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
Watch the interview of Daljeet Singh Kohli of India Nivesh Securites with Reema Tendulkar & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Prakash Gaba of prakashgaba.com is of the view that one may buy Karur Vysya Bank.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Karur Vysya Bank.
Watch the interview of Prakash Gaba of prakashgaba.com and Shahina Mukadam, Independent Market Expert with Surabhi Upadhyay & Ekta Batra on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
According to Daljeet Singh Kohli of India Nivesh Securites, City Union Bank may hit Rs 105.
Jai Bala of Cashthechaos.com is of the view that Karur Vysya Bank is the top pick from the banking space.
Jai Bala of 1857 Advisors is of the view that one may prefer Karur Vysya Bank and IndusInd Bank.
According to Ashu Madan of Religare Securities, one may remain invested in Karur Vysya Bank.
Vishal Malkan of malkansview.com is of the view that one may hold Karur Vysya Bank as it may test Rs 550-600.
Jai Bala of 1857 Advisors is of the view that one may look at Karur Vysya Bank.
Jay Thakkar of ShareKhan suggests buying UPL with a target of Rs 575.
Kunal Saraogi of Equityrush recommends looking at Karur Vysya Bank and YES Bank.
Pritesh Mehta of IIFL recommends buying Tata Motors and Karur Vysya Bank.
Devang Mehta of AnandRathi prefers Federal Bank, City Union Bank and Karur Vysya Bank.
According to Kunal Saraogi, CEO of Equityrush, one should avoid PSU banking stocks.
Kunal Saraogi of Equityrush advises buying Voltas with a target of Rs 252 and Hindustan Petroleum Corporation with a target price of Rs 470.
Shahina Mukadam, Varun Capital advises going short on IDBI Bank for a target price of Rs 73 and Power Finance Corporation for a target price of Rs 245.
Devang Mehta of Anand Rathi Financial Services is of the view that Karur Vysya Bank may touch Rs 540.
According to Vivek Gujrati of Anand Rathi Financial Services, Karur Vysya Bank may test Rs 540.
Manav Chopra of Nirmal Bang recommends buying Indiabulls Securities with a target of Rs 16 and Idea Cellular with a target of Rs 195.
Vishal Malkan of malkansview.com advises selling Rural Electrification Corporation October future with a target price of Rs 184 and Indiabulls Real Estate October future with a target price of Rs 60.
According to Aashish Tater of FortuneWizard.com, one can prefer Karur Vysya Bank over UCO Bank.
Brokerage firms recommend buying Lupin, Karur Vysya Bank, and Petronet LNG. They suggest selling Bata.
On Karur Vysya, Tater sees a 25-30 percent return for this fiscal while pegging a target of Rs 630. Additionally, Tater sees a similar 25-30 percent return for SBBJ from a one year perspective.
Sahil Kapoor of Edelweiss RCM Research is of the view that Karur Vysya Bank looks very good, the stock can go up to Rs 500.