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
Ashwani Gujral of ashwanigujral.com is of the view that one can sell ICICI Prudential Life Insurance, Muthoot Finance, Canara Bank and BoB and can buy Tata Motors DVR.
The market buoyancy is likely to continue in 2018 as well, though it could be volatile due to events like states elections, Union Budget. The Nifty50 is expected to give 10-15 percent return and the midcaps are likely to continue their outperformance in the coming year, experts suggest.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Reliance Industries, Cipla and Yes Bank.
Mitessh Thakkar of miteshthacker.com suggests buying Syndicate Bank and Bank of Baroda.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy HDFC Bank, Zee Entertainment, Bharat Forge, Adani Power and PSU banks.
Mitessh Thakkar of miteshthacker.com suggests buying Engineers India, Bank of Baroda, Jet Airways and Nestle India.
Ashwani Gujral of ashwanigujral.com suggests buying Simplex Infra, NCC and United Spirits.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Gruh Finance, Praj Industries, ABB, Bank of Baroda and Colgate Palmolive (India) and advises selling Century Textiles and Industries.
Ashwani Gujral of ashwanigujral.com recommends buying SBI, PNB, Bank of Baroda, Godrej Properties and United Breweries.
The global investment bank remains Overweight (OW) on auto parts and two-wheelers (2Ws) such as Eicher Motors.
Ashwani Gujral of ashwanigujral.com recommends buying Raymond, Kwality, GMDC, Bajaj Finance, Idea Cellular and Bombay Burmah.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Indian Bank, PNB and Bank Of Baroda.
According to Shahina Mukadam, Independent Market Expert, one may hold Bank of Baroda.
Axis Capital has maintained its hold rating on Bank of Baroda with a target price of Rs 180 per share post earnings, as the research house does not see huge upside post recent run-up.
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks and sectors.
Mitessh Thakkar of miteshthacker.com recommends selling HDFC Bank below Rs 1790 with stop loss of Rs 1806 for target of Rs 1755 and a sell on Marico with a stop loss of Rs 305 for target of Rs 285. He has a buy on V-Guard Industries with a stop loss of Rs 220 for target of Rs 250.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, ICICI Bank and Bank of Baroda.
Prakash Gaba of prakashgaba.com suggests buying Ashok Leyland and Bank of Baroda.
Aurobindo Pharma, L&T, Karnataka Bank, Indian Bank, REC Ltd, NTPC, DLF and Sun TV are looking attractive on technical setup.
Ashwani Gujral of ashwanigujral.com suggests buying Godrej Consumer, HDFC, Hindustan Unilever, Raymond, Uflex, Avanti Feeds and Mahanagar Gas.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer State Bank of India.
Morgan Stanley in a research note said that the India government plan to recapitalise banks or troubled asset relief program (TARP) will break the five-year-plus cycle of NPLs.
The bull charge was led by Punjab National Bank which zoomed over 30 percent while Bank of Baroda spiked 22.95 percent followed by Bank of India which gained 21.17 percent. State Bank of India was the other top gainer which added 17.88 percent in the morning trade.
Mitessh Thakkar of mitesshthakkar.com has a buy on Vijaya Bank with a target of Rs 66, a buy on NTPC with a target of Rs 190 and a buy Oil India Limited with a target of Rs 358.
Ashwani Gujral of ashwanigujral.com recommends buying Bank of Baroda, Zee Entertainment Enterprises and GAIL India.