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 Larsen & Toubro and feels that Reliance Industries may test Rs 967.
Rajat Bose of rajatkbose.com recommends exiting SAIL and prefers Hindalco.
Prakash Diwan of prakashdiwan.in is of the view that one can pick Colgate Palmolive and prefers SAIL from the PSU space.
Vijay Chopra of enochventures.com is of the view that one may exit Steel Authority of India and prefer Hindalco Industries and Tata Steel from metal space.
Kunal Bothra of LKP Securities is of the view that SAIL may hit Rs 48 while Tata Power Rs 65 may test Rs 65.
Sudarshan Sukhani of s2analytics.com is of the view that Amara Raja Batteries may outperform while SAIL can rally.
Prakash Gaba of prakashgaba.com is of the view that SAIL may test Rs 47.50 while Infosys may hit Rs 1,240.
Jay Thakkar of Sharekhan advises buying Bata India with a target of Rs 532.
Jay Thakkar of Sharekhan suggests buying Welspun India with a target of Rs 990.
Manas Jaiswal of manasjaiswal.com is of the view that one may buy HSIL with a target of Rs 305.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Pipavav Defence, Sadbhav Engineering and Jet Airways.
Prakash Gaba of prakashgaba.com is of the view that one can short SAIL and Adani Power and feels that Biocon may hit Rs 410.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India and advises selling Glenmark and SAIL.
Ajay Bodke of Prabhudas Lilladher is of the view that one may prefer JSPL, JSW Steel and Tata Steel.
Manas Jaiswal of manasjaiswal.com recommends buying Bajaj Auto and advises selling Steel Authority of India.
Gaurav Ratnaparkhi of Sharekhan suggests buying Bharat Forge with a target of Rs 875.
Paras Bothra of Ashika Stock Broking advises buying Berger Paints with a target of Rs 290.
Vishal Malkan of malkansview.com is of the view that one may buy Steel Authority of India with a target of Rs 47.
CA Rudramurthy BV of Vachana Investments advises buying Royal Orchid Hotels with a target of Rs 95.
Rajat Bose of rajatkbose.com recommends buying SAIL at current level and feels that Capital First may hit Rs 439.
Rajat Bose of rajatkbose.com is of the view that Bank of Baroda may test Rs 140 and expects correction in Tata Steel.
According to Ashish Kyal of wavesstrategy.com, one may remain invested in SAIL.
Rajat Bose of rajatkbose.com feels that Tata Steel may slip below Rs 250.
Manas Jaiswal of manasjaiswal.com recommends buying Firstsource Solutions with a target of Rs 47.50 and Indian Hotels with a target of Rs 120.
Kunal Bothra of LKP Securities likes SAIL as the stock may rise by 30-35 percent in 3-4 months.