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
Like peers, FY18 could be a better year for GCPL despite GST transition in India, Citi feels.
Reliance, Godrej Consumer, among others, are on the radar of investors today.
Bharat Electronics, Reliance Industries, Godrej Consumer Products are on the radar of Religare Securities
Mitessh Thakkar of miteshthacker.com suggests buying Bharat Forge, NHPC and Caplin Point and has a sell on Ramco Cement below Rs 670.
From the last few sessions, Nifty is showing sideways moves but with positive bias along with the addition of decent open interest.
Mitessh Thakkar of mitesshthakkar.com recommends buying Godrej Consumer, BPCL and LIC Housing Finance.
Nifty has support at 9550 and resistance at 9634-9660 while Bank Nifty has support at 23250 and resistance at 23600, says Prakash Gaba of prakashgaba.com.
Prakash Gaba of prakashgaba.com
Jay Thakkar of Sharekhan advises buying Bliss GVS Pharma with a target of Rs 187.
Sudarshan Sukhani of s2analytics.com suggests buying Hexaware Tech, Godrej Consumer Products and India Cements.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance and HDFC.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Arvind, EIL, Godrej Consumer and ONGC and can sell Equitas Holdings.
Mitessh Thakkar of miteshthacker.com recommends buying Allahabad Bank and Godrej Consumer Products.
Mitessh Thakkar of miteshthacker.com recommends buying Eveready Industries, NBCC, Colgate Palmolive and Godrej Consumer Products.
Amit Gupta of ICICIdirect suggests buying Petronet LNG 420 Call and Hindustan Unilever 920 Call.
Amit Gupta of ICICIdirect is of the view that one can buy L&T while Godrej Consumer may hit Rs 1750.
Mitesh Thakkar of miteshthacker.com recommends buying MRF and Godrej Consumer Products.
Mitessh Thakkar of miteshthacker.com recommends buying Tata Communications, Zee Entertainment, Godrej Consumer Products and KPR Mill.
Sandeep Wagle of powermywealth.com advises buying Godrej Consumer Products, Voltas and Titan Company.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hexaware Technologies and Godrej Consumer Products and sell Engineers India and Tata Steel.
Jay Thakkar of Sharekhan advises selling JSW Energy with a target of Rs 59.80.
Mitessh Thakkar of miteshthacker.com recommends buying Godrej Consumer and Bharti Airtel.
CLSA has downgraded HPCL to sell from outperform, with increased target price at Rs 540 from Rs 480 and EPS for FY17 by 8 percent & by 1-2 percent for FY18-19. Core refining margin was disappointing for third straight quarter, the brokerage house says, adding it relaxed EV/EBITDA multiple to 7.5x from 7x earlier.