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
CA Rudramurthy BV of Vachana Investments advises buying State Bank of India with a target of Rs 234.
Kunal Bothra of LKP Securities is of the view that DCB Bank may head towards Rs 138-140 in the next couple of weeks.
Shahina Mukadam, Market Expert is of the view that one may prefer State Bank of India and DCB Bank.
Shubham Agarwal of Motilal Oswal Securities recommends buying DCB Bank with a target of Rs 162.
According to Dharmesh Kant of India Nivesh Securities, one may buy Gateway Distriparks with a target of Rs 390.
Shubham Agarwal of Motilal Oswal Securities is of the view that DCB Bank can retest Rs 150.
Dharmesh Kant of India Nivesh Securities advises buying Motherson Sumi with a target of Rs 369.
Kunal Saraogi of Equityrush advises selling Tata Power with a target of Rs 64.
Dipan Mehta - member at BSE & NSE maintains overweight position on pharma as well as private sector banks.
Manas Jaiswal of manasjaiswal.com is of the view that one may buy NCC with a target of Rs 94.
Devang Mehta of Anand Rathi Financial Services is of the view that one can prefer Can Fin Homes and LIC Housing Finance.
Dipan Mehta, member at BSE & NSE is of the view that one can focus on private sector banks.
Prakash Diwan, Altamount Capital Management likes Lakshmi Vilas Bank and recommends buying DCB Bank.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer DCB Bank.
CK Narayan of Growth Avenues recommends remaining firmly invested in DCB Bank with a long term view.
Devang Mehta of Anand Rathi Financial Services has a bullish stance on DCB Bank.
Anand Tandon, Market Expert is of the view that one can look at South Indian Bank, DCB Bank and Federal Bank.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Axis Bank, ICICI Bank and YES Bank.
Rahul Mohindar of viratechindia.com likes DCB Bank and feels that Axis Bank and Kotak Mahindra Bank can outperform.
Nooresh Merani of Analyse India is of the view that one may prefer Bank of Baroda and State Bank of India in the PSU segment and Axis Bank and DCB Bank from the private banking space.
Shahina Mukadam, independent market expert recommends buying Future Retail with a target of Rs 112 and Rallis India with a target of Rs 265.
Rakesh Bansal of RK Global recommends buying Adani Ports with a target of Rs 338 and Dish TV with a target of Rs 114.
Sharmila Joshi of sharmilajoshi.com is of the view that DCB bank may test Rs 170.
According to Rakesh Bansal of RK Global, one can buy Adani Ports and Special Economic Zone with a target of Rs 338 and DCB Bank with a target of Rs 137.
One may buy KEC International, Century Textiles and EID Parry, says Shahina Mukadam, Market Expert.