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
Short-term trader can get out from Sintex Industries, but long term investor can stay with it, says Sudarshan Sukhani of s2analytics.com
Rajesh Agarwal of Eastern Financiers advises to buy Mahindra Ugine for a target price of Rs 95.50 and Rasoya Proteins for a target price of Rs 13.
Shardul Kulkarni of Angel Broking recommends to go short in Sintex Industries and Reliance Infrastructure and advises to go long in Mahindra Satyam.
Vishal Kshatriya of Edelweiss recommends going long in HCL Technologies with a target of Rs 820 and go long in Kotak Mahindra Bank with a target of Rs 800-810.
Shardul Kulkarni, Sr Technical Analyst at Angel Broking feels that Sintex Industries has given a clear trend line breakdown and hence recommends selling Sintex June Futures contract for a target of Rs 42.
Nooresh Mirani, AVP Technical of AMSEC Research recommends buying United Phosphorous, Karnataka Bank, Sintex Industries and Rallis India.
Rajesh Agarwal of Eastern Financiers recommended to buy Mahindra Ugine for a target price of Rs 77 and buy Polaris for a target price of Rs 127.
Pankaj Jain advises going short on Jain Irrigation, Sintex Industries and Opto Circuits. He believes that Jain could be headed much in southward territory.
Aashish Tater, head of research at fortunewizard.com advised going short on Adani Power with a target price of Rs 50.5 and Arvind with a target price of Rs 81.
Nooresh Merani of Amsec Research feels that there maybe a long term bottom formation in Sintex. He believes that the stock may test Rs 56 in short term.
According to SP Tulsian of sptulsian.com Godrej Industries is a good short-term buy. The stock can move to a level of Rs 318 to Rs 320 in next 10-12 days.
SP Tulsian of sptulsian.com advised small investors to buy Tata Global Beverage, Century Textiles, Sintex Industries and Aurobindo Pharma.
Nooresh Merani of AMSEC Research is bullish on Tech Mahindra, Jain Irrigation Systems, Mahindra Satyam and Sintex Industries.
SP Tulsian of sptulsian.com advised buying HDIL with a target price of Rs 50 and selling Dena Bank with a target price of Rs 84.
Sudarshan Sukhani of s2analytics.com is bullish on Sintex Industries and Exide Industries. "Sintex Industries saw a sharp rally and then an equally sharp correction. This is normal when a stock is building a base. It seems that now the correction is over and the stock is inching upwards, says Sudarshan Sukhani.
Saurabh Mittal of Swadeshi Capital is bullish on Apollo Hospitals Enterprises, Bharat Forge, Sintex Industries and Apollo Tyres.
SP Tulsian of sptulsian.com advised buying AstraZeneca Pharma with a target price of Rs 860 while Nooresh Merani of AMSEC Research recommended buying Dena Bank with a target price of Rs 92.
Sudarshan Sukhani of s2analytics.com is bullish on Raymond. He advised buying the stock. Meanwhile, SP Tulsian of sptulsian.com recommended going short in Crompton Greaves.
SP Tulsian of sptulsian.com advises long term investor to hold Sintex Industries for couple of years to see good returns.
Sudarshan Sukhani of s2analytics.com is of the view that short term trader can go long in Sintex Industries. "If it works out today then carry it for tomorrow," he advised.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Sintex Industries on dips.
Sudarshan Sukhani of s2analytics.com is of the view that one should stay on the long side in Sintex Industries.
Rajen Shah of Angel Broking sees some upside in Sintex Industries. According to him, Rs 65-70 would be a fair price for Sintex.
SP Tulsian of sptulsian.com advised avoiding Sintex Industries. According to him, one can book profits now and re-enter at Rs 52-54.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited is of the view that one can continue hold on Sintex Industries with a price target of Rs 65 in the next three-six months timeframe.