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
Sudarshan Sukhani of s2analytics.com is of the view that most PSU banks are short selling opportunities including Bank of Baroda.
Rajat Bose of rajatkbose.com advises buying Punjab National Bank, Axis Bank and Bank of Baroda.
Chandan Taparia of Anand Rathi Securities recommends buying State Bank of India, Maruti Suzuki and HCL Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying Colgate Palmolive, YES Bank and Bank of Baroda.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finance, Shriram Transport, Cox & Kings, Unichem Laboratories and Bank of Baroda.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Bank of Baroda and Oriental Bank of Commerce.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks for the day and talked about the public sector undertaking (PSU) banking space.
Ashwani Gujral of ashwanigujral.com recommends buying Oriental Bank of Commerce, Bank of Baroda and Union Bank of India.
Rajesh Agarwal of Aum Capital suggests holding Bank of Baroda.
Prakash Gaba of prakashgaba.com is of the view that one may stay invested in Bank of Baroda.
The brokerage firm says that corporate banks have either recognised a large part of their stressed assets as non-performing assets (NPAs) in H2FY16 or have declared a large watchlist.
Sudarshan Sukhani of s2analytics.com is of the view that Bank of Baroda may move higher.
Aditya Agarwal of Way2wealth Securities is of the view that one can sell Bank of Baroda and go long in CESC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Gujarat Pipavav and sell NTPC and Tata Motors.
Ashwani Gujral of ashwanigujral.com recommends buying Sobha and HDFC Bank and feels that Punjab Natiobal Bank looks strong.
CA Rudramurthy BV of Vachana Investments is of the view that one can buy State Bank of India and Bank of Baroda and sell Bharti Infratel.
Sanjiv Bhasin of IIFL is of the view that one can prefer State Bank of India, Canara Bank, Bank of Baroda and Punjab National Bank.
Prakash Gaba of prakashgaba.com recommends shorting State Bank of India and feels that Tata Steel may test Rs 327.
Manish Hathiramani of Deen Dayal Investments recommends buying Punjab National Bank, bank of Baroda and Reliance Industries.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank and Dredging Corp and advises selling Sun Pharma.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Bank of Baroda and avoid Larsen and Toubro.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18, gave his views on various stocks.
Prakash Gaba of prakashgaba.com is of the view that Ashok Leyland may test Rs 113 while SBI may hit Rs 210.
SP Tulsian of sptulsian.com talks about the fundamentals of companies like Tata Motors, SBI, PVR, Bombay Dyeing and Reliance Communication.