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
Manish Sharma of Destimoney Securities recommends buying Hindalco Industries with a target of Rs 90 and Dewan Housing Finance with a target of Rs 190.
Ashwani Gujral of ashwanigujral.com recommends buying Torrent Power and Maruti Suzuki and advises selling Reliance Communications.
Kunal Bothra of LKP Securities advises buying SKS Micro, Ashok Leyland and Torrent Power.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC, UPL and Torrent Power.
Rahul Mohindar, of viratechindia.com recommends buying Pidilite Industries and advises shorting IndusInd Bank.
Rakesh Bansal of RK Global recommends buying Torrent Power and Havells India.
SP Tulsian of sptulsian.com is of the view that one may prefer Minda Industries and sugar stocks.
Sudarshan Sukhani of s2analytics.com recommends buying Indraprastha Gas at current level.
Simi Bhaumik of simibhaumik.com recommends buying Reliance Industries, Maruti Suzuki and Torrent Power.
SP Tulsian of sptulsian.com is of the view that one can buy Torrent Power for long term.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Godrej Properties with a target of Rs 335.
Kunal Bothra, Head of Advisory at LKP is of the view that Kaya may test Rs 1440.
Rahul Mohindar of viratechindia.com is of the view that one may buy Motherson Sumi, BPCL and Torrent Power.
Rahul Mohindar of viratechindia.com recommends buying Torrent Power for a target of Rs 203.
Rahul Mohindar of viratechindia.com recommends selling DLF and avises buying Torrent Power.
Jay Thakkar of CMT is of the view that one may buy Torrent Power with a target of Rs 185.60.
Hemen Kapadia of KRChoksey Securities advises buying Axis Bank & Larsen and Toubro on declines.
Here are top stocks to focus on March 26 - HDFC, L&T, Bajaj Auto, Bharti Airtel, Idea Cellular, SBI, IDFC, GSPL, Torrent Power, GMR Infra and PFC as well as REC.
Rajesh Agarwal, Director Research at Eastern Financiers advises exiting Torrent Power at around Rs 210.
Watch the interview of Rajesh Agarwal, Director - Research of Eastern Financiers Ltd who shared his readings and outlook on specific stocks and sector & Gajendra Kothari, CFA, MD & CEO of Etica Wealth Management Pvt Ltd answered few personal finance queries.
Hemen Kapadia, VP at KR Choksey Securities is of the view that one may hold Torrent Power.
According to Sudarshan Sukhani of s2analytics.com, Torrent Power may test Rs 300.
Here are top 10 stocks to watch on November 5 - JSPL, Thermax, Aban, IOB, Greaves Cotton, Guj Pipavav, Peninsula Land, Hitachi Home, Wockhardt and Torrent Power.
Pankaj Jain, Sunteck Wealthmax advises buying Torrent Power and Snowman Logistics.
Shahina Mukadam, Varun Capital advises buying Kalpataru Power for a target price of Rs 163 and Den Networks for a target price of Rs 186.