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
Ashwani Gujral of ashwanigujral.com is of the view that YES Bank may test Rs 1650 while one can look at City Union Bank, DCB Bank and Karnataka Bank.
Ruchit Jain of Angel Broking advises buying Arvind with a target of Rs 417.
Ashwani Gujral of ashwanigujral.com suggests buying Karnataka Bank, DCB Bank and Jubilant Life Sciences.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Karnataka Bank close to Rs 133 while one can short SRF below Rs 1550.
Ashwani Gujral of ashwanigujral.com is of the view that Arvind may dash towards Rs 420-425.
Amit Gupta of ICICIdirect recommends buying Apollo Tyres, Siemens and Federal Bank.
Once the Goods & Services Tax (GST) is implemented, there will be some hiccups in first three months. But it will be positive for many sectors like tile and leather products, said SP Tulsian of sptulsian.com.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma Advanced Research Company, Manpasand Beverage and Indraprastha Gas.
Mitessh Thakkar of miteshthacker.com suggests selling Page Industries, Tata Motors DVR and Indian Oil Corporation and advises buying Adani Power.
Mitessh Thakkar of miteshthacker.com suggests buying Karnataka Bank and Allahabad Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Apollo Tyres, Karnataka Bank and HPCL.
Rajat Bose of rajatkbose.com is of the view that one can buy Karnataka Bank and sell Indian Oil Corporation.
Krish Subramanyam, Co-Head Equity Advisory at Altamount Capital recommends buying Karnataka Bank and Power Finance Corporation March futures.
Hemant Thukral of Aditya Birla Money is of the view that Karnataka Bank may test Rs 135 and Apollo Hospitals can hit Rs 1375.
According to Ashwani Gujral of ashwanigujral.com, Jet Airways may hit Rs 480-500 while Karnataka Bank may test Rs 150.
According to Sandeep Wagle, Founder & CEO of powermywealth.com, one can buy Coal India and Karnataka Bank.
Sandeep Wagle of powermywealth.com recommends buying Reliance Industries and Karnataka Bank and advises selling Larsen & Toubro.
Mitessh Thakkar of miteshthacker.com recommends buying HCL Technologies and Karnataka Bank while he feels that above Rs 1020, Infosys may head to Rs 1080.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
After the public sector banks, private banks could also see some consolidation, believes SP Tulsian of sptulsian.com.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel and Jet Airways.
According to Ashwani Gujral of ashwanigujral.com, one can buy Adani Enterprises, NMDC and Karnataka Bank.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer ICICI Bank.
According to Prakash Gaba of prakashgaba.com, stay invested in Karnataka Bank.
In an interview with CNBC-TV18, analyst SP Tulsian talked about his views on the market and various stocks and sectors.