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
As the telecom sector undergoes consolidation, margins of the companies will continue to remain under pressure, said SP Tulsian of sptulsian.com. The debt-laden balance sheets is seen as a 'big scare'.
According to Ashwani Gujral of ashwanigujral.com, one can buy Vijaya Bank, Marico and HCL Technologies.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Sun TV Network with a target of Rs 738.
Mitesh Thacker of miteshthacker.com is of the view that one can sell DLF, IndusInd Bank and Infosys and buy IIFL Holdings and Vijaya Bank.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Bajaj Finance and buy Vijaya Bank.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks for the day and talked about the public sector undertaking (PSU) banking space.
Ashwani Gujral of ashwanigujral.com recommends buying Vijaya Bank, Syndicate Bank, Prism Cement, Delta Corp and Natco Pharma.
Krish Subramanyam of Altamount Capital advises buying Alembic with a target of Rs 40.
Vijay Chopra of enochventure.com recommends buying Siemens with a target of Rs 1140 and DLF with a target of Rs 120.
Rajat Bose of rajatkbose.com is of the view that one may prefer Vijaya Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Vijaya Bank and Dena Bank.
Ajay Srivastava, CEO of Dimensions Consulting is of the view that one may buy PSU banking stocks on dips.
Vishal Kshatriya, senior derivative and technical analyst at Edelweiss recommends selling Vijaya Bank and Bank of India (BOI) and advises going long in Bata India with a target of Rs 1080.
Kunal Bothra of LKP recommends buying Adani Power with a target of Rs 37.40 and advises selling Titan Industries with a target of Rs 220.
Prakash Diwan of Asit C Mehta advises going long in Jet Airways for a target price of Rs 335 and KEC International for a target price of Rs 41.75.
According to Aashish Tater of Fortunewizard.com, one may go long on Polaris Financial Technology with a target of Rs 111 and buy Vijaya Bank.
Aashish Tater of Fortunewizard.com advised buying Polaris with a target price of Rs 111 and Vijaya Bank with a target price of Rs 38.
According to Sudarshan Sukhani of s2analytics.com, one may see lower levels in Vijaya Bank. "It may touch Rs 34-35," he adds.
Hemant Thukral of Aditya Birla Money recommends going long on Bata India with a stoploss of Rs 860 and target of Rs 910.
Prakash Diwan, Director of Altamount Capital Management says Vijaya Bank is a neat and clean balance sheet and it may touch Rs 78 in long term.
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management advises to exit Vijaya Bank at around Rs 50-55.
SP Tulsian of sptulsian.com advised buying Reliance Communications with a target price of Rs 113 and United Breweries with a target price of Rs 698.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Vijaya Bank. "Vijaya Bank has confirmed the bearish head and shoulder, broken down from it and is likely to head lower," he reasoned.
On CNBC-TV18's show Super Six, market gurus Manav Chopra of Nirmal Bang, Rajesh Jain of Religare Sec and Rakesh Gandhi of FRR shares, place their bets on two stocks each, thus offering investors a variety of options to choose from.
On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni of Angel Broking, Arunesh Madan of Augment Investment and Vishal Kshatriya of Edelweiss, place their bets on two stocks each, thus offering investors a variety of options to choose from.