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
Watch the interview of Sameet Chavan of Angel Broking who shared his readings and outlook on specific stocks and sector & Kalpesh Ashar of Full Circle Financial Planners & Advisors answered few personal finance queries.
According to Sameet Chavan of Angel Broking, one may remain invested in DCB Bank.
Ambareesh Baliga, Independent market expert recommends buying Coal India on dips closer to Rs 405-410.
Shubham Agarwal of Motilal Oswal Securities recommends buying DCB Bank for a target of Rs 165.
Dipan Mehta, Member at BSE & NSE is of the view that private sector banks are teh top picks and prefers avoiding PSU banks.
Sandeep Raina of Edelweiss RCM Research recommends holding DCB Bank and feels that the stock can be a multi-bagger.
Ambareesh Baliga, independent market expert is bullish on DCB Bank and feels that L&T Finance Holdings may test Rs 85-90 in next 6 months.
Gaurang Shah of Geojit BNP Paribas Financial Services advises selling Suzlon Energy and prefers Dish TV and DCB Bank.
MB Mahesh, analyst at Kotak Institutional Equities is overweight on State Bank of India and likes ICICI Bank, Axis Bank, Federal Bank and DCB Bank.
Kotak Institutional Equities is bullish on four private and one public bank post their fourth quarter numbers.
Ambareesh Baliga, market expert is of the view that one can look at HDFC Bank and DCB Bank.
Shubham Agarwal of Motilal Oswal Securities is of the view that ICICI Bank can move up to Rs 365.
Kunal Saraogi of Equityrush recommends buying DCB Bank and UPL.
Rahul Shah of Motilal Oswal Securities recommends buying DCB Bank and Tata Motors.
According to Shubham Agarwal, Head-Technical Research at Motilal Oswal Securities, DCB Bank may touch Rs 160.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that DCB Bank may test Rs 136-140.
Shahina Mukadam, Market Expert is of the view that one may remain invested in DCB Bank.
Ambareesh Baliga, Independent Market Expert is of the view that DCB Bank may hit Rs 148 in next 2-3 months.
Sudarshan Sukhani of s2analytics.com recommends buying DCB Bank.
Taher Badshah of Motilal Oswal AMC is of the view that one may prefer private sector banks.
Here are top 10 stocks to focus on April 15 - Glenmark Pharma, UPL, ACC, UltraTech Cement, Development Credit Bank, Ashoka Buildcon, Bajaj Auto, Mangalore Chemicals, Deepak Fertilisers and Zuari Agro.
Kunal Bothra of LKP Securities advises exiting South Indian Bank and recommends DCB Bank.
Kunal Bothra of LKP Securities is of the view that DCB Bank may touch Rs 110.
MB Mahesh – Banking Analyst - Kotak Institutional Equities is of the view that one may prefer ICICI Bank, Axis Bank, DCB Bank, Federal Bank and State Bank of India.
From the PSU banking space MB Mahesh, Kotak Institutional Equities is selective and prefers State Bank of India over most others even at current levels.