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
AK Prabhakar, Independent Advisor advises buying Havells India for a target price of Rs 298 and L&T Finance Holdings for a target price of Rs 75.
Sharmila Joshi, sharmilajoshi.com advises buying Sintex Industries for a target price of Rs 39.8 and VIP Industries for a target price of Rs 76.
Sudarshan Sukhani of s2analytics.com is of the view that one may look at VIP Industries from the midcap space as the stock may hit Rs 100.
Here's all the top 10 stocks CNBC-TV18 team has its eyes on today.
Kunal Bothra of LKP advises buying VIP Industries with a target of Rs 70 and United Breweries with a target of Rs 820.
Pankaj Jain of Sunteck Wealthmax advises buying Apollo Tyres for a target price of Rs 114.75 and Tata Elxsi for a target price of Rs 406.75.
Sharmila Joshi of Peerless Securities recommends buying Steel Authority of India (SAIL) for a target of Rs 78 and Jyothy Laboratories for a target of Rs 187.
Sharmila Joshi of Peerless Securities advises buying Sintex Industries for a target price of Rs 31.30 and VIP Industries for a target price of Rs 61.
Krish Subramanium of Asit C Mehta recommends buying Mahindra & Mahindra Financial Services with a target of Rs 320 and BGR Energy Systems with a target of Rs 119.
Nooresh Merani of AMSEC Research recommends buying Voltas with a target of Rs 98 and PTC India with a target of Rs 64.
Shardul Kulkarni of Angel Broking recommends holding VIP Industries with a stoploss at Rs 55.
Pritesh Mehta of IIFL recommends buying VIP Industries above Rs 60 with a target of Rs 68.
Shardul Kulkarni of Angel Broking recommends holding VIP Industries with a stoploss at Rs 55. "One can buy the stock at lower levels of around Rs 44-45 levels," he adds.
Saurabh Mittal of Swadeshi Credits recommends buying Motherson Sumi with a target price of Rs 237 and Canara Bank with a target price of Rs 232.
Pankaj Jain of Sunteck Wealthmax advised buying LIC Housing Finance with a target price of Rs 181.50 and HDIL with a target price of Rs 37.95.
SP Tulsian of sptulsian.com recommends selling VIP Industries on rally at around Rs 50-51.
One can see lower levels in VIP Industries, may be 5-7 percent lower from current level, says Sharmila Joshi of Peerless Securities.
Shahina Mukadam of Varun Capital recommended buy rating on VIP Industries, Sun TV Network, Emami and GMR Infrastructure.
SP Tulsian, sptulsian.com is bullish on Jaypee Infratech, HeidelbergCement, JM Financial and Prestige Estate and recommended buy rating on the stocks.
Shardul Kulkarni of Angel Broking is of the view that, VIP Industries is expected to rally towards Rs 72-73 levels, which is the good range to book some profits.
Sudarshan Sukhani, s2analytics.com is of the view that one can buy Shrenuj and Company. However, he would avoid VIP Industries.
In CNBC-TV18's popular show Bull's Eye, Lancelot D Cunha, ITI Wealth Management shares trading strategy of the day.
Sudarshan Sukhani of s2analytics.com says avoid VIP Industries. According to him, there is nothing in the chart to justify.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
SP Tulsian of sptulsian.com advises to exit from VIP Industries on rally.