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
Rajat Bose of rajatkbose.com recommends going long in Bharat Heavy Electricals at current level or on dips.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer ICICI Bank and Axis Bank.
Amit Harchekar – chief technical strategist at A PLUS Analytics is of the view that one may short Bharat Heavy Electricals.
Hemant Thukral of Aditya Birla Money is of the view that L&T may test Rs 1480-1450 if it falls below Rs 1540.
Manish Hathiramani of Deen Dayal Investments recommends selling BHEL with a target of Rs 260.
VK Sharma of HDFC Securities recommends buying Lupin 1560 Call and BHEL 290 Call.
Here are top 10 stocks to focus on January 27 - HDFC, Hindustan Unilever (HUL), Larsen and Toubro (L&T), Bharat Heavy Electricals (BHEL), Ultratech Cement, United Spirits, Shriram Transport, Bharat Electronics (BEL), Max India and Ranbaxy.
Jai Bala of cashthechaos.com is of the view that BHEL may test Rs 330 and feels that Reliance Industries may rise by 10-12 percent.
Deven Choksey of KR Choksey Securities has a positive view on infrastructure space.
Manoj Murlidharan of Religare Securities is of the view that Bharat Heavy Electricals may hit Rs 302.
Sandip Sabharwal of asksandipsabharwal.com recommends picking IDFC, HDFC Bank and Ashok Leyland.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer SBI, Canara Bank and Bank of Baroda.
Sudarshan Sukhani of s2analytics.com recommends buying Adani Ports and Bharat Heavy Electricals and advises selling Havells India.
Sudarshan Sukhani of s2analytics.com recommends buying gold on dips.
Manas Jaiswal of manasjaiswal.com recommends buying BHEL as the stock can test Rs 272 in next two to three trading sessions.
Rajat Bose of rajatkbose.com recommends selling ONGC and advises buying BHEL and Apollo Hospitals.
According to Rahul Mohindar of viratechindia.com, one may buy HDFC Bank and sell Reliance Industries.
Anand Tandon, Market Expert has a bullish view on Larsen & Toubro.
BP Singh of Pramerica Mutual Fund has a positive view on capital goods and the infrastructure space.
According to Independent Market Expert, Ambareesh Baliga, one may buy Larsen and Toubro at these levels.
Manas Jaiswal of manasjaiswal.com advises buying Strides Arcolab and BHEL.
Ashish Chaturmohta of Fortune Equity Broker feels that Bharat Heavy Electricals may go above Rs 280-282.
Sudarshan Sukhani of s2analytics.com advises buying Petronet LNG, BHEL and HDFC.
Sudarshan Sukhani of s2analytics.com feels that Bharat Heavy Electricals may test Rs 280-300 in the next three months.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Crompton Greaves on rises.