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
Aditya Agarwal of Way2wealth Securities is of the view that one may go long in IndusInd Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Bank of India and buy IndusInd Bank.
Gaurav Bissa of LKP Securities is of the view that one may sell Tech Mahindra with a target of Rs 491.
SP Tulsian of sptulsian.com is of the view that one may pick Kotak Mahindra Bank, Yes Bank and IndusInd Bank.
Rahul Mohindar of viratechindia.com feels that IndusInd Bank may touch Rs 970.
Pankaj Jain of SW Capital is of the view that one may sell Bank of India and prefer IndusInd Bank.
Rajat Bose of rajatkbose.com feels that Bank of Baroda may slip to Rs 152-155 and Axis Bank may test Rs 412.
Rahul Mohindar of viratechindia.com recommends buying IndusInd Bank and feels that SBI may test Rs 265.
Rajat Bose of rajatkbose.com recommends selling Axis Bank with a target of Rs 425.50.
The RBI had met up with bank bosses recently to take stock of the bad loan problem and outline steps that would help banks clean up their balance sheets by March 2017. Parveen Kumar Gupta, Managing Director, SBI, says the RBI so far has not given any specific directives on additional provisions
Prakash Gaba of prakashgaba.com is of the view that Asian Paints may test Rs 865 and Tata Steel may test Rs 252.
Pankaj Jain of SW Capital is of the view that one may sell IDFC on rallies.
Rahul Arora, CEO of Nirmal Bang Institutional Equities is of the veiw that IndusInd Bank, HDFC Bank and Federal Bank are the top bets and feels that SKS Mircofinance can give 40-50 percent returns with a view of one year.
Sameet Chavan, Technical Analyst at Angel Broking is of the view that one can buy IndusInd Bank on dips towards Rs 930-932.
Hemant Thukral of Aditya Birla Money is of the view that IndusInd Bank is a good pick with target Rs 953-960.
Sameet Chavan, Technical Analyst at Angel Broking is of the view that one may buy IndusInd Bank with a target of Rs 978.
Ashish Kyal of wavesstrategy.com advises buying Petronet LNG with a target of Rs 243.
Manas Jaiswal of manasjaiswal.com is of the view that one may buy Karnataka Bank, IndusInd Bank and Bata India.
VK Sharma of HDFC Securities recommends buying IndusInd Bank 800 Put and YES Bank 740 Put.
Manas Jaiswal of manasjaiswal.com advises buying Bank of India with a target of Rs 142.
Hemen Kapadia of KR Choksey Securities recommends buying Motherson Sumi Systems and IndusInd Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell JSW Steel and buy Coal India.
Hemant Thukral of Aditya Birla Money is of the view that Axis Bank may test Rs 530-535 while IndusInd Bank may hit Rs 975-980.
Rakesh Bansal of RK Global recommends exiting Tata Steel and likes IndusInd Bank.
Gautam Sinha Roy of Motilal Oswal Mutual Fund likes pharma and IT stocks.