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
Here's a list of top 10 stocks that are in news today due to fourth quarter earnings, entry into F&O segment and merger deals.
Vishal Malkan of malkansview.com recommends holding Andhra Bank with a target of Rs 85.
Sanjay Dutt, director at Quantum Securities is optimistic on PSU banks including Bank of Baroda and Canara Bank.
Dipan Mehta, Member at BSE & NSE is of the view that one may look at State Bank of India.
Chandan Taparia of Anand Rathi Securities recommends selling Bank of Baroda with a target of Rs 165.
Krish Subramanyam of Altamount Capital has a positive stance on Bank of Baroda and State Bank of India.
According to Manish Gunwani of ICICI Prudential AMC, one may look at PSU banking stocks with a long term view of 2-3 years.
Devang Mehta of Anand Rathi Financial Services is of the view that Tata Steel and Coal India are contra bets and so are SBI and Bank of Baroda.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Punjab National Bank, Bank of Baroda and Canara Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Bank of Baroda and Canara Bank and feels that Kotak Mahindra Bank may head higher.
Mayuresh Joshi - fund manager - PMS at Angel Broking is of the view that Axis Bank and YES Bank are the top picks.
Vishal Goyal, executive director, Leading Banks & Fin Research at UBS prefers State Bank of India, HDFC Bank, Bank of Baroda, Axis Bank and LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com recommends shorting Oriental Bank of Commerce, Punjab National Bank (PNB), Dena Bank, Andhra Bank and UCO Bank at the current level.
Sudarshan Sukhani of s2analytics.com is of the view that one may see lower levels in Bank of Baroda.
Mayuresh Joshi of Angel Broking is of the view that one may look at Axis Bank, ICICI Bank and YES Bank.
Amit Harchekar of A Plus Analytics recommends buying Coal India and advises shorting Bank of Baroda.
Sudarshan Sukhani of s2analytics.com is of the view that one may short PNB, Andhra Bank and Dena Bank and feels that one may avoid Canara Bank, Bank of Baroda and State Bank of India.
Here are top 10 stocks to focus on March 17 - HCL Technologies, Jet Airways, Dr Reddys, Hindustan Unilever (HUL), HDFC Bank, Bank of Baroda, Amtek Auto, Indian Hotel, BHEL and Zee Media.
Ashish Chaturmohta of Fortune Group recommends shorting Bank of Baroda with a target of rs 158-160 in next 3-4 trading sessions.
Sudarshan Sukhani of s2analytics.com recommends selling Bank of India on rally.
Amit Rathi, MD at Anand Rathi Financial Services is of the view that private sector banks will continue to outperform the PSU banks.
Here are 20 stocks to buy recommended by Prabhudas Lilladher. Market experts see it to be a well-balanced Budget and expect it to give some legs to the rally on Monday. Ramesh Damani, Member, BSE also agrees that it may not be a big bang Budget but it seems like a big bold Budget.
In an interview to CNBC-TV18, Jignesh Shial, Banking Analyst at IDBI Capital shares his views on the government‘s announcement of the change in PSU banks‘ chiefs selection process.
Here are top 10 stocks to focus on February 27 - GMR Infra, Century Textiles, Bank of Baroda, Punjab National Bank, Bank of India, Canara Bank, IDBI Bank, Rolta, BEL and Tata Power.
Devang Mehta of Anand Rathi Financial Services is of the view that one may look at largecap PSU banks including State Bank of India and Bank of Baroda.