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
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Cholamandalam Investmemnt, Cummins India and BHEL and sell BPCL.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell BPCL and SBI and can buy NMDC and Hindalco.
IIFL feels oil marketing companies are well placed to overcome possible competition from private players.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy BPCL, HPCL, Yes Bank, Colgate Palmolive and Maruti Suzuki and can sell Bharti Infratel.
Prakash Gaba of prakashgaba.com is of the view that one may prefer BPCL.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Motilal Oswal, BPCL and Tata Global.
According to Deepak Shenoy of capitalmind.in, one may look at oil marketing companies.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell BPCL and Ashok Leyland.
Hemant Thukral of Aditya Birla Money feels that Sun TV Network may test Rs 930.
Ashwani Gujral of ashwanigujral.com suggests buying Hindustan Unilever, BPCL and MOIL.
Future Consumer, Escorts, and HDFC Bank, among others, are on the radar of investors on Friday.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Godfrey Phillips with a stop loss of Rs 990 for target of Rs 930 and buy Godrej Consumer with a stop loss of Rs 980 for target of Rs 1050.
According to Prakash Gaba of prakashgaba.com, the Nifty is still weak and the logical technical target of 10013 is within reach and bounce from 10013 is not ruled out. But a breach of 10013 could take it further down to 9994-9923.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Balkrishna Industries, Ajanta Pharma and Dabur India and can sell BEML and IDFC Bank.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Adani Ports, BPCL and CESC and buy HT Media.
Ashwani Gujral of ashwanigujral.com recommends buying Heritage Foods, NBCC, Hexaware Technologies, BPCL, Wipro, Amara Raja Batteries and Shriram Transport Finance.
Ashwani Gujral of ashwanigujral.com suggests buying Eicher Motors, Jain Irrigation Systems and Axis Bank.
The global investment bank remains Overweight (OW) on auto parts and two-wheelers (2Ws) such as Eicher Motors.
This rating upgrade is critical because, at Baa3, India’s rating was just above speculative grade and was not reflecting the true picture of the reforms initiated by the Modi government in the past three years.
Mitessh Thakkar of mitesshthakkar.com recommends buying PVR and CESC and advises selling PTC India.
Axis Bank, SBI and M&M, among others, being tracked by analysts on Monday
Mitessh Thakkar of miteshthacker.com has a buy on Andhra Bank with a stop loss of Rs 61 for target of Rs 67.50 and a sell on Cadila Healthcare with a stop loss of Rs 472.50 for target of Rs 445.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Wipro and sell Bharat Petroleum Corporation.
Ashwani Gujral of ashwanigujral.com suggests buying Punjab National Bank, Indraprastha Gas and BPCL.
Ashwani Gujral of ashwanigujral.com suggests buying ICICI Bank and Future Consumer and advises holding L&T Finance Holdings.