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 suggests selling Max Financial Services and Oriental Bank of Commerce and suggests buying Arvind.
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market, and specific stocks and sectors.
Titan, Yes Bank, and Idea Cellular, among others, are on the radar of analysts on Monday.
Ashwani Gujral of ashwanigujral.com is of the view that one can short YES Bank while he feels that Bank Nifty can fall 500-600 points.
Ashish Kyal of Waves Strategy Advisors advises selling Divis Laboratories Future with a target of Rs 610.
Prakash Diwan of Altamount Capital Management is of the view that one can pick Indian Overseas Bank, Oriental Bank of Commerce and Andhra Bank.
Ashwani Gujral of ashwanigujral.com recommends buying MothersonSumi Systems, Anant Raj and Oriental Bank of Commerce.
Rajat Bose of rajatkbose.com is of the view that Indian Overseas Bank may test Rs 32.70 while Union Bank may hit Rs 195.
Sudarshan Sukhani of s2analytics.com recommends buying Larsen & Toubro, HDFC and Oriental Bank of Commerce.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Infra, OBC and Reliance Capital.
Ashwani Gujral of ashwanigujral.com recommends buying DCB Bank, JSW Steel and Oriental Bank of Commerce.
Hindustan Petroleum Corporation, Engineers India, Oriental Bank of Commerce are on its radar.
Price to book value measure is used for those companies whose present value of the assets cannot be truly reflected in the book value. For banks’ valuation, P/BV is most suited given its borrowing business model and narrow RoE structure.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Oriental Bank of Commerce , Capital First and HDFC Bank.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Andhra Bank, GAIL India and Shoppers Stop while sell Ambuja Cements and Tata Communications.
Sandeep Wagle of powermywealth.com suggests buying Mahindra & Mahindra Financial Services, Oriental Bank of Commerce and CG Power and Industrial Solutions.
Vijay Chopra of enochventures.com is of the view that one may prefer Sintex Industries, LIC Housing and Oriental Bank of Commerce.
Rishi Kohli, MD & CEO at ProAlpha Systematic Capital suggests buying Infosys with target of Rs 1089, Power Finance Corporation with target of Rs 151 and Oriental Bank of Commerce with target of Rs 180.
Jay Thakkar of Anand Rathi is of the view that one may buy Bharti Infratel with a target of Rs 323.
Sandeep Wagle of powermywealth.com recommends buying Kaveri Seed Company, Oriental Bank of Commerce and PC Jeweller.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GATI and Oriental Bank of Commerce and sell Infosys.
Sameet Chavan of Angel Broking is of the view that one may buy Wockhardt with a target of Rs 808.