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
BHEL may slip to Rs 190, says Sudarshan Sukhani of s2analytics.com.
Short BHEL, says Atul Badkar, VP - Institutional Equities - Derivatives Desk, Edelweiss Securities.
Sudarshan Sukhani of s2analytics.com is of the opinion that one can sell Siemens.
On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Rajesh Jain, Religare Securities and Rakesh Gandhi FRR shares, place their bets on two stocks each, thus offering investors a variety of options to choose from.
JK Jain Of Karvy Stock Broking is of the view that if BHEL breach Rs 218 then the stock would see sharp cut, it has strong support at Rs 200. Bank of Baroda may see fresh short and the stock could see Rs 750-740 levels in the near term.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Jaiprakash Associates.
Suresh Mahadevan, MD & Head of Indian Equities of UBS Securities is still positive on BHEL because it always looks like single digit PE.
Limited downside is seen in BHEL, says Pramod Gubbi, VP- Sales, Ambit Capital.
SP Tulsian, sptulsian.com advises traders to buy BHEL around Rs 210.
State-owned Bank of Baroda‘s net profit dropped nearly 22 percent year-on-year to Rs 1,012 crore for the quarter ending December 31, 2012, dented by higher provisions against bad loans. SP Tulsian is bullish on the bank and recommends entering into the stock with a positional view.
Short BHEL and Bharti Airtel, says Tushar Mahajan, Head of listed Futures & Options - India, Nomura. If BHEL breaks Rs 220 odd level you could play for a short side down to Rs 200, he adds.
Sell Bharat Heavy Electricals Limited (BHEL), says Tirthankar Patnaik, EVP - Institutional Sales, Religare Capital Markets. You are not expecting the investment cycle to pick up anytime soon and therefore BHEL is likely to remain under pressure for that particular reason, he adds.
Portfolio Manager PN Vijay advised avoiding BHEL and Crompton Greaves. Both companies disappointed the street by reporting weak third quarter numbers.
Rahul Mohindar, viratechindia.com advises traders to sell BHEL, the stock may slip to Rs 205-210. However, one can buy ITC.
Rahul Mohindar, viratechindia.com advises traders to sell BHEL.
Rajesh Agarwal, Eastern Financiers is of the view that one can buy BHEL with a target of Rs 250-260 in the next six-nine months.
Parag Doctor, Keynote Capital is of the view that BHEL has immediate support at Rs 220, below that then downside is there till at least Rs 200-210 kind of levels.
Buy BHEL only if it hold support of Rs 220, says Sudarshan Sukhani of s2analytics.com.
On CNBC-TV18's show Super Six, market gurus Manav Chopra, Nirmal Bang, Vikrant Jadeja, vibrantraders.com and Manas Jaiswal of manasjaiswal.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
BHEL continue to remain sideways, says Dilip Bhat, Joint MD, Prabhudas Lilladher.
Manoj Murlidharan Vayalar of IIFL is of the view that, Bharat Heavy Electricals (BHEL) can move to Rs 232-234.
Sudarshan Sukhani, s2analytics.com is of the view that trader can buy BHEL.
Jaiprakash Associates can go above Rs 100, says Sandeep Bhatia, Kotak Institutional Equities.
According to Independent Analyst Ambareesh Baliga, it is better to stick with the bigger boys like Larsen & Toubro or BHEL in infrastructure space.
Sudarshan Sukhani, s2analytics.com is of the view that BHEL has target of Rs 245.