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
Inox, GAIL and BHEL, among others, are on the radar of analysts on Monday.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can exit BHEL and pick M&M, Mindtree and Sonata Software while he feels that Rain Industries is likely to head higher.
Tata Global, BHEL, and IRB Infra, among others, are on the radar of investors on Thursday.
Ashwani Gujral of ashwanigujral.com has a buy on Jet Airways with a stop loss of Rs 650, target of Rs 675, a buy on Arvind with a stop loss of Rs 440, target of Rs 465 and a buy on United Spirits with a stop loss of Rs 3350, target of Rs 3500.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Kotak Mahindra Bank and can sell Godrej Industries, Bajaj Finserv and BHEL.
Cipla, Lupin and Tata Motors, among others, being tracked by investors on Wednesday.
Research firm Macquarie has maintained a high conviction underperform rating on Bharat Heavy Electricals with a target of Rs 72 per share while UBS has reiterated a sell call with a target of Rs 49 per share.
Ashwani Gujral of ashwanigujral.com suggests buying KNR Construction with a stop loss of Rs 270, target of Rs 287, a buy in Aurobindo Pharma with a stop loss of Rs 784, target of Rs 810 and a buy in JM Financial with a stop loss of Rs 168, target of Rs 182.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HPCL and State Bank of India and can buy NIIT Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying BHEL, Reliance Infrastructure and TVS Motor.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy NTPC, RBL Bank and BHEL and can sell Kajaria Ceramics.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Vedanta, BEML and ACC and can sell Bharat Heavy Electricals.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, IndusInd Bank and Just Dial and can hold Jaiprakash Associates while one can sell BHEL.
Sharmila Joshi of sharmilajoshi.com is of the view that one may stay invested in BHEL.
According to Rajat Bose of rajatkbose.com, one may remain invested in BHEL.
With PM Modi’s vision of making every Indian car electric by 2030, stocks of automakers and ancillary companies which produce electric parts or vehicles are likely to take off.
Basant Maheshwari of Basant Maheshwari Wealth is of the view that power stocks are jump kind of stocks, you make 10-20 percent and you move out, they are not investment stocks, they are more of trading bets and positional trades.
In an interview to CNBC-TV18, Deepak Agarwala of Elara Capital and Sanjeev Zarbade, Analyst at Kotak Securities spoke about the impact of the Mumbai-Ahmedabad bullet train orders on BHEL and a few individual stocks.
ICICI Pru, Voltas and Idea, among others are on the radar of investors on Friday.
Watch the interview of Sanjiv Bhasin of IIFL with CNBC-TV18’s Anuj Singhal and Surabhi Upadhyay, where he spoke about the impact of the bullet train project on BHEL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Communications and can sell BHEL, PC Jeweller and SREI Infrastructure.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Piramal Enterprises, L&T Finance Holdings and Indiabulls Real Estate and can sell BHEL and Apollo Hospitals.
Maruti and Vedanta, among others are being tracked by analysts today.
Vijay Chopra of enochventures.com is of the view that one may hold Bharat Heavy Electricals.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HCC, Suzlon Energy, BHEL and PNB and buy Century Textiles.