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
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.
SP Tulsian of sptulsian.com recommends going long on Indiabulls Real Estate and Zee Entertainment. He advises selling Raymond with a stoploss of Rs 212.
According to Manoj Murlidharan of IIFL, Bharat Heavy Electricals (BHEL) can move up towards Rs 148-149.
SP Tulsian of sptulsian.com has a positive view on Bharat Heavy Electricals (BHEL). He expects PE expansion to may be about 12-15 in next 24-36 months.
Shardul Kulkarni of Angel Broking recommends booking profits in Bharat Heavy Electricals at around Rs 145-146. He expects the stock to re-test Rs 115-120 levels in the next few trading sessions.
According to SP Tulsian of sptulsian.com, one should remain invested in Bharat Heavy Electricals (BHEL).
Pankaj Jain, Director of Sunteck Wealthmax Capital advises to exit Bharat Heavy Electricals (BHEL).
Rajesh Agarwal, Head of Research of Eastern Financiers suggests entering Bharat Heavy Electricals (BHEL) at around Rs 110-115.
Aditya Agarwal of Way2Wealth recommends going long in Bharat Heavy Electricals (BHEL) at around Rs 130-133 with a stoploss at Rs 128 and target of Rs 138-145.
Prabhat Awasthi, Nomura Financial Advisory & Sec is negative on capital goods. He keeps neutral rating on Larsen and Toubro (L&T) and reduce rating on Bharat Heavy Electricals (BHEL).
Pritesh Mehta of IIFL suggests buying ITC with a target of Rs 365 and LIC Housing Finance with a target of Rs 205.
Sudarshan Sukhani of s2analytics.com is upbeat on Bharat Heavy Electricals (BHEL) and advises waiting for the correction to be over in the stock.
Amit Trivedi, Co-Founder of Investworks.in is of the view that one may sell Bharat Heavy Electricals (BHEL) 110 Puts at around 50-60 paise.
SP Tulsian of sptulsian.com feels that Bharat Heavy Electricals (BHEL) may fall to Rs 125. “The market is expecting that maybe the results which have seen to be quite dull in Q1 largely because of the order inflow, probably the same trend may continue for Q2 and Q3 also,†he adds.
Manas Jaiswal, manasjaiswal.com advises buying HDFC Bank with a target of Rs 665 and HPCL with a target of Rs 205.
According to Shardul Kulkarni of Angel Broking, one may sell Bharat Heavy Electricals (BHEL) with a target of Rs 125 and a stoploss at Rs 146.
Shardul Kulkarni of Angel Broking recommends selling Bharat Heavy Electricals (BHEL) as the stock may move below Rs 100 in the next couple of weeks. "One may also sell Larsen and Toubro (L&T) at around Rs 840-850 as the stock may touch Rs 760-770 over the next couple of sessions," he adds.
Sudarshan Sukhani of s2analytics.com recommends buying Bharat Heavy Electricals (BHEL) at current levels with a long term view.
Goldman Sachs suggests buying Tata Motors with a target of Rs 366.
Siddharth Bhamre of Angel Broking is of the view that one may sell Bharat Heavy Electricals at around Rs 150. He advised going long in Jaiprakash Associates.
Sahil Kapoor of Edelweiss is of the view that Bharat Heavy Electricals (BHEL) may move to Rs 155 and advises to look at largecap stocks.
Gopi Suvanam, Founder of Investworks is of the view that one may buy Bharat Heavy Electricals (BHEL) on dips with a long term view.
Sudarshan Sukhani of s2analytics.com is of the view that Bharat Heavy Electricals (BHEL) has more upside.
According to Ambareesh Baliga, Managing Partner-Global Wealth Management at Edelweiss Financial Services, one may buy Larsen and Toubro (L&T). "BHEL is more of a traders‘ bet right now. The way it has cracked surely you will have some amount of bounce back on any sort of positive news," he adds.
Manas Jaiswal of manasjaiwal.com suggests buying BHEL with a target of Rs 133 and Apollo Tyres with a target of Rs 69.