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
Sudarshan Sukhani of s2analytics.com recommends selling Indraprastha Gas, Oriental Bank of Commerce and Titan Company.
Sudarshan Sukhani of s2analytics.com is of the view that one may short PNB, Andhra Bank and Dena Bank and feels that one may avoid Canara Bank, Bank of Baroda and State Bank of India.
VK Sharma of HDFC Securities recommends buying Oriental Bank of Commerce 230 Put.
Prakash Diwan of Altamount Capital Management is of the view that one may look at HDIL and DLF.
Aashish Tater of Fortunewizard.com recommends selling Exide Industries and OBC.
Amit Gupta of ICICI Direct advises buying Oriental Bank of Commerce on declines.
CK Narayan of Growth Avenues prefers State Bank of India, Oriental Bank of Commerce and Canara Bank.
Manoj Murlidharan of Religare Securities is of the view that one can go long in Oriental Bank of Commerce and Kotak Mahindra Bank.
Kunal Saraogi of Equityrush recommends going long in Oriental Bank of Commerce with a target of Rs 328.
Kunal Saraogi of Equityrush is of the view that one can buy Oriental Bank of Commerce for a target price of Rs 312 and Shriram Transport Finance Corporation for a target price of Rs 1105.
Sudarshan Sukhani of s2analytics.com recommends buying Oriental Bank of Commerce.
Kunal Saraogi of Equityrush recommends buying LIC Housing Finance for a target price of Rs 430 and Oriental Bank of Commerce for a target price of Rs 312.
Gaurav Ratnaparkhi of Sharekhan advises buying Oriental Bank of Commerce with a target of Rs 330 and LIC Housing Finance with a target of Rs 442.
Shahina Mukadam, Varun Capital advises buying DCB Bank for a target price of Rs 105 and Escorts for a target price of Rs 160.
Kunal Bothra of LKP Securities advises buying Bharat Forge with a target of Rs 940-950 and SKS Microfinance with a target of Rs 375.
Vishal B Malkan of malkansview.com recommends buying Ranbaxy Laboratories for a target price of Rs 735 and Oriental Bank of Commerce for a target price of Rs 310.
Manav Chopra, Nirmal Bang advises buying Bharat Forge for a target price of Rs 870 and Adani Power for a target price of Rs 54.
Gaurav Ratnaparkhi of Sharekhan recommends buying Lupin with a target of Rs 1,442 and advises selling India Cements with a target of Rs 104.50.
According to Pritesh Mehta, Senior Technical Analyst at IIFL, one may buy Oriental Bank of Commerce and Power Finance Corporation.
Manas Jaiswal of manasjaiswal.com recommends going long in Oriental Bank of Commerce with a target of Rs 280.
Sudarshan Sukhani of s2analytics.com recommends buying Power Finance Corporation, Lupin and Oriental Bank of Commerce.
Akshata Deshmukh, Networth Stock Broking advises buying Strides Acrolab for a target price of Rs 790 and Mindtree for a target price of Rs 1,088.
According to Manoj Murlidharan of Religare Securities, one can buy Oriental Bank of Commerce with a target of Rs 244 and YES Bank with a target of Rs 585.
Meghana V Malkan of malkansview.com is of the view that one can buy Exide Industries with a target of Rs 190 and Oriental Bank of Commerce with a target of Rs 305.
Parag Thakkar of HDFC Securities prefers State Bank of India, Bank of Baroda and Punjab National Bank from largecap PSU banks.