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
Prakash Gaba of prakashgaba.com advises buying IndusInd Bank and suggests selling Bharat Petroleum Corporation.
Sudarshan Sukhani of s2analytics.com advises buying Welspun Corp.
Bhavin Desai of Motilal Oswal Securities is of the view that BPCL may hit Rs 980 this expiry.
Prakash Gaba of prakashgaba.com likes Kotak Mahindra Bank with a target of Rs 695 and Colgate Palmolive with a target of Rs 1010-1020 and advises going long in India Cements.
Varun Goel of Motilal Oswal has a positive view on oil & gas space.
Rahul Shah, Associate VP, Equity Advisory Group at Motilal Oswal advises buying buy Bharat Petroleum Corporation Futures.
Ashish Kyal of wavesstrategy.com feels that BPCL may move to Rs 950.
According to Gaurang Shah of Geojit BNP Paribas Financial Services, BPCL may touch Rs 990 in a year time.
Simi Bhaumik of simibhaumik.com prefers Tata Motors DVR over Tata Motors and is bullish on Tata Steel with a target of Rs 247-251.
Bhavin Desai of Motilal Oswal Securities is of the view that one can go long in Bharat Petroleum Corporation.
Sudarshan Sukhani of s2analytics.com recommends buying Hindustan Petroleum Corporation and Bharat Petroleum Corporation.
Hemant Thukral of Aditya Birla Money is of the view that one can pick BPCL as the stock can retest Rs 965-970.
Simi Bhaumik of simibhaumik.com suggests buying Tata Steel with a target of Rs 242-246.
Manas Jaiswal of manasjaiswal.com recommends buying Tata Steel and BPCL.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bharat Petroleum Corporation.
Mayuresh Joshi of Angel Broking is of the view that one may look at Gail, Petronet, IOC and BPCL.
Rahul Shah, Associate VP- Equity Advisory Group at Motilal Oswal is of the view that one may look at auto, bank and oil marketing companies space.
Sanjay Dutt, Director of Quantum Securities is of the one may look at oil and gas stocks as they are looking exciting now for the next two to three years.
Gaurang Shah of Geojit BNP Paribas Financial Services feels that HPCL may touch Rs 990.
According to Rahul Shah of Motilal Oswal, one may buy Bharat Petroleum Corporation with a target of Rs 930.
According to Sudarshan Sukhani of s2analytics.com, one may buy Bharat Petroleum Corporation.
Rahul Mohindar of viratechindia.com is of the view that Bharat Petroleum Corporation (BPCL) may touch Rs 940.
Chandan Taparia, Derivative & Technical Analyst, Anand Rathi Securities recommends going long in BPCL for a target of Rs 933.
Rahul Mohindar of viratechindia.com is of the view that one may buy Motherson Sumi, BPCL and Torrent Power.
Shubham Agarwal of Motilal Oswal Securities is of the view that one can go long in BPCL and feels that TVS Motor may test Rs 315.