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
Rajat Bose of rajatkbose.com recommends selling Canara Bank and advises going long in Anant Raj.
According to Ashwani Gujral of ashwanigujral.com, one can sell Indoco Remedies and Canara Bank and buy CESC.
In an interview with CNBC-TV18, market expert SP Tulsian gave his views on public sector undertaking (PSU) bank stocks and told why he is bullish on logistic stocks.
CNBC-TV18's research team gives a list of top 10 stocks for the day. Stocks expected to gain are Glenmark, REC, PNB, Claris, Equitas Holdings, J Kumar Infra, Satin Credit Care while stocks expected to be under pressure are Bharat Forge, Sobha, Canara Bank, IDBI Bank, JBF Ind,HCL Infosystems and GM Breweries.
In an interview to CNBC-TV18, Sanjiv Bhasin of IIFL shared his reading and outlook on the market.
Gaurav Bissa of LKP Securities is of the view that one can buy Just Dial, Canara Bank and Indian Oil Corporation.
Rahul Mohinder of viratechindia.com recommends buying Canara Bank, Havells India and Motherson Sumi Systems.
SP Tulsian of sptulsian.com recommends booking profits in Dena Bank and Central Bank of India.
VK Sharma of HDFC Securities is of the veiw that one can buy Canara Bank 200 Call and Pidilite Industries 700 Call.
Prakash Gaba, Technical Analyst at prakashgaba.com is of the view that Bank of India may test Rs 97 while Canara Bank may hit Rs 210.
According to Ashu Madan of Religare Securities, one may hold South Indian Bank with long term view.
Sanjiv Bhasin of IIFL is of the view that one can prefer State Bank of India, Canara Bank, Bank of Baroda and Punjab National Bank.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank and Dredging Corp and advises selling Sun Pharma.
Sameet Chavan of Angel Broking advises buying Canara Bank with a target of Rs 208.
Sameet Chavan of Angel Broking advises buying Apollo Hospital with a target of Rs 1420.
Manish Sharma of derivativetradingresearch.com is of the view that one may buy Tata Global with a target of Rs 128.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18, gave his views on various stocks.
Jay Thakkar of Sharekhan suggests buying Nalco with a target of Rs 45.10.
SP Tulsian of sptulsian.com talks about the fundamentals of companies like Tata Motors, SBI, PVR, Bombay Dyeing and Reliance Communication.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 shared his views on quarterly earnings of Transformers and Rectifiers and ONGC. He also spoke about his expectations from SBI and way forward for PSU banks.
Sandeep Wagle of powermywealth.com recommends buying Petronet LNG, Tata Chemicals and Canara Bank.
Ashwani Gujral of ashwanigujral.com recommends selling Canara Bank and Cairn India and advises buying L&T Finance Holdings.
Ambareesh Baliga, Market Expert is of the view that one can buy State Bank of India, PNB, Bank of Baroda and Canara Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance and sell Canara Bank and Reliance Infra.
SP Tulsian, sptulsian.com, shares his views on Glenmark, PSU bank stocks and why he is bearish on NBFC stocks.