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
In an interview to CNBC-TV18, Ravikant Bhat, Research Analyst at IDBI Capital shared his readings and outlook on Punjab National Bank's Q4 numbers. He also expressed his views on State Bank of India's Q4 numbers will be released on Friday.
Punjab National Bank, Shree Cement and Tata Steel are on the radar of analysts on Wednesday.
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.
Sudip Bandopadhyay, Market Expert is of the view that State Bank of India is a buy at current level.
Sharmila Joshi of sharmilajoshi.com is of the view that one may stay invested in Punjab National Bank.
Rajat Bose of rajatkbose.com is of the view that one may hold Punjab National Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Punjab National Bank, Ceat and Engineers India.
Rajat Bose of rajatkbose.com is of the view that Punjab National Bank may test Rs 174 while Ceat may hit Rs 1705.
Ashwani Gujral of ashwanigujral.com recommends buying Canara Bank, Punjab National Bank and Bank of Baroda.
According to Ashwani Gujral of ashwanigujral.com, one may sell Punjab National Bank, Capital First and Yes Bank.
Ashwani Gujral of ashwanigujral.com suggests selling YES Bank, Capital First and Punjab National Bank.
Rajesh Agarwal of Aum Capital recommends buying Canara Bank, Federal Bank, Punjab National Bank and State Bank of India.
Ashwani Gujral of ashwanigujral.com suggests buying Union Bank of India, Bank of Baroda and PNB.
Vijay Chopra of enochventures.com recommends buying Punjab National Bank with a stoploss at Rs 165 and target of Rs 175 and SpiceJet with a stoploss at Rs 108 and target of Rs 116.
Ruchit Jain of Angel Broking advises buying Bharat Forge with a target of Rs 1195.
Jay Thakkar of Anand Rathi Securities advises buying Indo Count Industries with a target of Rs 204.90.
Sudarshan Sukhani of s2analytics.com suggests buying Punjab National Bank, Tata Chemicals and TVS Motor Company.
Sandeep Wagle of powermywealth.com recommends buying Punjab National Bank while he feels that Ceat may test Rs 1530.
Mitessh Thakkar of mitesshthakkar.com suggests buying Asian Paints, Britannia Industries, Punjab National Bank, BF Utilities, Birla Corp and Axis Bank.
Ashwani Gujral of ashwanigujral.com recommends buying IIFL Holdings, Ingersoll Rand, Punjab National Bank, India Oil Corporation and Magma Fincorp.
Ashwani Gujral of ashwanigujral.com suggests buying Magma Fincorp, Punjab National Bank and Mahindra Lifespace Developers.
Vijay Chopra of enochventures.com is of the view that one may exit Mindtree on rallies.
Ashwani Gujral of ashwanigujral.com recommends buying Aurobindo Pharma, Canara Bank and City Union Bank.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Punjab National Bank and sell Hindalco Industries.