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
Mayuresh Joshi of Angel Broking likes cement, infra and largecap IT space.
Sudip Bandopadhyay, Market Expert recommends buying Bajaj Auto, Hero Motocorp, State Bank of India, Maruti Suzuki, Infosys and HCL Tech.
Gaurang Shah of Geojit BNP Paribas is of the view that one may pick Arvind, Lupin or HCL Technologies.
According to Gaurang Shah of Geojit BNP Paribas, one may prefer Infosys and HCL Technologies.
Prakash Gaba of prakashgaba.com recommends going long in Hindustan Unilever and HCL Tech and feels that HDFC Bank and Wipro look good.
Chandan Taparia of Anand Rathi Securities recommends buying Siemens, IndusInd Bank and HCL Tech.
Prakash Gaba of prakashgaba.com is of the view that one can buy Bajaj Auto and UPL and feels that HCL Tech may test Rs 815.
Gaurang Shah of Geojit BNP Paribas feels that Tata Consultancy Services may move to Rs 2650.
Rajat Bose of rajatkbose.com recommends selling Infosys and HCL Technologies and feels that ICICI Bank may test Rs 210.
Jai Bala of Cashthechaos.com feels that HCL Technologies may move to Rs 1100.
Sudarshan Sukhani of s2analytics.com advises buying Ashok Leyland and HCL Technologies.
Sudip Bandopadhyay, Market Expert is of the view that one may buy HCL Technologies.
Prakash Diwan of prakashdiwan.in has a positive view on Wipro.
Prakash Gaba of prakashgaba.com recommends selling Cairn India and Asian Paints and feels that Hero Motocorp may head higher and test Rs 2,520.
Shubham Agarwal of Motilal Oswal Securities is of the view that HCL Tech may move higher.
Hemant Thukral of Aditya Birla Money is of the view that one can buy HCL Technologies on dips while Infosys may move higher.
Prakash Gaba of prakashgaba.com recommends selling Bajaj Auto and advises buying HCLTech.
Saurabh Mukherjea - CEO, Institutional Equities at Ambit Capital is of the view that one can buy Tata Consultancy Services.
Prakash Gaba, Technical Analyst at prakashgaba.com is of the view that Godrej Consumer is a defensive buy and feels that HCL Tech may move higher.
Sudarshan Sukhani of s2analytics.com is of the view that one may see lower levels in IT stocks and recommends shorting IT stocks.
Shubham Agarwal of Motilal Oswal Securities is of the view that HCL Tech may head lower and test Rs 740.
Rakesh Bansal of RK Global suggests buying Gail India with a target of Rs 387.
Harit Shah, IT Analyst at HDFC Securities is of the view that Majesco may test Rs 800.
Mayuresh Joshi of Angel Broking is of the view that TVS Srichakra may test Rs 3240 in next 9 months.
Jai Bala of 1857 Advisors is of the view that below Rs 800, HCL Technologies will be a good bet.