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
Pankaj Jain of Sunteck Wealthmax recommends buying DLF with a target price of Rs 155 and Alstom T&D with a target price of Rs 465.
Manav Chopra of Nirmal Bang is of the view that one may buy Credit Analysis and Research with a target of Rs 1520 and buy Hindustan Zinc with a target of Rs 172.
Vishal Malkan of malkansview.com recommends buying Tata Communications and Tata Chemicals.
Ashish Chaturmohta of Fortune Equity Broker is of the view that one can go long in Tata Chemicals as the stock may cross Rs 468-470 in next five to seven trading sessions.
Manoj Murlidharan of Religare Securities recommends buying Axis Bank 480 Call.
Hemant Thukral of Aditya Birla Money is of the view that Tata Chemicals may test Rs 430-435.
VK Sharma of HDFC Securities recommends buying Tata Chemicals 420 Call.
Currently IDFC is trading at 1.3 times the adjusted book but most of the private banks are trading more than two times the adjusted book. So, one is that once it gets converted into the bank, from 1.3 it will warrant a re-rating back closer to 2, says Dilip Bhat.
Sudarshan Sukhani of s2analytics.com recommends buying Aurobindo Pharma, Tata Chemicals and Reliance Industries.
Nooresh Merani of Analyse India recommends buying Federal Bank for a target price of Rs 150 and Tata Chemicals for a target price of Rs 450.
Manav Chopra of Nirmal Bang recommends buying Dabur India for a target price of Rs 220 and Bata India for a target price of Rs 1310.
Kunal Bothra of LKP Securities is of the view that Tata Chemicals may test Rs 440.
Watch the interview of Kunal Bothra of LKP with Latha Venkatesh and Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on specific stocks like Indus Ind Bank and Tata Chemicals.
Hemen Kapadia of KR Choksey Securities suggests buying Tata Chemicals with target of Rs 397 and Rural Electrification Corporation with a target of Rs 265.
Meghana Malkan, trading coach at malkansview.com is of the view that one can buy Asian Paints and Tata Chemicals.
Vishal Malkan of malkansview.com is of the view that one can buy Tata Chemicals with a target of Rs 400 and Titan Company with a target of Rs 395.
Paras Bothra, Ashika Stock Broking advises buying FDC for a target price of Rs 175 and Astra Microwave for a target price of Rs 150.
Vishal B Malkan, malkansview.com advises buying Tata Chemicals for a target price of Rs 400 and India Cements for a target price of Rs 115.
Sharmila Joshi, market expert is of the view that one can buy Tata Chemicals for a target of Rs 385.
AK Prabhakar, Independent Advisor advises buying Ramco Cements for a target price of Rs 354 and Infosys for a target price of Rs 4,200.
Vishal Malkan, Technical Analys at malkansview.com is of the veiw that Tata Chemicals may touch Rs 400.
Rajen Shah, CIO of Angel Broking is of the view that one may prefer Tata Chemicals.
Rajen Shah, CIO of Angel Broking expects 25 percent upside in Tata Chemicals.
According to Manas Jaiswal, technical analyst at manasjaiswal.com, one may go long in Tata Chemicals at current levels.
Independent Analyst Sharmila Joshi advises buying Tata Elxsi for a target price of Rs 420 and Sintex for a target price of Rs 33.5.