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
Sudarshan Sukhani of s2analytics.com recommends buying Bharat Petroleum Corporation.
Sudarshan Sukhani of s2analytics.com sees buying opportunity in Bharat Petroleum Corporation and BHEL.
Sudarshan Sukhani of s2analytics.com recommends buying Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (BPCL) at current levels.
Dhirendra Tiwari, Head of Research at Antique Institutional Equities prefers Bharat Petroleum Corporation (BPCL) from oil & gas space.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL).
Ambareesh Baliga of Edelweiss Financial Services recommends buying Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) at current levels.
Hemen Kapadia of KR Choksey Securities suggests selling Larsen and Toubro (L&T) with a stoploss at Rs 983 and Sun Pharmaceutical Industries with a stoploss at Rs 603.
Shardul Kulkarni of Angel Broking recommends selling Century Textiles and Industries with a target of Rs 260 and a stoploss at Rs 295.
Nooresh Merani of AMSEC feels that Bharat Petroleum Corporation (BPCL) may slip to Rs 310-320 in the short term.
Tata Steel may see some kind of lower pressure as a breakdown on daily charts as per technicals. So one can take short position in Tata Steel at current market price with a stop loss of Rs 331, expect a target of Rs 307 in the next one-two trading sessions, says Vikrant Jadeja of vibranttrades.com.
VK Sharma of HDFC Securities is of the view that one may buy Bharat Petroleum Corporation (BPCL) 350 Call at Rs 10 and sell 370 Call at Rs 4.
Meghana Malkan of malkansview.com advises buying Century Textile with a target price of Rs 267 and Chambal Fertiliser with a target price of Rs 38.5.
Gagan Dixit, Oil Analyst at Quant Broking prefers Bharat Petroleum Corporation (BPCL) at current level among the oil marketing companies (OMCs).
Abhijit Paul of Alphative Advisors is of the view that Bharat Petroleum Corporation (BPCL) may touch Rs 355-360.
Amit Rustagi, Vice President-Energy Research at Antique Stock Broking is bullish on Bharat Petroleum Corporation.
According to Sudarshan Sukhani of s2analytics.com, Bharat Petroleum Corporation (BPCL) has strong support at Rs 300.
Aashish Tater, Head of Research of Fortunewizard.com is of the view that one may short Indian Oil Corporation (IOC) at current level.
Gopi Suvanam, Founder of InvestWorks has a positive view on Hindustan Unilever (HUL) and Bharat Petroleum Corporation (BPCL). "One may look at building some positions in Reliance Industries with a target of around Rs 900," he adds.
According to Ambareesh Baliga, Managing Partner-Global Wealth Management of Edelweiss Financial Services, one may buy Hindustan Petroleum Corporation and Bharat Petroleum Corporation at current levels.
Rahul Mohindar of viratechindia.com recommends buying Bharat Petroleum Corporation (BPCL) as the stock may touch Rs 320-325. He further said, " One may see DLF test Rs 163-164."
Rakesh Arora of Macquarie Capital Securities recommends buying Bharat Petroleum Corporation (BPCL), Ranbaxy Laboratories and Eicher Motors on correction.
According to SP Tulsian of sptulsian.com, Bharat Petroleum Corporation can move to a level of Rs 328-330 and then the stock may see profit taking.
Aditya Agarwal of Way2Wealth feels that the rally may continue in Oil and Natural Gas Corporation (ONGC). He expects some profit booking in Reliance Industries and Cairn India.
Kunj Bansal, CIO of Sanlam has a positive view on Bharat Petroleum Corporation. In the technology space, one may get Tech Mahindra and Persistent Systems at attractive valuations as their earnings will go up given the fact that US economy is doing well," he adds.
Jal Irani, Oil and Gas Research of Macquarie Cap is of the view that oil marketing companies (OMC) present significant value including Bharat Petroleum Corporation (BPCL). He further says, "BPCL presents even greater value than Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOC).