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
The reaction to the US-China trade war on equity markets was nothing short of a bloodbath. Asian markets plunged while back home Sensex and Nifty recorded a cut of over 1 percent. The rout witnessed by the Indian market on Friday has eroded Rs 1.57 crore of investor wealth.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy UCO bank and Dena Bank and can sell DLF.
Vishal Malkan of malkansview.com recommends buying Zuari Agro Chemicals with a target of Rs 425 and Deepak Fertilisers with a target of Rs 330.
Mitessh Thakkar of mitesshthakkar.com feels that Dena Bank may test Rs 42-43.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian spoke about his readings and outlook on the fundamentals of the market and specific stocks.
Rajat Bose of rajatbose.com is of the view that one may sell Dena Bank.
Sharmila Joshi of sharmilajoshi.com advises exiting Dena Bank.
In an interview to CNBC-TV18 SP Tulsian, sptulsian.com spoke on stocks like Triveni Engineering, SBI, Bosch, Hindustan Zinc etc.
Rajat Bose of rajatkbose.com is of the view that one can sell Indian Bank and Dena Bank and buy Persistent Systems.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy eClerx Services and HPCL and sell Dena Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Carborundum Universal, Dena Bank and SREI Infrastructure.
Ashwani Gujral of ashwanigujral.com recommends buying Dena Bank, SREI Infra, Kesoram Industries, Biocon and Sun Pharma Advanced Research Company.
SP Tulsian of sptulsian.com recommends booking profits in Dena Bank and Central Bank of India.
Simi Bhaumik of simibhaumik.com recommends exiting Dena Bank and expects rally in HCL Infosystems towards Rs 75-80.
Sameet Chavan of Angel Broking recommends switching on to good names like State Bank of India and Bank of Baroda from Dena Bank.
Pashupati Advani of Global Foray is of the view that it is time to have a re-look at the midcap banks.
Sudarshan Sukhani of s2analytics.com recommends shorting Oriental Bank of Commerce, Punjab National Bank (PNB), Dena Bank, Andhra Bank and UCO Bank at the current level.
Sudarshan Sukhani of s2analytics.com is of the view that one may short PNB, Andhra Bank and Dena Bank and feels that one may avoid Canara Bank, Bank of Baroda and State Bank of India.
Prakash Diwan of Altamount Capital Management is of the view that one may look at HDIL and DLF.
Sudarshan Sukhani of s2analytics.com recommends selling Dena Bank.
Phani Sekhar, Fund Manager-PMS at Angel Broking is of the view that one can hold Dena Bank and Fortis Healthcare.
Sudarshan Sukhani of s2analytics.com recommends buying Vijaya Bank and Dena Bank.
Sudarshan Sukhani of s2analytics.com recommends holding Dena Bank.
Akshata Deshmukh, Chief Strategist-Trading at Networth Stock Broking feels that Dena Bank may move to Rs 78-80.