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
Mitessh Thakkar of mitesshthakkar.com feels that Tata Global Beverage may test Rs 220.
Rajen Shah of Tradebulls Group feels that Tata Global Beverage may test Rs 450.
According to Mitessh Thakkar of mitesshthakkar.com, one can buy Hero MotoCorp, Infosys and Tata Global Beverage and can sell Mahindra and Mahindra and Power Finance Corporation.
Sumeet Jain of Destimoney Securities suggests buying Dabur India with a target of Rs 336.
Ashwani Gujral of ashwanigujral.com suggests buying Tata Global Beverage, Reliance Capital and Bajaj Finance.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Century Textiles, HCL Tech and Jet Airways and can sell Berger Paints and Sun TV.
Gaurav Ratnaparkhi of Sharekhan advises selling Adani Enterprises Future with a target of Rs 133.30.
Sanjiv Bhasin of IIFL suggests buying Tata Global on dips and sees 20 percent upside in United Spirits while he is bullish on NBCC and EIL.
Tata Global Beverages owns close to Rs 755 crore worth of stake in other Tata group firms, especially in Tata Chemicals, said the media report.
Mitessh Thakkar of miteshthacker.com suggests buying Petronet LNG, Tata Global, Union Bank of India, Oriental Bank of Commerce and Mphasis.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Global Beverage and Aurobindo Pharma.
Amit Gupta of ICICIdirect is of the view that one may buy Tata Global Beverage, Tata Steel and Castrol India.
Sandeep Wagle of powermywealth.com advises buying Tata Global Beverages.
Aurobindo Pharma, Jagran Prakashan, an M&M, among others are being tracked by investors today.
Krish Subramanyam of Altamount Capital is of the view that one can buy Tata Global Beverage 150 Call and feels that ITC may test Rs 320.
Vijay Chopra of enochventures.com recommends buying Punjab National Bank with a stoploss at Rs 165 and target of Rs 175 and SpiceJet with a stoploss at Rs 108 and target of Rs 116.
Mitessh Thakkar of miteshthacker.com recommends buying Tata Global Beverage and Amara Raja Batteries.
Sudarshan Sukhani of s2analytics.com recommends buying Tata Global Beverage, Ceat and Rural Electrification Corporation.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Century Textiles with a target of Rs 1100.
During a period where the market is creating whipsaws within the trading band of 200 points, the current rally would gain credence only on a convincing move above 9,160. Here is a list of top five stocks to buy based on various technical parameters
Bulls need to be cautious from here and a trend reversal will only happen if there is formation a bullish candle on Thursday. Top four stocks to buy which are looking attractive based on technical parameters.
Amit Gupta of ICICIdirect is of the view that one can buy Tata Global Beverage and Dabur India.
Sudarshan Sukhani of s2analytics.com suggests buying AB Nuvo, Tata Global, Arvind and Voltas and advises selling Amara Raja Batteries.
Jay Thakkar of Anand Rathi is of the view that one may buy Bharti Infratel with a target of Rs 323.