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 suggests shorting Shriram Transport and United Breweries.
Ajay Bodke of Prabhudas Lilladher is of the view that one may prefer Shriram Transport, LIC Housing Finance, Indiabulls Housing Finance and HDFC.
Manas Jaiswal of manasjaiswal.com is of the view that one may sell IndusInd Bank with target of Rs 880.
Kunal Bothra of LKP Securities suggests selling Voltas and Shriram Transport.
Adani Ports and Special Economic Zone can go up from here. It has given a minor breakout but as long as the minor breakout sustains, it can climb to levels closer to Rs 267 and stoploss is below Rs 257, says Prakash Gaba of prakashgaba.com.
Ashish Kyal of wavesstrategy.com advises buying Asian Paints.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Shriram Transport Finance Corporation.
Ashish Kyal of wavesstrategy.com is of the view that one may sell Bosch with a target of Rs 17800.
Sudarshan Sukhani of s2analytics.com is of the view that Shriram Transport Finance Corporation is a nice stock to be in.
Sameet Chavan of Angel Broking recommends buying Shriram Transport as the stock has a potential to move towards Rs 980-1,000.
Hemen Kapadia of KR Choksey Securities is of the view that one may sell Arvind with a target of Rs 277.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may sell HDIL with a target of Rs 72.
Meghana V Malkan of malkansview.com recommends buying Dish TV, NIIT, Shriram Transport Finance Corporation and Tanla Solutions.
Meghana V Malkan of malkansview.com recommends buying Dish TV India with a stoploss at Rs 103 and target of Rs 114 and NIIT with a stoploss at Rs 92 and target of Rs 110.
Meghana V Malkan of malkansview.com recommends buying Shriram Transport Finance Corporation and Mindtree.
Rakesh Bansal of RK Global recommends buying Jindal Saw with a target of Rs 78 and Bharat Forge with a target of Rs 990.
Gaurav Bissa of LKP Securities recommends buying Shriram Transport Finance Corporation and OBC and advises selling Aurobindo Pharma.
Kunal Bothra, Head - Advisory at LKP is of the view that Century Textiles and Industries is a good contra trade.
Kunal Bothra of LKP Securities recommends buying Shriram Transport and Canara Bank.
Hemen Kapadia of KRChoksey Securities suggests buying Cipla with a target of Rs 662.
Sharmila Joshi, Market Expert is of the view that one may buy Shriram Transport with a target of Rs 880.
According to Mithil Pradhan of Violet Arc Global Managers, one can go long in Shriram Transport Finance Corporation for a target of Rs 921.
Chandan Taparia of Anand Rathi Securities expects Shriram Transport Finance Corporation to head 4-5 percent higher from the current level.
Dharmesh Kant of India Nivesh Securities is of the view that one may buy LIC Housing Finance with a target of Rs 490.
Sudarshan Sukhani of s2analytics.com recommends selling Shriram Transport Finance Corporation, NTPC and JSW Steel.