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
Vineet Bhatnagar, MD at Phillip Capital is of the view that Bank of Baroda is a valuation pick.
Chandan Taparia of Anand Rathi Securities recommends going long in Axis Bank and advises selling Bank of Baroda.
Dipan Mehta, Member at BSE & NSE is of the view that one need gets neutral to slightly underweight in banks.
Nooresh Merani of Analyse India is of the view that one may hold Suzlon Energy and Bank of Baroda.
CK Narayan, MD at Growth Avenues is of the view that one can buy Voltas on dips as the stock may rise to Rs 400.
Vishal Malkan of malkansview.com is of the view that one may buy Bank of Baroda.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Punjab National Bank or Bank of Baroda.
Niraj Dalal, founding partner at 3A Capital Advisors is of the view that Cipla is an investing opportunity.
Girish Pai of Nirmal Bang Institutional Equities is overweight on banking sector.
Devang Mehta of Anand Rathi Financial Services is of the view that one may prefer PSU banks including Bank of Baroda.
Mahantesh Sabarad - Deputy VP - Research at SBI Capital Securities is of the view that one may prefer UltraTech Cement and Bank of Baroda.
Parag Jariwala of Religare Capital Markets is of the view that one may avoid PSU banks.
Sharmila Joshi of sharmilajoshi.com is of the view that one may stay invested in Bank of Baroda.
Rajat Bose of rajatkbose.com recommends shorting Larsen & Toubro as the stock may head lower and test Rs 1505.
According to Nooresh Merani of Analyse India, one may enter Bank of Baroda at around Rs 140-145.
Midcap stocks which were favoured by the market on Monday saw some sharp selling today. But fret not, here are some midcap trading ideas suggested by Credit Suisse.
Shubham Agarwal of Motilal Oswal Securities is of the view that one may hold Bank of Baroda.
Mayuresh Joshi of Angel Broking is of the view that one may look at Bank of Baroda or State Bank of India.
Meghana V Malkan of malkansview.com is of the view that one may stay invested in Bank of Baroda.
Sameet Chavan of Angel Broking is of the view that Bank of Baroda may touch Rs 173-176.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Bank of Baroda (BOB), Tata Motors, Geometric Soft, Arshiya Intl, Relaxo Footwear & Siyaram Silk Mills.
Neeraj Deewan of Quantum Securities is of the view that one may pick PSU banks for long term.
Gaurav Bissa of LKP Securities recommends holding Bank of Baroda and advises exiting the stock at around Rs 145.
Devang Mehta of Anand Rathi Financial Services is of the view that one may prefer private sector banks.
Ashish Chaturmohta of Fortune Group recommends going long in Kotak Mahindra Bank with a target of Rs 1440 and feels that Bank of Baroda may test Rs 154-155.