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 recommends buying NBCC, MOIL and Bharat Petroleum Corporation.
According to Mitessh Thakkar of miteshthacker.com, one can buy Bajaj Finance while Delta Corp is a buy around Rs 165-170.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Avenue Supermarts , Ceat, Bajaj Finance, Mahindra and Mahindra Financial Services and TV Today.
ITC, UPL, Dr. Reddy's, among others are being watched by analysts, while steel and oil and gas too remain on their radar.
In an interview to CNBC-TV18's Anuj Singhal and Reema Tendulkar, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks.
Rajat Bose of rajatkbose.com recommends selling Bharat Petroleum Corporation and advises buying Bharat Forge.
Ashwani Gujral of ashwanigujral.com is of the view that HPCL and BPCL may rally by 8-10 percent while ITC may head towards Rs 315-320.
Prakash Gaba of prakashgaba.com feels that BPCL may test Rs 700.
Avinnash Gorakssakar, Market Expert is of the view that one may hold BPCL.
Ashwani Gujral of ashwanigujral.com suggests buying Schneider Electric, VIP Industries and Indiabulls Housing Finance.
With global market signals confusing and Indian markets perched at uncomfortable highs, investors are seeking the safe haven of quality.
Ashwani Gujral of ashwanigujral.com recommends buying Jet Airways, Tata Elxsi, Indiabulls Housing, HPCL, BPCL and Indian Oil Corporation.
Ashwani Gujral of ashwanigujral.com suggests buying Tata Motors, Bombay Burmah and Bharat Financial Inclusion.
In an interview to CNBC-TV18’s Latha Venkatesh, and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Dewan Housing Finance Corporation, Amara Raja Batteries and Bharat Petroleum Corporation.
Prakash Gaba of prakashgaba.com is of the view that Ashok Leyland can slide down to Rs 88-89.
Rahul Shah of Motilal Oswal recommends buying Amara Raja Batteries, BPCL and Cummins India.
Rising liquidity in domestic MFs is one of the biggest factors in driving rally on D-Street which is trading at record highs.
Ashwani Gujral of ashwanigujral.com recommends buying Gujarat Fluorochemicals, Motilal Oswal, Jindal Saw and Asian Paints.
The index made a high of 9,158 on Thursday; however, it is placed near the upper-end of the current Gann channel i.e. 9160 which warrant some caution.
Prakash Gaba of prakashgaba.com is of the view that one can buy Bharat Petroleum Corporation and Jindal Steel & Power.
Ashwani Gujral of ashwanigujral.com advises buying Bharat Petroleum Corporation, Hindalco Industries and SRF.
CLSA has retained its buy call on L&T, IRB Infrastructure, J Kumar Infraprojects and Sadbhav Engineering as government's initiatives will improve infra liquidity via InvIT showing results.
Oil and gas stocks like ONGC, HPCL bounced back from the lows of the day. But, SP Tulsian is not in the favour of a merger between upstream and downstream companies.
Prakash Gaba of prakashgaba.com suggests going long in Century Textiles while he feels that BPCL can slide to Rs 613.