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
Shubham Agarwal of Motilal Oswal Securities is of the view that Siemens may hit Rs 1700.
CK Narayan of Growth Avenues recommends buying Siemens and Reliance Industries.
Aditya Agarwal of Way2Wealth Securities is of the view that one can short Siemens on bounce for a target of Rs 1260-1280.
Jai Bala of 1857 Advisors is of the view that one may prefer ABB and Siemens.
VK Sharma of HDFC Securities is of the view that one can buy Siemens 1360 Call.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that Siemens may test Rs 1385.
According to Sudarshan Sukhani of s2analytics.com, one can buy Siemens as the stock may test Rs 1450.
Chandan Taparia of Anand Rathi Securities recommends buying Siemens with a target of Rs 1360.
Here‘s a list of ten 10 stocks that are in focus today on the back of their quarterly earnings that came over the weekend and other major developments.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may hold Reliance Industries with a target Rs 980.
Gaurav Bissa of LKP Securities is of the view that one may short Siemens for a target of Rs 1290.
Sudarshan Sukhani of s2analytics.com recommends buying Havells India and Siemens.
Sudarshan Sukhani of s2analytics.com is of the view that Siemens may head higher.
Ashish Chaturmohta of Fortune Group is of the view that one can go long in Siemens with a target of Rs 1220.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer Larsen & Toubro (L&T), Siemens and Greaves Cotton.
Chandan Taparia of Anand Rathi Securities is of the view that Siemens may head higher and test Rs 1050-1070.
VK Sharma of HDFC Securities recommends buying Siemens 1020 Call.
Amit Gupta of ICICI Direct is of the view that Siemens may move towards Rs 1,100 levels.
In a note to clients, Jefferies said it had upgraded ABB from an ‘underperform‘ rating to ‘buy‘, Siemens from ‘hold‘ to ‘buy‘ and had maintained a ‘buy‘ rating on Cummins.
Gaurav Bissa of LKP Securities advises buying Strides Arcolab, Power Finance Corporation and Siemens.
Manas Jaiswal of manasjaiswal.com advises buying Siemens as the stock may test Rs 915.
Manish Hathiramani Of Deen Dayal Investments recommends selling Siemens with a target of Rs 735.
Rishi Kohli, MD & CEO at ProAlpha Systematic Capital feels that Siemens may test Rs 1000.
Manas Jaiswal of manasjaiswal.com advises buying Voltas with a target of Rs 292 and Adani Enterprises with a target of Rs 475.
Crompton's power and industrial segments can see an improvement in revenues and margins, on the back of a macro recovery