sptulsian.com is of the view that one may go long in Rural Electrification Corporation.
According to Rajeev Agarwal of dynamixresearch.com, one may sell Adani Ports and Special Economic Zone with a target of Rs 132-125 and Grasim Industries with a target of Rs 2460-2350.
Sudarshan Sukhani of s2analytics.com advises selling Rural Electrification Corporation.
Larsen and Toubro, Adani Enterprises, Ranbaxy, L&T Finance. NBFCs like IDFC, Power Finance Corporation (PFC). Also REC, UCO Bank ahead of numbers today, Amara Raja, Radico Khaitan after Rakesh Jhunjhunwala bought stake yesterday, KSK Energy Venture and Elpro International.
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.
Pritesh Mehta of IIFL is of the view that Rural Electrification Corporation may touch Rs 190.
Sudarshan Sukhani of s2analytics.com recommends buying Maruti Suzuki India and United Spirits.
SP Tulsian of sptulsian.com feels that Rural Electrification Corporation (REC) may correct to Rs 200. "There is a profit booking, no more fresh buying which can make the stock to correct to a level of Rs 200," he adds.
SP Tulsian of sptulsian.com recommends selling Bank of Baroda with a target of Rs 636 and Allahabad Bank with a target of Rs 89.
Sudarshan Sukhani of s2analytics.com recommends buying Rural Electrification Corporation (REC).
Prakash Diwan of Altamount Capital Management recommends buying Himatsingka Seide with a target of Rs 49.90 and advises selling Dabur India with a target of Rs 156.
According to Sudarshan Sukhani of s2analytics.com, one may prefer Rural Electrification Corporation (REC).
Pritesh Mehta of IIFL is of the view that Rural Electrification Corporation (REC) may test Rs 195-196.
Vishal Malkan of malkansview.com recommends buying Arvind with a target of Rs 119 and Century Textiles and Industries with a target of Rs 300.
Vishal Malkan of malkansview.com advises buying Arvind for a target price of Rs 119 and Century Textiles for a target price of Rs 300.
Meghna Malkan of malkansview.com suggests buying HCL Technologies with a target of Rs 1142 and Arvind with a target of Rs 118.
According to Krish Subramanium of Asit C. Mehta, one may buy Tata Global Beverage with a target of Rs 178 and advises selling Rural Electrification Corporation (REC) with a target of around Rs 196.
According to Pritesh Mehta of IIFL, Rural Electrification Corporation may touch Rs 170.
Vishal Malkan of malkansview.com recommends buying Bata India with a target of Rs 925 and advises selling Indiabulls Real Estate October futures with a target price of Rs 60.
Sudarshan Sukhani of s2analytics.com recommends buying Rural Electrification Corporation (REC) on dips.
Meghana Malkan of malkansview.com recommends buying Canara Bank with a target of Rs 237 and a stoploss at Rs 231 and Gujarat State Petronet (GSPL) with a target of Rs 56 and a stoploss at Rs 52.5.
Sharmila Joshi of Peerless Securities advises buying Ipca Laboratories with a target price of Rs 734 and PVR with a target price of Rs 513.
Shardul Kulkarni of Angel Broking is negative on Rural Electrification Corporation (REC) and expects the stock to move to Rs 165 over the next 8-10 trading sessions.
Anand Rathi recommends buying Maruti Suzuki and Pidilite, while ICICI Direct has a buy on Havells and sell on REC.