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 suggests buying Escorts, BEML and Bharat Electronics.
Sudarshan Sukhani of s2analytics.com recommends buying Zee Entertainment, Bharat Petroleum Corporation and Indiabulls Housing Finance.
Deutsche Bank expects the market to move in a narrow range during 2017, with recovery likely in the latter part of the year. It says unless the union Budget surprises positively with a tax induced fiscal stimulus, the market is likely to mirror the movement seen in Q416.
Deutsche Bank‘s midcaps top picks are CESC, Petronet LNG, Ramco Cements, REC, Shriram Transport and UPL. Among top large caps, its picks are Aurobindo, BPCL, Maruti, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra, Vedanta India and YES Bank.
Ashwani Gujral of ashwanigujral.com recommends buying BPCL and Havells India and advises selling Bajaj Finance.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com says he has a positive bias on Bharat Financial stocks with eyes on quarter three numbers of the company. For oil marketing companies, his pecking order of preference is HPCL, BPCL and IOC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bata India and BPCL and advises selling Bharti Infratel.
Deutsche Bank has reiterated its preference for oil marketing companies over upstream companies after the oil retailers passed on rising crude price cost. It expects oil retailers to benefit from robust refining margins, capacity expansions, higher fuel marketing margin and consumption growth.
Rahul Shah of Motilal Oswal suggests buying Bharat Forge and BPCL and advises selling Yes Bank.
Sandeep Wagle of powermywealth.com is of the view that one can buy BPCL and Godrej Consumer and advises selling Divis Labs.
Ashwani Gujral of ashwanigujral.com recommends buying Karnataka Bank, BPCL and HCL Technologies.
Mitesh Thacker of miteshthacker.com recommends buying CESC, BPCL, ACC and IFCI.
Sandeep Wagle of powermywealth.com is of the view that one can buy BPCL and Oil India and sell TVS Motor Company.
Ashwani Gujral of ashwanigujral.com suggests selling Ceat and Bharat Petroleum Corporation and picks Engineers India.
According to Rahul Shah of Motilal Oswal, one can buy Tech Mahindra and BPCL and short Punjab National Bank.
According to Sudarshan Sukhani of s2analytics.com, one can buy Ceat and Apollo Tyres and short Jet Airways while one can avoid IT space.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Engineers India and BPCL.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Just Dial and buy Ajanta Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Asian Paints and BPCL and buy Ajanta Pharma.
According to Mitesh Thacker of miteshthacker.com, one can sell BPCL and buy Just Dial if it get past Rs 385.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ceat and Torrent Pharma and sell BPCL.
Mitesh Thacker of miteshthacker.com advises selling Bharat Petroleum Corporation, Dish TV and Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com recommends selling BPCL and Apollo Tyres and advises buying Asian Paints.
Mitesh Thacker of miteshthacker.com is of the view that one can short HDFC and BPCL and buy Larsen & Toubro.
Mitesh Thacker of miteshthacker.com recommends selling Karnataka Bank and BPCL.