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
Sudarshan Sukhani of s2analytics.com recommends selling Reliance Power as the downtrend is going to continue in it.
Sudarshan Sukhani of s2analytics.com recommends exiting Reliance Power.
Sudarshan Sukhani of s2analytics.com is of the view that short-term traders may buy Reliance Power.
Aditya Agarwal of Way2Wealth feels that Reliance Power may test Rs 73 in next two to three trading sessions.
Kunal Saraogi of Equityrush recommends buying Motherson Sumi Systems with a target of Rs 230 and Century Textiles and Industries with a target of Rs 330.
Kunal Saraogi, Equityrush advises buying Reliance Power for a target price of Rs 65 and Dish TV for a target price of Rs 50.
Meghana Malkan of malkansview.com recommends buying Aban Offshore with a target of Rs 532 and advises selling Reliance Power with a target of Rs 57.50.
Independent Analyst Sharmila Joshi advises buying Tata Elxsi for a target price of Rs 420 and Sintex for a target price of Rs 33.5.
Sudarshan Sukhani of s2analytics.com is of the view that Reliance Power is looking weak in the power space.
Shardul Kulkarni of Angel Broking is of the view that one may short Reliance Power as the stock may test Rs 64.
Krish Subramanium of Asit C Mehta Investment advises buying Liberty Shoes for a target price of Rs 159 and Helios and Matheson for a target price of Rs 127.50.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Tata Power and Reliance Power.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Reliance Power as the stock may head lower and test Rs 50.
Rajeev Agarwal of dynamixresearch.in advises selling Reliance Power with target of Rs 67-64 and Reliance Infrastructure with a target of Rs 405-385.
Siddharth Bhamre of Angel Broking recommends going long in Reliance Power with a target of Rs 81 and a stoploss of Rs 68.
Shahina Mukadam of Varun Capital recommends buying Chambal Fertilisers and Chemicals with a day target of Rs 37 and TV Today Network with a day target of Rs 115.
According to Sudarshan Sukhani of s2analytics.com, one may buy Reliance Power, Tata Power and NHPC with one year time horizon.
Sudarshan Sukhani of s2analytics.com recommends buying Reliance Power.
Prakash Diwan of Altamount Capital recommends selling JSW Steel with a target of Rs 763.50 and Reliance Power with a target of Rs 68.50.
Manav Chopra of Nirmal Bang advises buying Bharat Forge with a target price of Rs 284 and NHPC with a target price of Rs 19.50.
Ashu Madan of Religare Securities suggests profits booking in Reliance Power on 10-15 percent upmove.
Vishal Malkan of malkansview.com advises holding Reliance Power. "If it goes above Rs 75 then buy more," he adds.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Reliance Power within the power space.
Shahina Mukadam of Varun Capital recommends buying Reliance Power with a target of Rs 72 and PTC India with a target of Rs 53.80.
Nooresh Mirani of AMSEC Research advises buying United Phosphorous with a target price of Rs 160 and Divis Labs with a target price of Rs 1,090.