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
Rakesh Bansal of RK Global advises buying Exide Industries with a target of Rs 173.
Rakesh Bansal of RK Global advises buying Bank of Baroda with a target of Rs 197.
Dharmesh Kant of India Nivesh Securities is of the view that one may buy Sintex Industries with a target of Rs 124.
Sudarshan Sukhani of s2analytics.com advises exiting Central Bank of India. State Bank of India, Punjab National Bank and Bank of Baroda are far better than Central Bank of India, he adds.
Nischal Maheshwari of Edelweiss Financial Services is of the view that one may avoid PSU banks.
Harsha Upadhyaya, Head of Equities at Kotak Mutual Fund is cautious on public sector undertaking (PSU) banking space. He believes the non-performing asset (NPA) cycle has not seen worst of it.
Sharmila Joshi of Fairwealth Securities recommends buying Mahindra & Mahindra Financial Services with a target of Rs 280 and Biocon with a target of Rs 345.
Lancelot D Cunha of ITI Wealth Management advises buying Mangalore Chemical and Fertiliser with a target price of Rs 53.50 and Sun Pharma Advanced Research Company with a target price of Rs 146.
Parag Doctor, Head-Trading Strategies of Keynote Capital's is of the view that one may see Central Bank of India dip to Rs 50 and advises to look for larger banks which are part of the Nifty or Bank Nifty in the PSU space.
Manas Jaiswal of manasjaiswal.com is bullish on HDFC Bank and Bank of India. One can buy HDFC Bank at current levels with a stop loss of Rs 699.
Parag Doctor, Head - Trading Strategies, Keynote Capital's Ltd expects a rally to continue in towards the Rs 80 maybe even Rs 85 levels in this current momentum and that would be a good time to exit Central Bank of India.
Sudarshan Sukhani of s2analytics.com advised switching from Central Bank of India into State Bank of India or Bank of Baroda or Punjab National Bank (PNB).
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Peerless Securities shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
The market is gearing up for key earnings results next week including from Tata Consultancy Services Ltd (TCS) , Reliance Industries Ltd and ITC Ltd. Inflation data is also expected on Monday.
Prakash Diwan, Prakash Diwan's Wealth Circle is bullish on the midcap PSU bank.
Phani Sekhar, Angel Broking is of the view that one can prefer Canara Bank, State Bank of India to Central Bank.
Sudarshan Sukhani, s2analytics.com advice traders to buy JP Associates and Central Bank on dip.
On CNBC-TV18's show Super Six, market gurus Arunesh Madan of Augment Investment, Shardul Kulkarni of Angel Broking and Rajesh Jain of Religare Securities, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Sudarshan Sukhani, s2analytics.com view on Pantaloon and banking stock.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Central Bank of India.
SP Tulsian, sptulsian.com advice traders to go long in Allahabad Bank, Andhra Bank and UCO Bank.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst, manasjaiswal.com, Arunesh Madan, Founder and Director of Augment Investment Pvt ltd and Sanjeev Agarwal, CEO, Dynamix Research & Capital Management place their bets on two stocks each, thus offering investors a variety of options to choose from.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst, manasjaiswal.com, Arunesh Madan, Founder and Director of Augment Investment Pvt ltd and Sanjeev Agarwal, CEO, Dynamix Research & Capital Management place their bets on two stocks each, thus offering investors a variety of options to choose from.