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 recommends buying Balkrishna Indistries with a stop loss of Rs 839 and target of Rs 885, Dabur India with a stop loss of Rs 431 and target of Rs 445 and Mahindra & Mahindra with a stop loss of Rs 638 and target of Rs 662.
Sudarshan Sukhani of s2analytics.com recommends selling Vedanta with stop loss at Rs 195 and target of Rs 188, Shriram Transport with stop loss at Rs 1080 and target of Rs 1025 and Bharat Forge with stop loss at Rs 480 and target of Rs 464.
Neutral-to-moderately popular stocks outperformed significantly when compared to the most popular stocks in the December quarter, according to a report from Motilal Oswal on contrarian investing.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever with a stop loss of Rs 1830, target of Rs 1885 and HDFC with a stop loss of Rs 1950, target of Rs 2010.
Ashwani Gujral of ashwanigujral.com suggests buying Motherson Sumi Systems with a stop loss of Rs 168, target of Rs 180, Voltas with a stop loss of Rs 536, target of Rs 560 and Kotak Mahindra Bank with a stop loss of Rs 1120, target of Rs 1165.
Tata Power's Q2 profit grew 85.1 per cent on year to Rs 393.4 crore due to low base in year-ago period.
Duggad is currently bearish on Idea Cellular, Bharat Heavy Electricals and Tata Power.
Prakash Gaba of prakashgaba.com suggests buying NBCC with target at Rs 80 and stop loss at Rs 71 and Maruti Suzuki with target at Rs 9300 and stop loss at Rs 9100.
Mitessh Thakkar of mitesshthakkar.com suggests buying Havells India with a stop loss below Rs 562 and target of Rs 595, PVR around Rs 1400 with stop loss of Rs 1379 and target of Rs 1450 and Repco Home Finance with a stop loss of Rs 576 and target of Rs 620.
Prakash Gaba of prakashgaba.com suggests buying Asian Paints with target at Rs 1300 and stop loss at Rs 1263 and Dewan Housing Finance with target at Rs 660 and stop loss at Rs 635.
Mitessh Thakkar of mitesshthakkar.com iis of the view that one can sell CESC with a stop loss of Rs 991, target of Rs 950, HDFC with a stop loss of Rs 1840, target of Rs 1790 and buy Bata India with a stop loss of Rs 799, target of Rs 855.
Prakash Gaba of prakashgaba.com is of the view that one can buy Apollo Hospitals with target at Rs 1060 and stop loss at Rs 1020 and also buy Power Grid with target at Rs 205 and stop loss at Rs 198 while advises selling Indian Oil Corporation with target at Rs 163 and stop loss at Rs 170.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bajaj Auto and Tata Power and can buy Pidilite Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Infrastructure and UPL and can buy Godrej Consumer Products.
Companies which rose between 40-100% include names like Tata Steel, Voltas, Tata Sponge, Tata Metaliks, Tata Global Beverages, Oriental Hotels, and Titan Company.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Tata Power Company.
According to Sandeep Wagle of powermywealth.com, one may hold Tata Power Company.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may sell SREI Infra Future with a target of Rs 94.20.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Jubilant Foodworks and Tata Power Company and can short Oil India Limited Futures.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying NMDC, Balrampur Chini, Tata Power, Karnataka Bank and PC Jeweller.
Kiran Jadhav of KiranJadhav.com advises buying Tata Power, CESC and EID Parry.
Any decent declines during the year remain to be a good buying opportunity for investors having longer-term horizon. On the downside, 10460 – 10426 are the levels to watch out for.
Pankaj Jain of SW Capital is of the view that one may buy HCL Info with a target of Rs 62.
Ruchit Jain of Angel Broking advises buying Bharat Forge with a target of Rs 750.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Tata Power and NTPC.
