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
Sandip Sabharwal of asksandipsabharwal.com is of the view that one may look at Sintex Industries and Jain Irrigation Systems.
According to a JPMorgan note, focus needs to be on companies that have moderate leverage and can use rate cuts to increase growth in their business.
Rajat Bose of rajatbose.com is of the view that Kolte-Patil Developers may test Rs 221-226 and Sintex Industries may test Rs 113-120.
Rajat Bose of rajatkbose.com recommends buying Sintex Industries and Bharat Forge.
Sandip Sabharwal of asksandipsabharwal.com is of the view that one may prefer Sintex Industries, Praj Industries and Dish TV.
Yogesh Mehta of Motilal Oswal Securities is of the view that one can invest in Wonderla Holidays and Sintex Industries.
Kunal Bothra of LKP Securities is of the view that Sintex Industries may test Rs 140.
Sudarshan Sukhani of s2analytics.com recommends buying Sintex Industries on every dip.
Kunal Bothra of LKP Securities recommends Godrej Industries and Sintex Industries.
Kunal Bothra of LKP Securities is of the view that Sintex Industries may hit Rs 140.
Sudarshan Sukhani of s2analytics.com recommends buying Sintex Industries.
Nooresh Merani, CEO at Analyse India is of the view that one may remain invested in Sintex Industries.
Here are top 10 stocks to focus on January 20 – Sintex Industries, JSW Energy, banks, Hindustan Unilever (HUL), Mindtree, CCL Products, Sasken Communication, Kesoram Industries, Hindustan Zinc, Vedanta, MRF, Cairn India, Adani Power, Lanco Infra and Suzlon.
Pritesh Mehta - Senior Technical Analyst at IIFL recommends buying Sintex Industries with a target of Rs 110.
Sudarshan Sukhani of s2analytics.com is of the view that one may hold Sintex Industries.
According to Sandip Sabharwal of asksandipsabharwal.com, one may pick Career Point and Sintex Industries on every correction.
Sudarshan Sukhani of s2analytics.com advises holding Sintex Industries with a target price of Rs 150-160.
Pankaj Jain of Sunteck Wealthmax recommends buying Sintex Industries and DLF.
Gaurav Bissa of LKP Securities is of the view that Sintex Industries may move to Rs 110-115 if the stock stays above Rs 100.
Dharmesh Kant of India Nivesh Securities recommends buying Texmaco Rail and Engineering with a target at Rs 150 and SKS Microfinance with a target at Rs 390.
Dharmesh Kant of India Nivesh Securities advises buying LIC Housing Finance for a target price of Rs 460 and Sintex Industries for a target price of Rs 102.
Dharmesh Kant of India Nivesh Securities advises buying LIC Housing Finance for a target price of Rs 460 and Sintex Industries for a target price of Rs 102.
Dharmesh Kant of India Nivesh Securities recommends buying Capital First with a target at Rs 370 and DCB Bank with a target at Rs 120.
Dharmesh Kant of India Nivesh Securities recommends buying Texmaco Rail and Engineering with a target at Rs 130 and DCB Bank with a target at Rs 120.
AK Prabharkar, Independent Advisor is of the view that one can buy Sintex Industries for a target price of Rs 124 and Coromandel International for a target price of Rs 380.