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
Mitessh Thakkar of mitesshthakkar.com recommends buying Godrej Consumer, BPCL and LIC Housing Finance.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell BPCL while CONCOR is a buy above Rs 1240.
Rahul Shah of Motilal Oswal is of the view that one may short IndusInd Bank and BPCL and buy Bharat Forge.
Chandan Taparia of Motilal Oswal Securities recommends buying ITC, Petronet LNG and Cipla and suggests selling BPCL.
According to Mitessh Thakkar of mitesshthakkar.com, one can sell Bajaj Finserv, BPCL and IndusInd Bank and buy Mindtree and Voltas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motherson Sumi, HDFC Bank and UPL and sell BPCL and United Spirits.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9350-9312 and resistance at 9500 while Bank Nifty has support at 22450-22400 and resistance at 22800.
Mitessh Thakkar of mitesshthakkar.com suggests selling IGL, M&M Financial, BPCL and Aban Offshore and advises buying Wipro.
Vedanta, Colgate and the energy sector are being tracked by brokerage houses on Tuesday
Sudarshan Sukhani of s2analytics.com recommends buying NBCC, Muthoot Finance, Shree Cements and Bharat Petroleum Corporation and advises selling Dr Reddy's Laboratories.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Axis Bank, Adani Ports and Infosys and can sell Jindal Steel & Power.
Prakash Gaba of prakashgaba.com suggests selling Bata India and BPCL.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HCL Technologies and BPCL and buy EID Parry (India).
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bank of Baroda, Reliance Infrastructure and Dabur India.
Ashwani Gujral of ashwanigujral.com suggests buying BPCL, Larsen & Toubro, ABB and Adani Enterprises.
In an interview to CNBC-TV18, Yogesh Radke of Edelweiss Securities shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Lupin and BPCL and buy Reliance Industries.
Macquarie Research has initiated coverage with an outperform rating on HPCL, BPCL and IOC and with a bull case target upside of 45-65 percent in one year.
Coal India, NTPC, and oil marketing companies, among others, are on investors’ radar today.
United Spirits, Power firms, oil and gas, among others are on analysts' radar today.
According to Gaurang Shah of Geojit Financial Services, one may prefer ICICI Bank, HPCL and IOC.
Ashwani Gujral of ashwanigujral.com recommends buying Capital First, Adani Ports and Uflex.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy BPCL and sell Indiabulls Housing Finance and Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com is of the view that oil marketing companies should be on the buy list while he feels that Jubilant Foodworks can slip to Rs 800.