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
One can enter Dena Bank with price target of Rs 100 in next six months, says SP Tulsian of sptulsian.com.
 
                                                                                            SP Tulsian is bullish on Dena Bank and Vakrangee Softwares and expects these two stocks to yield multi-fold returns going ahead.
 
                                                                                            According to Sudarshan Sukhani of s2analytics.com, one should avoid Dena Bank. Even if one wants to buy the stock, then ICICI Bank and SBI would be the preference, he says.
 
                                                                                            Saurabh Mittal of Swadeshi Capital recommends selling Aurobindo Pharma with target of Rs 173 and buy Glenmark Pharma with a target of Rs 575.
 
                                                                                            SP Tulsian of sptulsian.com is bullish on AstraZeneca Pharma and HDIL, while he is bearish Union Bank of India and Dena Bank.
 
                                                                                            SP Tulsian of sptulsian.com advised buying HDIL with a target price of Rs 50 and selling Dena Bank with a target price of Rs 84.
 
                                                                                            SP Tulsian of sptulsian.com suggests going short on Dena Bank at current level. He feels that the stock can correct to a level of Rs 84 in the near term.
 
                                                                                            Nooresh Merani of AMSEC Research has recommended buy rating on Dena Bank, Jain Irrigation Systems, Bata India and MT Educare.
 
                                                                                            SP Tulsian of sptulsian.com advised buying AstraZeneca Pharma with a target price of Rs 860 while Nooresh Merani of AMSEC Research recommended buying Dena Bank with a target price of Rs 92.
 
                                                                                            Nooresh Merani of AMSEC Research advocates buying Dena Bank, Allahabad Bank, Jain Irrigation and Gujarat State Fertilizers & Chemicals.
 
                                                                                            Saurabh Mittal of Swadeshi Capital advised buying YES Bank with a target price of Rs 515. Meanwhile, Nooresh Merani of AMSEC Research advised buying Dena Bank with a target price of Rs 92.
 
                                                                                            Expressing his bearish views Pankaj Jain of Sunteck Wealthmax recommends to sell Dena Bank, Andhra Bank, Unitech Limited, India Cement.
 
                                                                                            Lancelot D Cunha of ITI Wealth Management advised buying Jet Airways with a target price of Rs 604 and selling LIC Housing Finance with a target price of Rs 257.
 
                                                                                            Sudarshan Sukhani of s2analytics.com is negative on Bank Nifty. Therefore, he feels most banks should be selling opportunities. According to him, Dena Bank is a short sell idea.
 
                                                                                            Manas Jaiswal of manasjaiswal.com has recommended a buy rating on Adani Power and Dena Bank.
 
                                                                                            Hemant Thukral, Aditya Birla Money expects Dena Bank in the immediate short-term to retest Rs 101-102.
 
                                                                                            SP Tulsian of sptulsian.com is of the view that one can go long in Dena Bank with a target of Rs 97 and buy Sun Pharma Advanced Research with a target of Rs 169.
 
                                                                                            Rakesh Gandhi of FRR Shares is bullish on Ranbaxy Laboratories and recommended to buy around Rs 450 with a stop loss of Rs 430 and short-term target of Rs 470.
 
                                                                                            One can short Dena Bank, says Sudarshan Sukhani of s2analytics.com.
 
                                                                                            Portfolio manager PN Vijay is disappointed by the way PSU banks reported earnings, after Punjab National Bank (PNB)‘s fourth quarter performance raised hopes of asset quality revival.
 
                                                                                            SP Tulsian of sptulsian.com has recommended buy rating on Zee News, La Opala RG, DB Realty. However, he remained bearish on Dena Bank.
 
                                                                                            Shahina Mukadam, Varun Capital is bulllish on Titan Industries, Rolta India, SpiceJet and has recommended buy rating on the stock. However, she remains bearish on Dena Bank.
 
                                                                                            Shardul Kulkarni of Angel Broking recommends to buy Tech Mahindra and Apollo Tyres. One can buy Tech Mahindra above the levels of Rs 995, place a stop loss at Rs 970 and trade bullish for a target of Rs 1050 over the next six-eight trading sessions.
 
                                                                                            SP Tulsian of sptulsian.com recommends to buy Zee News, La Opala RG, DB Realty and advices to sell Dena Bank.
 
                                                                                            In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal of Swadeshi Credits shares his trading strategies for the day.