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
Rajat Bose of rajatkbose.com is of the view that one can buy Indian Bank, Aban Offshore and Balrampur Chini.
Rajat Bose of rajatkbose.com feels that Indian Bank may test Rs 220.
Mitesh Thacker of miteshthacker.com recommends buying Fortis Healthcare, MRF and Indian Bank and advises selling M&M Financial Services and Dabur India.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 explains why is upbeat on UP sugar stocks, especially the ones with good inventories like Dalmia Bharat, Balrampur Chini, Dwarikesh etc.
Prakash Gaba of prakashgaba.com is of the view that one may stay invested Indian Bank.
Mitesh Thacker of miteshthacker.com recommends buying Indian Bank and IDFC and sell GAIL India.
Rajat Bose of rajatkbose.com is of the view that one can sell Indian Bank and Dena Bank and buy Persistent Systems.
Prakash Gaba of prakashgaba.com is of the view that short term trader may exit Indian Bank.
Rajat Bose of rajatkbose.com is of the view that Punjab National Bank is the best bet while he feels that State Bank of India may test Rs 227 and Indian Bank may hit Rs 147.
Jay Thakkar of Sharekhan is of the view that one may buy Corporation Bank with a target of Rs 37.15.
Vishal Malkan of malkansview.com advises buying Pidilite Industries with a target of Rs 630.
Rahul Mohindar of viratechindia.com prefers midcap banks.
Pritesh Mehta of IIFL is of the view that Indian Bank may touch Rs 125 in the short term.
Kunal Bothra of LKP suggest buying Indian Bank and Jubilant Life Science.
Kunal Bothra of LKP advises buying Castrol India for a target price of Rs 326 and Apollo Tyres for a target price of Rs 106.
Rahul Mohindar of viratechindia.com recommends to buy Larsen and Toubro and sell Tata Power.
SP Tulsian of sptulsian.com feels that SBI, Allahabad Bank, Punjab National Bank, Yes Bank and UCO Bank may rise 5-10% on the back of policy changes for booking the mark-to-market losses.
It was a volatile day on the Dalal Street as the markets turned around in late trade. Indices closed flat after a weak start. The Nifty closed just shy of 5,900 and the Sensex ended at 19,468.
Buy Indian Bank at current level with a target of about Rs 225 in the next 12 months, says PN Vijay, Portfolio Manager.
Manoj Murlidharan Vayalar, Associate Vice President-Derivatives, IIFL is of the view that one can short Hindalco, Indian Bank.
Sell Indian Bank and Educomp Solution, says Sudarshan Sukhani of s2analytics.com.
SP Tulsian, sptulsian.com is neutral on Indian Bank and Vijaya Bank.
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Buy Indian Bank, says Sudarshan Sukhani of s2analytics.com.