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
Mitessh Thakkar of miteshthacker.com is of the view that one can sell RBL Bank and The Ramco Cement and buy JSW Steel, Jindal Steel Power and Shipping Corporation of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Just Dial, NMDC and Wockhardt and can buy Aditya Birla Nuvo and HDFC.
Ashwani Gujral of ashwanigujral.com advises buying Dewan Housing Finance and Karnataka Bank.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying Karnataka Bank 180 Call, M&M 1440 Call and TVS Motor Company 540 Call while he likes DCB Bank.
Ashu Madan of Religare Securities has a positive view on Karnataka Bank but suggests avoiding Steel Authority of India.
Ashwani Gujral of ashwanigujral.com suggests buying RBL Bank, Karnataka Bank and DCB Bank.
Sandeep Wagle of powermywealth.com is of the view that one can buy Karnataka Bank and sell Vedanta.
In an interview to CNBC-TV18, Aalok Shah, Analyst-Banking & Financial Services at Centrum Broking shared his readings and outlook on the banking space.
Ashwani Gujral of ashwanigujral.com recommends buying South Indian Bank, Indiabulls Real Estate, LIC Housing Finance, Karnataka Bank and United Spirits.
Nifty has support at 9550 and resistance at 9634-9660 while Bank Nifty has support at 23250 and resistance at 23600, says Prakash Gaba of prakashgaba.com.
Prakash Gaba of prakashgaba.com is of the view that Indiabulls Housing Finance may test Rs 1115 and Karnataka Bank may hit Rs 170.
Vishvesh Chauhan of Monarch Networth Capital advises buying NCC with a target of Rs 107.
Ashwani Gujral of ashwanigujral.com recommends buying Canara Bank, Karnataka Bank and KEC International.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sintex Industries and Karnataka Bank and sell Tata Communications.
Mitessh Thakkar of miteshthacker.com recommends buying Karnataka Bank and PTC India.
According to Ashwani Gujral of ashwanigujral.com, one can keep holding Maruti Suzuki as the stock may head to Rs 7500 while he prefers Union Bank of India and Bank of India.
Hemant Thukral of Aditya Birla Money suggests buying Karnataka Bank and Motherson Sumi Systems.
Ashwani Gujral of ashwanigujral.com feels that Karnataka Bank may test Rs 190.
Ashwani Gujral of ashwanigujral.com recommends buying Karnataka Bank, Bank of Baroda and State Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can go short in Power Finance Corporation, Rural Electrification Corporation and Karnataka Bank.
Ashwani Gujral of ashwanigujral.com recommends buying DCB Bank, Indraprastha Gas and Karnataka Bank.
Krish Subramamnyam of Altamount Capital is of the view that one can buy Adani Ports 340 Call and sell 360 Call.
Mitessh Thakkar of miteshthacker.com suggests buying Karnataka Bank, Maruti Suzuki and Ashoka Buildcon while advises selling Infosys and Hero MotoCorp.
Mitessh Thakkar of miteshthacker.com recommends buying Exide Industries and feels that above Rs 143, Karnataka Bank may hit Rs 150.