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
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities is of the view that one can buy Bank of Baroda and Titan Company.
Ashwani Gujral of ashwanigujral.com suggests buying Punjab National Bank, Bank of Baroda and Canara Bank.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, State Bank of India and Adani Enterprises.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Engineers India and Indian Oil and can buy Can Fin Homes.
Mitessh Thakkar of miteshthacker.com recommends buying Castrol India with a stop loss of Rs 203.50 and target of Rs 214 and Cholamandalam Investment with a stop loss of Rs 1427 and target of Rs 1485.
Jay Thakkar of Anand Rathi Securities is of the view that one may buy Bharat Financial with a target of Rs 1090.
After a sharp correction seen throughout in the month of March, analysts feel that the Nifty could see a bounce back which could take the Nifty towards 10300-10400 levels. But, that would just be a ‘Dead Cat Bounce’ as the pain is not yet over.
Ashwani Gujral of ashwanigujral.com recommends buying Tech Mahindra with a stop loss of Rs 614 and target of Rs 635 and has a buy also on Tata Consultancy Services with a stop loss of Rs 3000, target of Rs 3150.
Kunal Saraogi of Equityrush is of the view that oen may buy Federal Bank with a target of Rs 97.
Credit Suisse continues to prefer private banks over PSU banks and has overweight calls on State Bank of India with a target of Rs 381 and Bank of Baroda with target of Rs184 while it is underweight on Bank of India with a target of Rs 122 per share.
Ashwani Gujral of ashwanigujral.com recommends selling Union Bank of India with a stop loss of Rs 100, target of Rs 88, Bank of India with a stop loss of Rs 106, target of Rs 94, Canara Bank with a stop loss of Rs 272, target of Rs 258 and ICICI Bank with a stop loss of Rs 300, target of Rs 285.
Mitessh Thakkar of miteshthacker.com recommends selling Cipla with a stop loss of Rs 590 and target of Rs 564 and advises buying NIIT Tech with a stop loss of Rs 854 and target of Rs 900.
Ashwani Gujral of ashwanigujral.com recommends selling Bank of Baroda, Canara Bank and JSW Steel.
Prakash Gaba of prakashgaba.com suggests shorting Bank of Baroda and Indiabulls Housing Finance.
In an interview with CNBC-TV18, MB Mahesh of Kotak Institutional Equities shared his view and reading on the impact of Reserve Bank of India’s (RBI) new rules on non-performing assets (NPAs).
Prakash Gaba of prakashgaba.com is of the view that one may hold Bank of Baroda.
IDFC Securities has Outperform call on Tata Steel with a target price at Rs 873 per share, saying the strategy to create a long-term JV with Thyssenkrupp is a long-term positive.
Morgan Stanley maintains an Equal Weight rating on the Bank of Baroda with a 12-month target price of Rs 195 which translates into an upside of nearly 25 percent from current level.
Prakash Gaba of prakashgaba.com is of the view that one can buy Coal India, Dish TV and DHFL and can sell Bank of Baroda.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy RIL, Berger Paints, IndusInd Bank and NCC and can sell PNB and Bank of Baroda.
The government has announced the details of the Rs 88,000 crore capital infusion plan for 20 public sector banks. In an interview with CNBC-TV18, Kunal Shah of Edelweiss Financial Services shared his views and outlook on the same.
Rakesh Bansal of RK Global is of the view that one may buy Bank of Baroda with a target of Rs 183.
Vijay Chopra of enochventures.com advises buying Petronet LNG with a target of Rs 252.
Ashwani Gujral of ashwanigujral.com recommends buying Orient Cement, Havells India and Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Canara Bank, Bank of Baroda and Punjab National Bank.