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
Kunal Bothra of LKP is of the view that one may buy Biocon with a target of Rs 508.
Vishal Malkan of malkansview.com advises buying SAIL and TVS Motor.
Manas Jaiswal of manasjaiswal.com is of the view that one can short Ceat, Bank of India and Steel Authority of India.
Siddarth Bhamre of Angel Broking recommends going long in Steel Authority of India and Reliance Infrastructure.
Meghana Malkan of malkansview.com is of the view that one can buy Steel Authority of India and TVS Motor Company.
Vishal Malkan of malkansview.com recommends buying Tata Steel, SAIL and Vedanta with a medium term view.
CK Narayan, MD at Growth Avenues is of the view that one may look at private sector banks and prefers metal space.
Here are top 10 stocks to focus on April 9 – HPCL, Arvind, Bank Nifty, Max India, Gujarat Fluoro, SAIL, Coal India, IDFC, Bharat Forge and ABG Shipyard.
Sudarshan Sukhani of s2analytics.com recommends selling Titan Company and Steel Authority of India and advises buying Wockhardt.
Sudarshan Sukhani of s2analytics.com recommends exiting Steel Authority of India and prefers IT, pharma and financial stocks.
Shares of SAIL fell 3 percent while JSW Steel also slipped 4 percent intraday on Monday. Goldman Sachs has downgraded JSW to neutral.
Here are top 10 stocks to keep an eye on January 7 - GAIL, HDFC, Goldman Sachs, Ashok Leyland, HDIL, JSW Energy, SAIL, JSPL, Cairn India, DLF, oil and gas sector, Nifty and rupee.
Rishi Kohli of Proalpha Systematic Capital is of the view that Steel Authority of India may test Rs 90.
According to Manas Jaiswal of manasjaiswal.com, one can short Steel Authority of India as the stock may go to Rs 70.
Manas Jaiswal, Technical Analyst at manasjaiswal.com is of the view that one may exit Steel Authority of India.
Here are top 10 stocks to watch on December 5 - Bosch, Shriram Transport, SAIL, Axis Bank, Mangalore Chemicals, Deepak Fertilizers, Zuari Agro, NMDC, SE Investments and KPIT Tech.
Here are top 10 stocks to focus on December 4 - Ashok Leyland, Apollo Tyres, NBCC, HDFC Bank, ICICI Bank, MBL Infra, SAIL, Ranbaxy, Dr Reddy's and Sadbhav Engineering.
Pritesh Mehta - Senior Technical Analyst at IIFL is of the view that one can buy Steel Authority of India with a target of Rs 96.
Neeraj Deewan of Quantum Securities recommends buying Tata Steel and SAIL.
Kunal Saraogi of Equityrush recommends buying Tata Communications and SAIL.
Vishal Kshatriya of Edelweiss suggests buying Havells India with a target of Rs 330-340 and Asian Paints with a target of Rs 700.
Manav Chopra of Nirmal Bang recommends buying Mindtree with a target of Rs 1200 and Steel Authority of India.
Vishal B Malkan of malkansview.com recommends buying UPL for a target price of Rs 370 and CESC for a target price of Rs 750.
Sharmila Joshi, Market Expert is of the view that one can buy Manappuram Finance with a target of Rs 32.25 and Ashok Leyland with a target of Rs 48.50.
Dharmesh Kant of India Nivesh Securities recommends buying Ahmednagar Forgings for a target price of Rs 430 and Canara Bank for a target price of Rs 420.