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
Gaurav Ratnaparkhi of Sharekhan advises buying Oriental Bank of Commerce with a target of Rs 330 and LIC Housing Finance with a target of Rs 442.
Here are top 10 stocks to keep an eye on November 13 - DLF, TVS Motor, Tata Steel, JP Associates, J&K Bank, Eicher Motors, BPCL, BGR Energy, NALCO and Marico Kaya.
Kunal Saraogi, CEO at Equityrush advises exiting Jammu & Kashmir Bank.
Rakesh Gandhi, independent technical analyst recommends buying Thermax with a target of Rs 789 and Jammu and Kashmir Bank with a target of Rs 1595.
Pankaj Jain of Sunteck Wealthmax advises buying M&M Financial Services for a target price of Rs 293 and IRB Infrastructure for a target price of Rs 112.
IT giant Infosys will kick start the third quarter earnings season this week. According to Shah, key factors to keep an eye on would be the impact of slew of top management exits on the company‘s revenue growth and its ability to bring it back to industry standards. However, he prefers TCS over Infosys.
Kunj Bansal, ED & CIO of Centrum Wealth Management is of the view that one may prefer Jammu and Kashmir Bank.
According to Bhavin Shah, CEO of Equirus Securities, Jammu and Kashmir Bank may test Rs 1700.
Sudarshan Sukhani of s2analytics.com feels that Jammu and Kashmir Bank (J&K) may go higher. "One should avoid YES Bank," he adds.
Edelweiss Financial Services‘ Ambareesh Baliga feels Jammu and Kashmir Bank is a great buy. He expects the stock to go upto Rs 1,738.
Sudarshan Sukhani of s2analytics.com said one should exit Jammu and Kashmir Bank. However, ICICI Bank is a better opportunity.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Peerless Securities 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.
Federal Bank and JK Bank are looking good, says Ajay Bodke, Prabhudas Lilladher.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Vikrant Jadeja of Vibrant Trades and Rajeev Agarwal of www.dynamixresearch.in, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Ajay Bodke of Prabhudas Lilladher Private Limited is upbeat on Shree Cements, Jammu and Kashmir Bank, Bharat Electronics.
Moneycontrol.com got Pankaj Pandey, Head Research at ICICIdirect.com to answer the stock queries readers sent us on our Facebook page as part of our KYI (Know Your Investment) initiative.
Ajay Bodke of Prabhudas Lilladher says on ground implementation of reforms and the pace and extent of rate cuts, which the RBI could unveil post January, are the key events to watch, in addition to the contingence of the risk-on trade.
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.
SP Tulsian of sptulsian.com, says that maybe on a sequential basis, the PAT or margin is likely to fall for Crompton Greaves.
Regan F Homavazir continues to remain bullish on HDFC Bank because the longer term picture is extremely positive. He also likes J&K Bank.
Amit Harchekar of IIFL is of the view that, one can book profits in Jammu and Kashmir Bank (J&K Bank) on 1 -2% rally.
Jammu and Kashmir Bank has target of Rs 1050, says PN Vijay, Portfolio Manager.
Jammu and Kashmir Bank has target of Rs 855, says Shrikant Chauhan, Kotak Securities.