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
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Apollo Hospitals, IndusInd Bank and Tata Motors and buy HDFC Bank and Power Grid.
Gaurang Shah of Geojit BNP Paribas is of the view that one may pick Bharat Petroleum Corporation.
Rajat Bose of rajatkbose.com is of the view that one can short ACC and buy Sun Pharmaceutical Industries.
Rahul Mohindar of viratechindia.com is of the view that one may see 5-6 percent downside in OMCs including HPCL and BPCL.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries and Hero MotoCorp and sell BPCL.
Ashwani Gujral of ashwanigujral.com recommends selling TCS, Titan Company and Zee Entertainment and advises buying Schneider Electric.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dabur Indi and BPCL and sell Godrej Consumer.
Ashwani Gujral of ashwanigujral.com recommends selling Torrent Pharma, Godrej Industries and Just Dial and advises buying HDFC and Petronet LNG.
VK Sharma, Head Private Broking & Wealth Management at HDFC Securities is of the view that one can buy BPCL, HPCL, TVS Motor and India Cements.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Bharat Petroleum Corporation and sell Apollo Hospitals.
Ashwani Gujral of ashwanigujral.com recommends buying Petronet LNG, TVS Motor, BPCL, PNB and LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Syndicate Bank, Adani Ports and BPCL.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bharat Petroleum Corporation and ONGC and buy Bajaj Finance.
Sudarshan Sukhani of s2analytics.com recommends buying BPCL and Bharat Financial Inclusion and advises selling Colgate Palmolive, Titan Company and Mahindra & Mahindra.
According to Ashwani Gujral of ashwanigujral.com, one can sell Zee Entertainment and Bata India and buy Gujarat Narmada Valley Fertilizers & Chemicals.
VK Sharma of HDFC Securities is of the view that one can buy BPCL 680 Call and IGL 870 Call.
Ashwani Gujral of ashwanigujral.com recommends selling Axis Bank, Tata Elxsi and CESC and advises buying BPCL and IL&FS Transport.
Rakesh Bansal of RK Global is of the view that one may buy Apollo Tyres with a target of Rs 248.
Sudarshan Sukhani of s2analytics.com recommends buying Rural Electrification Corporatio and BPCL and advises selling Bata India.
Here are top stock picks from auto, telecom and oil & gas space. CLSA upgrades Tata Steel to buy from sell with target price of Rs 500 and upgrades JSW Steel to buy from sell with target price at Rs 2400 per share.
According to Mitesh Thacker of miteshthacker.com, one may buy BPCL, Castrol and Godrej Consumer.
Sandeep Wagle of powermywealth.com advises selling Crompton Greaves, Century Textiles and BPCL.
Chandan Taparia of Anand Rathi Securities is of the view that one may buy Indian Oil Corporation, Indraprastha Gas and Zee Entertainment Enterprises.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared why he does not advise going short on Bank Nifty. "I won‘t advice going short and brave traders can definitely go for buying Bank Nifty at the current level with a view of maybe next couple of days," he said.