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
Ambareesh Baliga of Edelweiss Financial Services is of the view that Development Credit Bank may test Rs 65-68.
Ambareesh Baliga of Edelweiss Financial Services is of the view that Development Credit Bank may move up to Rs 64-65.
Ambareesh Baliga, Managing Partner-Global Wealth Management at Edelweiss Financial Services prefers ILandFS Transportation Networks, Crompton Greaves and Voltas.
Sharmila Joshi of Peerless Securities recommends buying Amara Raja Batteries with a target of Rs 334 and LIC Housing Finance with a target of Rs 212.
Dharmesh Kant of India Nivesh Securities advises buying Bank of India for a target price of Rs 230 and Aurobindo Pharma for a target price of Rs 320.
Ambareesh Baliga of Edelweiss Financial Services recommends buying Development Credit Bank as the stock may test Rs 64-65.
Ambareesh Baliga of Edelweiss Financial Services is of the view that one may prefer HDFC Bank and Axis Bank at these levels.
Ambareesh Baliga of Edelweiss Securities recommends buying Axis Bank, ICICI Bank and HDFC Bank within the largecap private sector banks.
Ambareesh Baliga, Managing Partner of Edelweiss Securities is of the view that Development Credit Bank may touch Rs 64.
Dipan Mehta, member of BSE & NSE is of the view that one may pick Development Credit Bank (DCB).
Ambareesh Baliga of Edelweiss Financial Services is of the view that Development Credit Bank (DCB) may touch Rs 64 in the next 6-8 months.
According to Sudarshan Sukhani of s2analytics.com, one may buy Development Credit Bank (DCB) on dips.
Vishal Malkan of malkansview.com advised buying Opto Circuits for a target price of Rs 27.50 and Titan Industries for a target price of Rs 240.
Sudarshan Sukhani of s2analytics.com recommends buying HDFC Bank as the stock has the most attractive chart patterns.
Sudarshan Sukhani of s2analytics.com is of the view that one can go long on HDFC Bank and Development Credit Bank (DCB).
Sudarshan Sukhani of s2analytics.com says buy HDFC Bank, UCO Bank and Development Credit Bank.
One may switch to Development Credit Bank as its valuation looks pretty lucrative compared to South Indian Bank, says Aashish Tater, Head of Research of Fortunewizard.com.
Pankaj Jain of Sunteck Wealthmax recommends to go long on Religare Enterprises, DCB Bank and Reliance Capital.
SP Tulsian of sptulsian.com advises to buy Mangalore Chemicals with a target price of Rs 48.50 and Marico with a target price of Rs 215.
One can buy Development Credit Bank on dip, feels Sudarshan Sukhani of s2analytics.com.
One may want to buy Development Credit Bank as it has a better chart than most of the other banks.
Shahina Mukadam of Varun Capital recommends buying Karnataka Bank, Development Credit Bank (DCB), Titan Industries and sell Petronet LNG.
Rajesh Agarwal of Eastern Financiers advised buying Mahindra Ugine for a target price of Rs 93 and IVRCL for a price target of Rs 17.50.
One can buy Future Retails with a target of Rs 145, says SP Tulsian of sptulsian.com.
According to Sudarshan Sukhani of s2analytics.com, if DCB crosses Rs 49.50 level then it is suggesting a lot of big up moves towards Rs 60.