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
Prakash Gaba of prakashgaba.com is of the view that one may short Punjab National Bank and Lupin and feels that Britannia Industries may test Rs 2,550.
Prakash Gaba of prakashgaba.com recommends buying Colgate Palmolive and Bharat Forge and feels that Axis Bank may test Rs 446.
Sudarshan Sukhani of s2analytics.com recommends selling CESC and HPCL and feels that UPL may head lower.
Hemen Kapadia of KRChoksey Securities advises selling Ashok Leyland with a target of Rs 87.
Sahil Kapoor of Edelweiss Financial Services recommends buying United Spirits, Oracle Financial Services Software and Cummins India.
Manas Jaiswal of manasjaiswal.com recommends selling Amara Raja Batteries and advises buying Oracle Financial Services Software.
Manas Jaiswal of manasjaiswal.com recommends buying Oracle Financial Services Software and advises selling Hindalco Industries.
Jay Thakkar of Sharekhan advises buying Colgate Palmolive with a target of Rs 1986.
Dharmesh Kant of India Nivesh Securities is of the view that one may buy LIC Housing Finance with a target of Rs 490.
Manas Jaiswal of manasjaiswal.com is of the view that one may buy NCC with a target of Rs 94.
Ashish Chaturmohta of Fortune Equity Broker recommends going long in Aurobindo Pharma and Oracle Financial Services Software
VK Sharma of HDFC Securities recommends buying Tata Consultancy Services 2550 Call.
VK Sharma of HDFC Securities recommends buying Oracle Financial Services Software with a target of Rs 3520.
VK Sharma of HDFC Securities is of the view that one can buy Hexaware Technologies 300 Call and Oracle Financial Services Software future at around Rs 3250.
Ajay Srivastava, CEO of Dimensions Consulting recommends buying Tech Mahindra, Infosys and Oracle Financial Technology.
Akshata Deshmukh of Networth Capital recommends buying TVS Motor Company for a target price of Rs 232 and Gujarat State Petronet for a target price of Rs 93.50.
Akshata Deshmukh of Networth Stock Broking recommends buying Oracle Financial Services Software for a target price of Rs 3,350 and Idea Cellular for a target price of Rs 154.
VK Sharma of HDFC Securities recommends buying Oracle Financial Services 3700 Call.
VK Sharma of HDFC Securities is of th veiw that one can buy Oracle Financial Services Software futures at around Rs 3655.
One can sell Adani Enterprises in the range of Rs 195-198 with a stop loss above Rs 205 on closing basis. The initial target is around Rs 185 and next logical target is around Rs 175 in short-term, says Rajeev Agarwal of dynamixresearch.in.
Shardul Kulkarni of Angel Broking recommends buying HDFC near Rs 825 levels. Place a stop loss at Rs 803 and trade bullish for a target of Rs 870 over the next six-eight trading sessions.
At current levels one can initiate long positions in United Phosphorous keeping a stop loss of Rs 130 and on higher side target will be Rs 143-145, says Aditya Agarwal of Way2Wealth Securities.
Manas Jaiswal of manasjaiswal.com recommends buying DLF at current levels with a stop loss of Rs 195 and buying Adani Enterprises with a stop loss of Rs 207.
Pankaj Jain of Sunteck Wealthmax has recommended buy rating on BF Utilities and Tribhovandas Bhimji Zaveri while advised selling Oracle Financial Services and Reliance Capital.
Aashish Tater of FortuneWizard.com has recommended buy rating on Prestige Estate Projects, HeidelbergCement India and Zee Entertainment while he maintained sell rating on Oracle Financial and Adani Power.