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
Bhavesh Chauhan of Angel Broking advises to invest in SAIL.
Kunal Saraogi of Equityrush feels that SAIL can touch Rs 120-122.
Metal stocks look weak, says Hemant Thukral, Head- Derivatives Research, SBI Capital Securities.
Hemen Kapadia, Technical Analyst, chartpundit.com feel that, BHEL would probably outperform the markets just a little bit.
Banking, metals spaces look weak, says Rahul Mohindar, viratechindia.com.
Enter SAIL around Rs 140-145 with one to two year perspective, says PN Vijay, Portfolio Manager.
Buy Reliance Comm with long term perspective, says PN Vijay, Portfolio Manager, www.askpnvijay.com.
Hold SAIL, says Sharmila Joshi, Head of Equities, Fairwealth Securities.
Prefer LIC Housing to IDFC, says Mithil Pradhan, Technical & Derivatives Analyst.
Short SAIL, says Ashish Tater of Fort Share Broking.
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.
Buy SAIL around Rs 141-142, says Siddharth Bhamre, Angel Broking.
ONGC may bounce to Rs 275-278, says Ambareesh Baliga, COO of Way2Wealth.
Stay away from ONGC, says VK Sharma, HDFC Securities.
Pick SAIL at around Rs 120-125, says Phani Sekhar, Fund Manager, Angel Broking.
Manoj Singla, MD & Co- Head Product, Religare Capital Markets Ltd is negative on SAIL.
Be cautious on Tata Steel and SAIL, says Anil Manghnani, Modern Shares & Stock Brokers.
Pick SAIL, says Radhika Gupta, Director, Forefront Capital Management.
Prashastha Seth, Senior VP, IIFL Private Wealth is of the view that Steel Authority of India, SAIL looks expensive.
Book profit in BHEL, says Anil Manghnani, Modern Shares & Stock Brokers.
Buy SAIL, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
VK Sharma, Head-Private Broking & Wealth, HDFC Securities feels that one can prefer Tata Steel.
SAIL is looking oversold, says Sushil Kedia, President, ATMA.
Buy SAIL 170 put, says VK Sharma, HDFC Securities.
Stay away from SAIL, says TS Anantakrishnan, Head - Prime Wealth Management.