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
Rajesh Agarwal of AUM Capital recommends buying Cipla with stop loss at Rs 530 and target at Rs 556, Bharat Petroleum Corporation with stop loss at Rs 395 and target at Rs 418 and a buy also in Tata Global Beverage with stop loss at Rs 255 and target of Rs 275.
"We do not rule out market share loss in the next few quarters but also expect recovery in FY20. With positive news flow, reduction in losses, we can expect a target of Rs 90 by FY19 end," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
Global brokerage house Citi expects double digit growth for current financial year (FY19) but with some downgrade risks.
Sandeep Wagle of powermywealth.com is of the view that one can buy Maruti Suzuki and can sell National Aluminium Company.
After the recent correction, valuations of Indian market have come down to a reasonable level which should give motivation to investors to accumulate quality stocks on declines.
Jay Thakkar of Anand Rathi Securities is of the view that oen may buy NIIT Tech with a target of Rs 912.
Jay Thakkar of Anand Rathi Securities is of the view that one may buy Container Corporation with a target of Rs 1386.
If Nifty see a close below 10350 in next few days then we may be going in for a deeper correction where price may see a downside move to 10100 - 9900.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Mindtree, Raymond and Titan Company and can sell NBCC and Reliance Infra.
According to Shahina Mukadam, Independent Market Expert one may hold Idea Cellular.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Torrent Power and Strides Shasun and can sell Union Bank of India.
The share price has declined from a peak of Rs 480 to Rs 373 (22 percent) in last two months.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Escorts, Indiabulls Housing and NCC while he advises holding SBI and selling Pincon Spirit and Mindtree.
Idea, Sobha and Biocon, among others, are being tracked by analysts on Monday.
Idea, Motherson Sumi and Oil and gas, among others, are on the radar of investors on Friday.
CA Rudramurthy of Vachana Investments is of the view that one may buy Idea Cellular and KEC International.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy V-Guard Industries, Idea Cellular and Gayatri Projects.
Krish Subramanyam, Co-Head Equity Advisory at Altamount Capital advises buying ITC 260 call.
Rajat Bose of rajatkbose.com suggests buying Bajaj Finance, Exide Industries and V-Guard Industries.
Mitessh Thakkar of mitesshthakkar.com recommends buying Steel Authority of India with a stop loss of Rs 81.50 and target of Rs 87, ICICI Prudential Life Insurance above Rs 398, with stop loss of Rs 391 and target of Rs 414 and a buy also on Idea Cellular with a stop loss of Rs 96 for target of Rs 103.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Global Beverage with a stop loss of Rs 278, target of Rs 294, DLF with a stop loss of Rs 235, target of Rs 242 and a buy also on KEC International with a stop loss of Rs 338, target of Rs 360.
Mitessh Thakkar of miteshthacker.com recommends buying M&M Financial Services, Hindustan Unilever, Mahanagar Gas and Idea Cellular.
Gaurang Shah of Geojit Financial Services is of the view that one can bet on Tata Global Beverage and Idea Cellular.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ajanta Pharma, Ashok Leyland and Colgate Palmolive and can sell Idea Cellular and Tata Motors.
Ashwani Gujral of ashwanigujral.com has a buy on Rain Industries with a stop loss of Rs 315, target of Rs 332, a buy on United Breweries with a stop loss of Rs 1090, target of Rs 1150 and a buy on Sun Pharma Advanced Research with a stop loss of Rs 410, target of Rs 435.