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
Sandip Agarwal of Edelweiss Securities suggests holding Tata Consultancy Services.
Dilip Bhat of Prabhudas Lilladher is of the view that Infosys is the top pick followed by HCL Technologies.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Infosys, HCL Tech and TCS from the IT space.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer ICICI Bank, Cummins, HCL Technologies, Tech Mahindra and Sun Pharma.
Sudip Bandopadhyay, Market Expert recommends buying HCL Tech and Greenply.
Hemen Kapadia of KRChoksey Sec is of the view that one can buy Aditya Birla Nuvo with a target of Rs 836 and LIC Housing Finance with a target of Rs 476.
Ruchit Jain of Angel Broking recommends buying Buy HCL Technologies with a target of Rs 885 and Hindustan Unilever with a target of Rs 910.
Prakash Gaba of prakashgaba.com recommends going long in Bata India and feels that Idea Cellular may test Rs 118.
According to Amit Khurana of Dolat Capital, HCL Technologies remians the preferred largecap IT pick.
SP Tulsian of sptulsian.com is of the view that one may see profit booking in Geometric.
Ashwani Gujral of ashwanigujral.com recommends buying HCL Tech, TCS and Bharat Electronics.
Accenture's strong earnings report will not have a great impact on Indian IT companies, says Karan Taurani, senior analyst at Dolat Capital. Indian tech majors aren't exposed much to consulting business, a key driver of Accenture's growth, he adds.
Mayuresh Joshi of Angel Broking is of the view that one may prefer HCL Technologies from the IT space.
According to Ashu Madan of Religare Securities, one may exit HCL Technologies on rise.
Mayuresh Joshi of Angel Broking likes Infosys and HCL Tech from the largecap IT space as well as Mahindra Lifespace.
Ashwani Gujral of ashwanigujral.com recommends selling HCL Tech and advises buying Shree Renuka Sugars and Tata Steel.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities is of the view that one may sell Cipla and feels that HCL Tech may test Rs 780.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Pipavav Defence, Sadbhav Engineering and Jet Airways.
Sudarshan Sukhani of s2analytics.com recommends buying Bharti Airtel and Hero Motocorp and feels that HCL Tech may head lower.
Mayuresh Joshi, Fund Manager (PMS) at Angel Broking prefers largecap IT and Infosys and HCL Tech are the top picks.
Sudarshan Sukhani of s2analytics.com recommends buying Infosys and HCL Technologies.
Manoj Murlidharan of Religare Securities recommends buying Cipla, Torrent Pharma, HCL Tech and TVS Motor.
Sudarshan Sukhani of s2analytics.com recommends buying Biocon and advises selling Page Industries, Dr Reddy's Labs, Vedanta and Havells India.
Dhananjay Sinha - Head, Institutional Research at Emkay Global Financial Services is of the view that one can pick Asian Paints, Britannia Industries and Marico and likes YES Bank, HDFC Bank and HCL Technologies.
Prakash Gaba of prakashgaba.com recommends buying Castrol India and feels that HCL Tech may hit Rs 795 while Dr Reddy's Labs may test Rs 2900.