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
Manav Chopra of Nirmal Bang advises buying CESC for a target price of Rs 405 and SREI Infrastructure for a target price of Rs 24.2.
Sudarshan Sukhani of s2analytics.com expects higher levels in Bharti Airtel, Idea Cellular and Reliance Communications.
According to Meghana Malkan of malkansview.com, one may buy Asian Paints with a target of Rs 540 and Divis Laboratories with a target of Rs 1010.
Meghana Malkan of malkansview.com advises buying Asian Paints for a target price of Rs 540 and Divis Labs for a target price of Rs 1010.
Lancelot D Cunha of ITI Wealth Management advises buying Mangalore Chemical and Fertiliser with a target price of Rs 53.50 and Sun Pharma Advanced Research Company with a target price of Rs 146.
Manav Chopra of Nirmal Bang recommends buying Indiabulls Securities with a target of Rs 16 and Idea Cellular with a target of Rs 195.
Vishal Malkan of malkansview.com advises selling Rural Electrification Corporation October future with a target price of Rs 184 and Indiabulls Real Estate October future with a target price of Rs 60.
According to Manav Chopra of Nirmal Bang, one may buy Sintex Industries with a target of Rs 26 and Adani Enterprises with a target of Rs 175.
Prakash Diwan of Altamount Capital advises going long in Phoenix Mills with a target price of Rs 234 and Cinemax India with a target price of Rs 280.
Sudarshan Sukhani of s2analytics.com recommends buying Idea Cellular on every dip.
GV Giri, Telecom Analyst of IIFL advises buying Idea Cellular and Bharti Airtel. Idea is the top pick, he adds.
According to Nooresh Mirani of AMSEC Research, one may buy Sun TV Network with a target of Rs 445 and Eros International Media with a target of Rs 155.
Kunal Bothra of LKP advises buying BF Utilities with a target price of Rs 176 and Kolte-Patil with a target price of Rs 76.
Saurabh Mittal of Swadeshi Credits advises buying Voltas with a target price of Rs 78 and Dishman Pharma with a target price of Rs 52.
Vishal B Malkan of malkansview.com advises buying Idea Cellular with a target of Rs 177-180 and Voltas with a target of Rs 79-81.
Sudarshan Sukhani of s2analytics.com recommends buying Idea Cellular.
According to Lancelot D Cunha of ITI Wealth Management, one may buy Speciality Restaurants with a target of Rs 138.90 and Idea Cellular with a target price of Rs 174.
Saurabh Mittal of Swadeshi Credits advises buying Zee Entertainment with a target price of Rs 247 and Apollo Hospital with a target price of Rs 944.
Shardul Kulkarni, Angel Broking advised buying Dr Reddys Laboratories with a target of Rs 2520 and selling Unitech October Future with a stoploss at Rs 17.55.
Sudarshan Sukhani of s2analytics.com recommends buying Idea Cellular on dips.
Lancelot D Cunha of ITI Wealth Management recommends buying Hexaware Technologies with a target of Rs 131.50 and Biocon with a target of Rs 338.
Amit Gupta, Head of Derivatives at ICICI Direct suggests buying Idea Cellular at around Rs 161-163 with a stoploss around Rs 156.
Saurabh Mittal of Swadeshi Credits advises selling Financial Technologies with a target price of Rs 155 and buying Shipping Corporation of India with a target price of Rs 36.
According to Sudarshan Sukhani of s2analytics.com, one may buy Idea Cellular.
According to Prakash Diwan of Altamount Capital Management, one may go long on Mangalore Refinery and Petrochemicals (MRPL) with a target of Rs 35.90 and Titan Industries with a target of Rs 228.50.