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
Parag Doctor of Keynote Capital recommended buy rating on Allahabad Bank, Syndicate Bank, LIC Housing Finance and Housing Development and Infrastructure.
Sudarshan Sukhani of s2analytics.com is bearish on Allahabad Bank. At the current level of Rs 122-123 the stock is just ready to break a significant support level, he adds.
Prakash Diwan of Prakash Diwan's Wealth Circle recommended buy rating on Indian Hotels, IOC and Amara Raja Batteries. However, he advised to short Allahabad Bank.
According to Sudarshan Sukhani of s2analytics.com, Allahabad Bank is a selling opportunity. He feels there is more downside in the stock.
SP Tulsian of sptulsian.com sees much correction in Allahabad Bank further, after disappointing results in fourth quarter. He is negative on the stock.
Jagannadham Thununguntla, Strategist & Head of Research, SMC Global Securities Limited is of the view that short tem trader should exit Allahabad Bank.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited suggests sell Allahabad Bank at this point of time and switch to Bank of Maharashtra.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater of FortuneWizard.com shares his trading strategies for 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.
Siddharth Bhamre of Angel Broking advised going long in Allahabad Bank with a target of Rs 144 and a stoploss of Rs 128.
On CNBC-TV18's show Super Six, market gurus Rajesh Jain, Religare Securities, Vikrant Jadeja, vibranttrades.com and Vishal Malkan, malkansview.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Hemant Thukral of Aditya Birla Money recommended top picks for the day.
On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni Angel Broking, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, Vibrant Trades share, place their bets on two stocks each, thus offering investors a variety of options to choose from.
One can short Allahabad Bank, says Sudarshan Sukhani of s2analytics.com.
One can short Allahabad Bank, says Sudarshan Sukhani of s2analytics.com. Sukhani told CNBC-TV18, "Allahabad Bank is making new low. The Bank Nifty also did that although Nifty has not done it; still holding on to life with 5,660 intact.â€
In CNBC-TV18's popular show Bull's Eye, Parag Doctor, Keynote Capital 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.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.
Sudarshan Sukhani of s2analytics.com feels Allahabad Bank is a selling opportunity because it had the best chart for selling.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Hemant Thukral of Aditya Birla Money give top pick for the day.
Buy Allahabad Bank, says Sudarshan Sukhani of s2analytics.com.
According to SP Tulsian of sptulsian.com, Allahabad Bank looks a better buy from a one week perspective.
Syndicate Bank, Allahabad Bank and Andhra Bank are good shorting candidates, says SP Tulsian, sptulsian.com.
Sudarshan Sukhani of s2analytics.com feels that Allahabad Bank may slip to Rs 138-135.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.