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
Buy HPCL, says Sudarshan Sukhani of s2analytics.com. It had big base, then a breakout from that base and a correction that absolutely stopped at Rs 320 which is now coming out at strong support.
See 30% upside in Indraprastha Gas, says Aashish Tater, Head of Research, Fortunewizard.com. The stock used to hover around Rs 350-360 before this issue of PNGRB versus IGL started and then tanked down to Rs 200 when there was a question of net worth erosion because it distributed lot of dividends in past four-five years plus the challenge.
Sudarshan Sukhani, s2analytics.com advises professional traders to short GAIL, ONGC and Reliance Industries.
ONGC has resistance around Rs 305-310, says SP Tulsian, sptulsian.com.
SP Tulsian, sptulsian.com, says that Sintex has posted numbers in line with the expectation and he has a positive view on the stock. However, he is negative on all UP-based sugar stocks.
Buy Indian Oil Corporation (IOC) 300 Call at around Rs 5 keeping a stop loss of Rs 2 and hoping to sell at Rs 12, says VK Sharma, HDFC Securities.
Buy GAIL on dips, says Siddharth Bhamre, Angel Broking.
Rajesh Agarwal, Eastern Financiers is of the view that one can invest in Cairn India than GAIL.
GAIL and ONGC are looking attractive, says Sudarshan Sukhani of s2analytics.com.
Go long in GAIL, says Sudarshan Sukhani of s2analytics.com.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market and stocks across various sectors.
Sudarshan Sukhani, s2analytics.com is of the view that one can short sell GAIL. “We have been bullish on Sun TV,†he added.
SP Tulsian of sptulsian.com, says that he has a positive view on Sintex because there is no fear of FCCB redemption happening and the share can move to Rs 85-90 as the business model is much in place and the company has a cash flow of Rs 400-450 crore every year.
More downsides in Gail, says Sudarshan Sukhani of s2analytics.com. It has been in a downtrend of its own. It has again broken down from a trading range and this is not the first breakdown, it has broken down repeatedly.
In an interview to CNBC-TV18, SP Tulsian, sptulsian.com adviced not to go with the quarterly numbers of stocks like ONGC, Oil India and GAIL,the oil marketing and upstream companies since it is a futile exercise and the whims of the oil and natural gas ministry are unknown.
Reliance Capital and Purvankara posted their results today. While Reliance Capital made a profit of over Rs 400 crore including the sale of 26 percent of its asset management company, Purvankara Projects‘ consolidated net profit jumped 89.4 percent to Rs 50.2 crore from Rs 26.5 crore in a year ago period.
Bharti Airtel may test Rs 300, says Sudarshan Sukhani of s2analytics.com.
SP Tulsian of sptulsian.com, says that he has a positive stance since the stock corrected to Rs 200. Even if they post an EPS of Rs 5-6 for the second quarter but the order execution will happen in the fourth quarter. One can expect an EPS of close to Rs 21-22 for whole of FY13.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell GAIL India.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Amit Rustagi, Antique Stock Broking, says that he holds a positive view on Petronet however, we are not positive on GAIL.
SP Tulsian, sptulsian.com shares his view on GAIL. He feels things should not be negative for the company from hereon.
SP Tulsian of sptulsian.com expects funds to flow from pharmaceutical, IT and FMCG to banking and metal stocks today.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Gail. This stock shows nothing in terms of bullishness. It‘s falling. It seems to be entering a bear market of its own.