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
Chandan Taparia of Anand Rathi Securities recommends going long in Hindustan Petroleum Corporation for a target of Rs 710.
JK Jain of Karvy Stock Broking recommends buying HPCL 680 Call and sell 720 Call.
VK Sharma of HDFC Securities is of the view that one can buy Dabur India 280 Call.
Gaurav Bissa of LKP Securities recommends going long in Hindustan Petroleum Corporation 640 Call.
Sudarshan Sukhani of s2analytics.com is of the view that BPCL is a positional buy.
Sudarshan Sukhani of s2analytics.com recommends buying Axis Bank and Hindustan Petroleum Corporation and advises selling Rural Electrification Corporation.
Rahul Shah of Motilal Oswal is of the view that one can buy Hindustan Petroleum Corporation futures at current price.
Anish Damania, Head-Institutional Equities at IDFC Securities is of the view that one may prefer Infosys, Tech Mahindra, HPCL, IOC, Sun Pharma, Cipla and Strides Arcolab.
Sudarshan Sukhani of s2analytics.com recommends buying BPCL as the stock may head higher.
Goldman Sachs expects another Rs 2,700 crore to come from the government towards direct transfer of LPG subsidy, taking the OMCs' total receipts to Rs 8,000 crore.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may stay invested in Hindustan Petroleum Corporation.
Mithil Pradhan of Violet Arc Global Managers recommends going long in Hindustan Petroleum Corporation with a target of Rs 740-Rs 750.
Vishal Malkan of malkansview.com recommends buying Hindustan Petroleum Corporation with a target of Rs 690.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Petroleum Corporation.
Here are top 10 stocks to focus on April 9 – HPCL, Arvind, Bank Nifty, Max India, Gujarat Fluoro, SAIL, Coal India, IDFC, Bharat Forge and ABG Shipyard.
P Phani Sekhar of Karvy Stock Broking is of the view that one may look at HPCL and Cairn India.
Sudarshan Sukhani of s2analytics.com recommends buying Glenmark Pharma, Bharat Forge and HPCL.
Rahul Mohindar of viratechindia.com is of the view that one can pick Hindustan Petroleum Corporation with a target of Rs 700.
Sameet Chavan of Angel Broking recommends buying HPCL and advises selling YES Bank.
Ashish Chaturmohta of Fortune Group recommends going long in Hindustan Petroleum Corporation with a target of Rs 710.
Rahul Shah of Motilal Oswal recommends buying Hindustan Petroleum Corporation with a target of Rs 700.
Sudarshan Sukhani of s2analytics.com recommends buying Hindustan Petroleum Corporation.
Here are top 10 stocks to keep an eye on April 1 - PNB, HPCL, HCL Tech, JP Power, Zuari Agro, Chambal Fertilisers, Gammon Infra, eClerx, Kalpataru Power and JSW Energy.
According to Krish Subramanium of Altamount Capital, HPCL is the preferred pick.
Kunal Bothra of LKP Securities recommends buying HPCL as the stock may test Rs 680 in the next 3-5 trading sessions.