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
Rajat Bose of rajatkbose.com is of the view that Tata Steel may test Rs 264.75.
Kunal Bothra of LKP Securities likes SAIL as the stock may rise by 30-35 percent in 3-4 months.
According to Sudarshan Sukhani of s2analytics.com, one can go long in Tata Steel as the stock is on the verge of breakout.
Rajat Bose of rajatkbose.com is of the view that Tata Steel may test Rs 251 and Sun Pharma may test Rs 815.
Siddarth Bhamre of Angel Broking is of the view that Hindalco Industries may test Rs 84-85.
According to Ambareesh Baliga, Independent Market Expert, one may avoid Tata Steel at these levels.
Vishal Malkan of malkansview.com advises holding Tata Steel with a target of Rs 275-295.
Ajay Bodke of Prabhudas Lilladher is of the view that one may stay away from steel stocks.
Prakash Gaba of prakashgaba.com recommends going long in Bosch and Tata Steel.
Aditya Agarwal of Way2Wealth Securities is of the view that one may sell State Bank of India with a target of Rs 222-220.
Simi Bhaumik of simibhaumik.com prefers Tata Motors DVR over Tata Motors and is bullish on Tata Steel with a target of Rs 247-251.
Prakash Gaba of prakashgaba.com is of the view that Asian Paints may test Rs 865 and Tata Steel may test Rs 252.
SP Tulsian of sptulsian.com is of the view that one can look at Amtek Auto with a target of Rs 62-63 in next six months.
Sudarshan Sukhani of s2analytics.com is downbeat on metal stocks and advises selling on rally.
Aditya Agarwal of Way2Wealth Securities is of the view that one can go long in Tata Steel with a target of Rs 258.
Hemant Thukral of Aditya Birla Money is of the view that one may prefer Tata Steel and feels that Vedanta may move by 3-5 percent.
Hemant Thukral of Aditya Birla Money is of the view that one can pick BPCL as the stock can retest Rs 965-970.
Sudarshan Sukhani of s2analytics.com is of the view that one may go long in Tata Steel, Hindalco Industries and Vedanta.
Simi Bhaumik of simibhaumik.com suggests buying Tata Steel with a target of Rs 242-246.
Rahul Mohindar of viratechindia.com is of the view that one may see run up of 5-8 percent in stocks like Tata Steel and Hindalco.
Manas Jaiswal of manasjaiswal.com recommends buying Tata Steel and BPCL.
Ashu Madan of Religare Securities advises exiting Tata Steel on rallies.
Simi Bhaumik of simibhaumik.com is of the view that one may buy Tata Steel.
According to Sudarshan Sukhani of s2analytics.com, one can avoid Tata Steel.
Siddarth Bhamre of Angel Broking is of the view that one may short Tata Steel.