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
Gaurav Bissa of LKP Securities advises buying HCL Technologies with a target of Rs 900.
Parag Thakkar of HDFC Securities recommends accumulating ICICI Bank, SBI and Bank of Baroda on every dip.
Sudarshan Sukhani of s2analytics.com recommends selling Bank of Baroda.
Here are a few top buzzing midcap stocks by CNBC-TV18's analysts for trade today - Vedanta, Zensar, Tata Steel, Motherson Sumi, Rural Electrification Corporation (REC), Power Finance Corporation (PFC), Tamil Nadu Newsprint and Papers Limited (TNPL), Arvind Infra, Bank of Baroda & Unichem Industries.
Kiran Jadhav of Precision Investment Services is of the veiw that one may prefer Reliance Communications and advises looking at TVS Motor, PNB and BoB.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Canara Bank, Bank of Baroda, Andhra Bank and Punjab National Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Bank of Baroda, GAIL India and Century Textiles and Industries.
According to Sudarshan Sukhani of s2analytics.com, one can buy Canara Bank and feels that there are opportunites also in Punjab National Bank and Bank of Baroda.
Parag Thakkar of HDFC Securities likes domestic cyclicals led buy banks, cement and construction companies and recommends buying Bank of Baroda, ICICI Bank, Axis Bank and State Bank of India.
Amit Gupta of ICICIdirect recommends buying Bank of Baroda 190 call.
Hemant Thukral of Aditya Birla Money recommends going long in Bank of Baroda as the stock may hit Rs 197-200.
Sameet Chavan of Angel Broking recommends switching on to good names like State Bank of India and Bank of Baroda from Dena Bank.
Gaurav Bissa of LKP Securities suggests buying Bank of Baroda with a target of Rs 200.
Sandip Sabharwal of asksandipsabharwal.com is of the view that ICICI Bank looks attractive and feels that HDFC Bank will outperform over the next one year.
Hemant Thukral of Aditya Birla Money is of the view that Bank of Baroda will move towards Rs 195-200.
Rahul Mohindar of viratechindia.com is of the view that one may keep HDFC Bank, Punjab National Bank and Bank of Baroda in the portfolio.
Vishal Malkan of malkansview.com suggests buying Bank of Baroda and Axis Bank.
Kunal Bothra of LKP is of the view that Bank of Baroda may test Rs 206.
VK Sharma of HDFC Securities is of the view that one mat buy IndusInd Bank 920 Call and Axis Bank 500 Call.
Jigar Shah, CEO at Kim Eng Sec India likes State Bank of India, Bank of Baroda and Punjab National Bank.
Sudarshan Sukhani of s2analytics.com is of the view that Punjab National Bank, Bank of Baroda and YES Bank are worth buying.
Rahul Mohindar of viratechindia.com recommends buying Bank of Baroda and HDFC Bank.
Nooresh Merani, CEO at Analyse India is of the view that one may avoid Jain Irrigation Systems and feels that one may look at Bank of Baroda.
Manoj Murlidharan of Religare Securities recommends buying Bank of Baroda with a target of Rs 198.
Meghana V Malkan of malkansview.com is of the view that one may prefer Bank of Baroda and IndusInd Bank.