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 Canara Bank and Bank of India are short selling ideas.
Sudarshan Sukhani of s2analytics.com recommends buying State Bank of India from the PSU banking space and HDFC Bank.
R Sreesankar, Head-Institutional Equities at Prabhudas Lilladher likes State Bank of India and Bank of Baroda.
Rahul Mohindar of viratechindia.com is of the view that Axis Bank and SBI are worthy picks.
Parag Thakkar of HDFC Securities is of the view that one can buy Bank of Baroda with a view of 2-3 years.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Punjab National Bank from the PSU banking space.
Simi Bhaumik of simibhaumik.com recommends buying HCL Infosystems with a target of Rs 69-74 and Crompton Greaves with a target of Rs 206-212.
Simi Bhaumik of simibhaumik.com is bullish on M&M with a target of Rs 435-455.
Prakash Gaba of prakashgaba.com feels that Bank of Baroda can test Rs 184.
Sudarshan Sukhani of s2analytics.com is of the view that one may pick Punjab National Bank, Bank of Baroda and Syndicate Bank.
Sacchitanand Uttekar of Motilal Oswal Financial Services recommends selling Bank of Baroda and UPL.
Kunal Bothra at LKP Securities is of the view that Bank of India and Bank of Baroda are looking weak on charts.
Sudarshan Sukhani of s2analytics.com advises buying PSU banking stocks.
Sanjay Dutt, Director of Quantum Securities is of the view that one may prefer State Bank of India and Bank of Baroda.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Axis Bank.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Larsen and Toubro (L&T) with a target of Rs 1435.
Nooresh Merani of Asian Market Securities feels that Bank of Baroda may touch Rs 190-200.
Neeraj Deewan of Quantum Securities is of the view that PSU banks should be part of the portfolio.
Sudip Bandopadhyay, Market Expert recommends buying Bank of Baroda at current level and has a cautious view on State Bank fo India.
Prakash Diwan of prakashdiwan.in is of the view that one can look at buying fresh in Bank of Baroda with an outlook for the next couple of years.
Rajat Bose of rajatkbose.com is of the view that Bank fo Baroda is a contrarian buy and feels that the stock may see a pull back to Rs 165-170.
Prakash Diwan of prakashdiwan.in prefers Tata Motors and feels that one may look at Lloyd Electric and Engineering.
Sameet Chavan of Angel Broking recommends buying Bank of Baroda and advises selling Godrej Industries.
Sameet Chavan of Angel Broking is of the view that one may buy UltraTech Cement with a target of Rs 3040.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bank of Baroda.