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 recommends buying Escorts and Allahabad Bank.
Rakesh Bansal of RK Global suggests buying Global Vectra Helicorp with a target of Rs 146.
Vijay Chopra of enochventures.com is of the view that one may buy IDBI Bank with a target of Rs 75.
According to Prakash Gaba of prakashgaba.com, one may remain invested in Allahabad Bank.
According to Prakash Gaba of prakashgaba.com, Ajanta Pharma and Allahabad Bank are looking weak.
Sumeet Jain of Destimoney Securities is of the view that one may buy Hexaware Technologies with a target of Rs 211.50.
Rakesh Bansal of RK Global is of the view that one may sell Biocon with a target of Rs 832.
Shahina Mukadam, Independent Market Expert suggests buying Lovable Lingerie with a target of Rs 298.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Canara Bank, Andhra Bank, Ceat and IRB Infra.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy NTPC and sell Allahabad Bank, Infosys, Reliance Capital and Mindtree.
According to Mitesh Thacker of miteshthacker.com, one can sell Axis Bank, Allahabad Bank and Canara Bank and buy Gati and Adani Ports.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Ajanta Pharma, Allahabad Bank and Divis Lab and buy PC Jeweller and Tata Sponge.
Ashwani Gujral of ashwanigujral.com recommends selling Tech Mahindra, Allahabad Bank and UltraTech Cement.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Allahabad Bank and HDFC Bank.
Kunal Saraogi of Equityrush advises selling IDBI with a target of Rs 68.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Construction Company, Bajaj Finserv and Torrent Pharma and advises selling Indiabulls Housing and Cairn India.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Allahabad Bank and Bharat Petroleum Corporation.
Mitesh Thacker of miteshthacker.com recommends selling Allahabad Bank, CONCOR and HDIL.
Jay Thakkar of Sharekhan recommends buying Allahabad Bank with target of Rs 82.20 and Eros International with a target of Rs 239.80.
Mitesh Thacker of miteshthacker.com advises buying Union Bank of India and Allahabad Bank.
Ruchit Jain of Angel Broking is of the view that one may buy Union Bank of India with a target of Rs 140.
Sandeep Wagle of powermywealth.com recommends buying Allahabad Bank, CESC and JSW Steel.
Manas Jaiswal of manasjaiswal.com recommends buying Allahabad Bank.
Sandeep Wagle of powermywealth.com recommends buying Zee Entertainment Enterprises, Marico and Allahabad Bank.
Manish Sharma of derivativetradingresearch.com is of the view that one may sell Allahabad Bank with a target of Rs 71.