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
Sudarshan Sukhani of s2analytics.com recommends buying Bajaj Finance and Bharat Heavy Electricals and advises selling BEML.
Gaurav Bissa of LKP Securities recommends buying BHEL 210 Call.
CK Narayan, MD of Growth Avenues is of the view that one may look at capital goods space.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Bharat Heavy Electricals or short the stock.
Chandan Taparia of Anand Rathi Securities is of the view that one may trade Put options in Bharat Heavy Electricals.
Amit Harchekar of A Plus Analytics recommends shorting Bharat Heavy Electricals for a target of Rs 180-182.
Manav Chopra of Networth Stock Broking advises buying Tata Motors with a target of Rs 360.
Manish Sharma of Destimoney Securities advises selling Allahabad Bank with a target of Rs 71.
Siddarth Bhamre of Angel Broking is of the view that one may short BHEL as the stock may slip to Rs 174-175.
Ambareesh Baliga, Independent Market Expert is of the view that one can look at the capital goods space.
Including the two projects — Ennore power project and Manuguru sub-critical power project in Telangana, 32 percent of BHEL's order book is represented by stranded/slow moving projects, the report states
Siddarth Bhamre of Angel Broking is of the view that Larsen & Toubro may test Rs 1300-1320.
Sudarshan Sukhani of s2analytics.com is of the view that one may see lower levels in BHEL.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Larsen and Toubro and BHEL.
According to Rajat Bose of rajatkbose.com, Bharat Heavy Electricals may go below Rs 200.
JK Jain of Karvy Stock Broking recommends buying Bharat Heavy Electricals 200 Put.
Kunal Bothra of LKP Securities recommends selling Bank of Baroda and BHEL.
Gaurang Shah of Geojit BNP Paribas Financial Services advises selling BHEL and prefers Siemens and Larsen and Toubro.
Rajat Bose of rajatkbose.com recommends selling Bharat Heavy Electricals at around Rs 234 for targets of Rs 228 and Rs 224.
Gaurav Ratnaparkhi of Sharekhan suggests buying LIC Housing Finance with a target of Rs 449.
Sudarshan Sukhani of s2analytics.com recommends selling Arvind, Bharat Heavy Electricals and Petronet LNG.
Gautam Chhaochharia, HD-India Research at UBS Securities is underweight in the capital goods space and feels that the extent of capex cycle based recovery will again disappoint investors over the next couple of years.
Rahul Mohindar of viratechindia.com is of the view that one may prefer Coal India at around Rs 400.
R Sreesankar of Prabhudas Lilladher has a reduced rating on Bharat Heavy Electricals
Gaurang Shah of Geojit BNP Paribas Financial Services advises exiting Bharat Heavy Electricals and picking Larsen and Toubro.