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
Shahina Mukadam of Varun Capital recommends buying Karnataka Bank, Development Credit Bank (DCB), Titan Industries and sell Petronet LNG.
Rajesh Agarwal of Eastern Financiers advised buying Mahindra Ugine for a target price of Rs 93 and IVRCL for a price target of Rs 17.50.
Nooresh Mirani, AVP Technical of AMSEC Research recommends buying United Phosphorous, Karnataka Bank, Sintex Industries and Rallis India.
Rajesh Agarwal of Eastern Financiers recommended to buy Mahindra Ugine for a target price of Rs 77 and buy Polaris for a target price of Rs 127.
Nooresh Merani, AVP Technical at AMSEC Research is bullish on Yes Bank, Power Finance Corporation, United Phosphorous and Karnataka Bank.
Shahina Mukadam of Varun Capital recommends buying Puravankara Projects, KPIT Cummins, Karnataka Bank and suggests selling Idea Cellular.
Rajesh Agarwal of Eastern Financiers advised buying Mahindra Group's Mahindra Ugine with a stoploss at Rs 62 and for a target price of Rs 69.
Pankaj Jain of Sunteck Wealthmax holds a negative view on JSW Energy, PTC Limited, Karnataka Bank and IVRCL. He advises going short on these stocks.
SP Tulsian of sptulsian.com advised buying Adani Power with a target price of Rs 55 and Mahindra Satyam with a target price of Rs 116.
Sharmila Joshi of Peerless Securities is bullish on Karnataka Bank, Aditya Birla Nuvo, Polaris Financial Technology and Ipca Laboratories.
Sharmila Joshi of Peerless Securities advised buying Karnataka Bank with a target price of Rs 151 and keep a stoploss at Rs 145.
SP Tulsian of sptulsian.com feels that Karnataka Bank is a good short-term buy and can test Rs 149-152 in next 10-14 days.
SP Tulsian of sptulsian.com is of the view that Karnataka Bank can go upto Rs 166 in next 3-4 days.
SP Tulsian, sptulsian.com is betting on South Indian Bank and Alstom India. He feels both these have potential to fetch high returns. In case of South Indian Bank Tulsian believes the stock has bottomed out and can expect a price of Rs 32 in six months.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Rajeev Agarwal of www.dynamixresearch.in and Arunesh Madan of Augment Investment, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Hemant Thukral, National Head of Derivative Desk at Aditya Birla Money feels Karnataka Bank may revisit the resistance zone of Rs 164-165 in immediate short-term. He advised keeping a stoploss at Rs 141 for this trade.
Jitendra Panda of Capital First Securities is of the view that Financial Technologies can move up to Rs 840 levels and Karnataka Bank can touch Rs 158.
On CNBC-TV18's show Super Six, market gurus Rajesh Jain, Religare Securities, Vikrant Jadeja, vibranttrades.com and Vishal Malkan, malkansview.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
In CNBC-TV18's popular show Bull's Eye, Parag Doctor, Keynote Capital 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.
In CNBC-TV18's popular show Bull's Eye, Lancelot D Cunha, ITI Wealth Management shares trading strategy of the day.
Buy Karnataka Bank on decline. One can expect a target price of Rs 170 in the stock over the next six-eight weeks, says Shardul Kulkarni of Angel Broking.
In CNBC-TV18's popular show Bull's Eye, Lancelot D Cunha, ITI Wealth Management shares trading strategy of the day.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian of sptulsian.com shares trading strategy of the day.
Karnataka Bank may test Rs 147-150, says Hemant Thukral, Aditya Birla Money.