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
Accoring to Sudarshan Sukhani of s2analytics.com, private sector banks may outperform.
Kunal Bothra of LKP Securities is of the view that one may look at Aurobindo Pharma, TCS, DCB Bank and Tata Consultancy Services.
According to Kunal Bothra of LKP Securities, one may hold Ballarpur Industries.
Sudarshan Sukhani of s2analytics.com recommends buying HCL Technologies, HDFC Bank and Jubilant Foodworks.
According to Manishi Raychaudhuri, Asia-Pacific Strategist at BNP Paribas, one may prefer private sector banking stocks.
Siddarth Bhamre of Angel Broking has a negative view on private sector banks.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer HDFC Bank and Dalmia Bharat.
Dipan Mehta, Member at BSE & NSE is of the view that focus still remains on the private sector banks and the private sector NBFCs and prefers SBI from the PSU banking space.
Sandip Sabharwal of asksandipsabharwal.com is of the view that ICICI Bank looks attractive and feels that HDFC Bank will outperform over the next one year.
Rahul Mohindar of viratechindia.com is of the view that one may keep HDFC Bank, Punjab National Bank and Bank of Baroda in the portfolio.
Yogesh Mehta of Motilal Oswal is of the view that one may buy Union Bank of India, HDFC Bank and Zee Entertainment Enterprises.
Sudip Bandopadhyay of Destimoney Securities is of the view that one may stay with pharma stocks and has a bullish stance on Sun Pharma.
Sudarshan Sukhani of s2analytics.com recommends buying Reliance Industries and HDFC Bank and advises selling Bharat Electronics Limited.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy LIC Housing Finance, NMDC and HDFC Bank.
Basant Maheshwari, Founder of The Equity Desk is of the view that one may look at HDFC Bank and Kotak Mahindra Bank.
Rahul Mohindar of viratechindia.com recommends buying Bank of Baroda and HDFC Bank.
According to R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher, HDFC Bank and Infosys are the top picks and likes State Bank of India, ICICI Bank, Larsen & Toubro, Maruti Suzuki India, Tata Motors, IndusInd Bank and Indian Oil Corporation.
Amit Gupta of ICICIdirect expects rally in HDFC Bank and feels that the stock may test Rs 1040.
Sudarshan Sukhani of s2analytics.com is of the view that one can add HDFC Bank, ICICI Bank, SBI and TCS in the portfolio.
Ambareesh Baliga, Independent Market Expert is of the view that one can buy HDFC Bank and Kotak Mahindra Bank.
Sahil Kapoor of Edelweiss Financial Services recommends buying HDFC Bank for a target of Rs 1050-1060 and IndusInd Bank for a target of Rs 930-940.
Sudarshan Sukhani of s2analytics.com is of the view that one can prefer HDFC Bank from the private banking space.
Rajesh Kothari - Managing Director at AlfAccurate Advisors recommends adding quality private sector banks and non-banking financial companies like HDFC to the portfolio.
Mehraboon Irani of Nirmal Bang Securities is of the view that one can buy HDFC Bank, HDFC and Kotak Mahindra Bank.
According to R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher, HDFC Bank, ICICI Bank, IndusInd Bank and State Bank of India are the top picks.