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
Ruchit Jain of Angel Broking is of the view that one may buy Mirza International with a target of Rs 100.
Manoj Murlidharan, Head of Derivatives at Religare Securities is of the view that one can buy IndusInd Bank and Sintex Industries.
Gaurang Shah of Geojit BNP Paribas is of the view that one may stay invested in Sintex Industries.
Prakash Gaba of prakashgaba.com is of the view that one may add Sintex Industries above Rs 86.
Sudarshan Sukhani of s2analytics.com recommends buying Zee Entertainment, Axis Bank and LIC Housing Finance and advises selling Sintex Industries and Arvind.
According to Krish Subramanyam of Altamount Capital, one may buy Idea Cellular with a target of Rs 111.
Vijay Chopra of enochventures.com is of the view that one may hold Sintex Industries.
Prakash Gaba of prakashgaba.com suggests exiting Sintex Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy United Spirits and sell Ceat and Sintex Industries.
Prakash Gaba, Technical Analyst at prakashgaba.com recommends buying Sintex Industries for target of Rs 91 and likes Oil India.
Rajat Bose of rajatkbose.com is of the view that one can buy Axis Bank, Nitco and Munjal Auto Industries.
Sameet Chavan of Angel Broking suggests buying Apollo Tyres with a target of Rs 157.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Sintex Industries over Adani Enterprises.
According to Sandeep Wagle of powermywealth.com, one may remain invested in Sintex Industries.
Ashwani Gujral of ashwanigujral.com recommends selling Bharti Infratel and advises buying HPCL and India Cements.
Ambareesh Baliga, Market Expert is of the view that one can buy Rallis India, Sintex Industries, VST Tillers and Greaves Cotton.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy UltraTech Cement, Sintex Industries and Bharti Airtel.
Sharmila Joshi of sharmilajoshi.com recommends holding Sintex Industries.
Vijay Chopra of enochventures.com is of the view that one may hold Sintex Industries as it may test Rs 90.
Holi being India's spring festival and as hopes springs eternal, CNBC-TV18 caught with three marketwallahs – Ambareesh Baliga, SP Tulsian and Prakash Diwan and asked them to pick stocks on occasion of Holi from a one-year perspective.
Ambareesh Baliga, Independent Market Expert is of the view that one may prefer Jain Irrigation, Sintex Industries and Rallis India.
Ambareesh Baliga, Market Expert is of the view that one may look at Bharat Electronics and Sintex Industries.
Mayuresh Joshi of Angel Broking is of the view that one may stay invested in Sintex Industries.
Rajat Bose of rajatkbose.com is of the view that below Rs 80, Sintex Industries may test Rs 65.
Neeraj Deewan of Quantum Securities is bullish on Bajaj Finserv and recommends buying Sintex Industries and Power Finance Corporation on dips.