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
Ashwani Gujral of ashwanigujral.com is of the view that BHEL may test Rs 190 while one can buy Bajaj Auto closer to Rs 2500.
Amit Gupta of ICICIdirect recommends buying Apollo Tyres, Siemens and Federal Bank.
Mitessh Thakkar of miteshthacker.com suggests buying Andhra Bank, BHEL and Indiabulls Real Estate and advises selling Bharat Financial Inclusion and NIIT Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying V-Guard Industries, India Cements, BHEL, Federal Bank and Gujarat State Fertilizers & Chemicals.
Once the Goods & Services Tax (GST) is implemented, there will be some hiccups in first three months. But it will be positive for many sectors like tile and leather products, said SP Tulsian of sptulsian.com.
Ashwani Gujral of ashwanigujral.com suggests buying Century Plyboards, Indiabulls Real Estate and Bharat Heavy Electricals.
According to Ashwani Gujral of ashwanigujral.com, one can buy Engineers India, Yes Bank and BHEL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank and adviese selling DLF and BHEL.
Sudarshan Sukhani of s2analytics.com suggests buying Bharat Heavy Electricals and Indraprastha Gas and advises selling Amara Raja Batteries and Torrent Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying EID Parry, PVR and Motherson Sumi Systems.
Sudarshan Sukhani of s2analytics.com recommends buying L&T, Adlabs Entertainment and Cox & Kings while he advises selling Apollo Tyres and Bharti Infratel.
With reiterating outperform rating on Hindalco, with a target price of Rs 250, Macquarie says commodity price support will provide fresh legs for rerating and favourable mix will drive margins.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com gave his outlook on BHEL, Amtek Auto, Future Retail and MRPL.
Prakash Gaba of prakashgaba.com likes Ambuja Cements for target of Rs 252 while BHEL may test Rs 148.
Prakash Gaba of prakashgaba.com is of the view that one may buy Bharat Heavy Electricals and sell Jet Airways.
Sandeep Wagle of powermywealth.com suggests buying Torrent Power, Voltas and BHEL.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Heavy Electricals and Bharat Electronics.
VK Sharma of HDFC Securities recommends buying Bharat Heavy Electricals 135 Call and Mahindra & Mahindra 1260 Call.
Prakash Gaba of prakashgaba.com is of the view that Bharat Heavy Electricals has support at Rs 125.
Gaurang Shah of Geojit BNP Paribas advises exiting BHEL and look at Larsen and Toubro, Siemens and KEC International.
Rajat Bose of rajatkbose.com is of the view that one can buy Supreme Infra, Bharat Heavy Electricals and Hindustan Petroleum Corporation.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Bharat Heavy Electricals, Grasim Industries and Exide Industries and advises selling Infosys and PC Jeweller.
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Heavy Electricals and Tata Elxsi.
Ashwani Gujral of ashwanigujral.com suggests buying BHEL, Tata Chemicals and Bajaj Finance.
Rajat Bose of rajatkbose.com is of the view that one may pick BHEL, ICICI Bank, Power Grid and Whirlpool.