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
Vishal Malkan, Malkansview advises buying Cox & Kings for a target price of Rs 158 and Bata India for a target price of Rs 1120.
Gautam Trivedi, MD & head of equities-India of Religare Capital Markets is of the view that Firstsource Solutions may test Rs 50.
Shardul Kulkarni of Angel Broking recommends exiting Firstsource Solutions as the stock has significant resistance around Rs 20.50-21.
Mehraboon Irani of Nirmal Bang Securities prefers Firstsource Solutions, Polaris Financial Technology in the IT space, Sun Pharma Advanced Research Company in the pharma space and Tata Motors and Motherson Sumi Systems.
According to Rajesh Agarwal of Eastern Financiers, one may buy Bharat Heavy Electricals (BHEL) with a target of Rs 155 and advises selling Godrej Industries with a target of Rs 272.
Saurabh Mittal of Swadeshi Credits advises buying Voltas with a target price of Rs 78 and Dishman Pharma with a target price of Rs 52.
Rajesh Agarwal of Eastern Financiers recommends buying Sun Pharma Advanced Research Company with a target of Rs 138 and Apollo Hospitals Enterprises with a target of Rs 950.
Saurabh Mittal of Swadeshi Credits advises buying Zee Entertainment with a target price of Rs 247 and Apollo Hospital with a target price of Rs 944.
One can buy on Madras Cements with a target price of Rs 174. It is one of the most efficient cement players in South India and the fact is that it has got lowest exposure to volatile markets of Andhra Pradesh that provides some sort of stability to it, says Vishal Jajoo of Nirmal Bang.
Prakash Diwan of Altamount Capital Management advises buying Emami with a target price of Rs 499 and Motherson Sumi with a target price of Rs 230.90.
According to Aashish Tater of FortuneWizard.com, one may go long on Firstsource Solutions for a target of Rs 13.80 and a stop loss of Rs 13.15 and advises to sell Reliance Communications (RComm) as the stock will go and test Rs 92 mark from medium term perspective.
Aashish Tater of FortuneWizard.com advised buying Firstsource Solutions with a target price of Rs 13.8 and Dena Bank with a target price of Rs 73.5.
Gautam Sinha Roy of Motilal Oswal Securities told CNBC-TV18 that HCL Tech will be his top pick as the earnings season starts next week.
Phani Sekhar Fund Manager of Angel broking recommends shifting from Firstsource Solutions to largecap IT company.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Buy Firstsource Solutions on dips, says SP Tulsian of sptulsian.com.
Buy Firstsource Solutions for long term, says SP Tulsian of sptulsian.com.
Exit Firstsource Solutions on rally, says Manas Jaiswal, Technical Analyst of Emkay Global.
Invest in Firstsource Solutions for long term, says Jatinder Sharma of Equity Strategist.
Firstsource Solutions may go upto Rs 13-14, says Somil Mehta of Sharekhan.
Phani Sekhar of Angel Broking is of the view that one should avoid Firstsource.
Trade in Firstsource Solutions, says Ambareesh Baliga, COO, Way2Wealth.