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 enter Torrent Power between Rs 210-230.
Amit Gupta of ICICIdirect recommends buying Arvind and Torrent Power.
Mitessh Thakkar of miteshthacker.com suggests buying 8k Miles Software, Axis Bank, Torrent Power and Godrej Industries.
Prakash Gaba of prakashgaba.com feels that Torrent Power may move to Rs 340.
Ashwani Gujral of ashwanigujral.com recommends buying Bharti Infratel, IndusInd Bank and Torrent Power.
Ashwani Gujral of ashwanigujral.com recommends buying Idea Cellular with a stop loss of Rs 96, target of Rs 108, a buy on MOIL India with a stop loss of Rs 258, target of Rs 273 and a buy on Torrent Power with a stop loss of Rs 278, target of Rs 293.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland, Divis Laboratories, Reliance Industries and Torrent Power and can sell LIC Housing Finance.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Federal Bank, National Aluminium Company and Torrent Power and can sell Maruti Suzuki and Bank of Baroda.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Bank of Baroda and State Bank of India; and can buy Century Textiles and Mahanagar Gas.
The breakout of Nifty will be confirmed once the BSE Sensex too decisively cross and sustain above its previous all-time high.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Radico Khaitan, Kotak Mahindra Bank, PVR and Torrent Power and can sell Max Financial.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy HCL Technologies, Yes Bank and Jubilant Foodworks.
Vijay Chopra of enochventures.com is of the view that one may buy NMDC with a target of Rs 130.
Sameet Chavan of Angel Broking is of the view that oen may buy Just Dial with a target of Rs 420.
According to VK Sharma, Head of Business, Private Client Group at HDFC Securities, one can pick Maruti Suzuki, Ashok Leyland, Kotak Mahindra Bank, Tata Chemicals, Torrent Power and Kajaria Ceramics.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Torrent Power, V-Guard Industries and Tata Global Beverage and sell Repco Home Finance and Mindtree.
Mitessh Thakkar of miteshthacker.com suggests buying Torrent Power.
Rajat Bose of rajatkbose.com suggests buying Delta Corp and Torrent Power and advises selling Motherson Sumi Systems.
Mitessh Thakkar of miteshthacker.com suggests buying RBL Bank and Torrent Power.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Hero MotoCorp, L&T Finance Holdings and Torrent Power and sell Apollo Hospitals Enterprises and Marico.
Vishal Malkan of malkansview.com advises buying Reliance Capital with a target of Rs 795.
Mitessh Thakkar of mitesshthakkar.com advises buying Torrent Power and JSW Steel.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying ICICI Prudential Life Insurance 430 Call and Yes Bank 1760 Call and likes Torrent Power, GSFC and Century Textiles and Industries.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell MRF, Tata Communications and Union Bank of India and buy Torrent Power and Jubilant Foodworks.