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
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - HCL Tech, Bajaj Auto, Bharat Forge, Punj Lloyd & Berger Paints.
Dipesh Mehta, IT Analyst at SBI Capital Securities has a hold rating in HCL Technologies with a target of Rs 970.
Sudarshan Sukhani of s2analytics.com recommends buying Larsen & Toubro and feels that HCL Technologies will become a buying opportunity at around Rs 900.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that HCL Tech top bet from IT space.
Sameet Chavan of Angel Broking advises buying HCL Technologies with a target of Rs 1010.
According to Sudarshan Sukhani of s2analytics.com, if the prices of IT stocks are stable, I would be a buyer in HCL Technologies.
Kunal Bothra of LKP Securities recommends going long in Colgate Palmolive.
Manas Jaiswal of manasjaiswal.com recommends buying HCL Technologies and advises selling Vedanta.
Harendra Kumar of Elara Capital recommends buying Infosys and suggests reducing exposure to TCS.
Dipan Mehta - Member at BSE & NSE has a negative view on Infosys, TCS, HCL Tech as well as Tech Mahindra.
Gaurang Shah of Geojit BNP Paribas Financial Svcs has a positive view on TCS, Infosys, HCL Tech, Tech Mahindra and Mindtree.
Saurabh Mukherjea of Ambit Capital is of the view that one can buy Tech Mahindra and HCL Tech.
Sudarshan Sukhani of s2analytics.com recommends buying Axis Bank, Bajaj Auto and HCL Technologies.
Manoj Murlidharan of Religare Securities is of the view that Engineers India is a good trading bet.
According to Mukul Garg of Societe Generale, HCL Technologies is the top pick from the IT space.
Madhu Babu of Centrum Broking is of the view that HCL Technologies is the top pick in the tier I IT space and recommends holding Mindtree.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HCL Technologies if the market becomes steady.
So, as Indian market gets back to its feet again, here are 10 stocks that you can buy or sell as suggested by Ambit.
Jai Bala of 1857 Advisors is of the view that IT space looks positive.
Sharmila Joshi of sharmilajoshi.com recommends picking L&T, BHEL, ICICI Bank, HDFC Bank, Sun Pharma and Dr Reddy's Labs.
TS Harihar of HRBV Client Solutions is of the view that one can go long in HCL Tech.
Sudarshan Sukhani of s2analytics.com recommends buying Dabur India and HCL Technologies and advises selling JSW Steel.
Mayuresh Joshi of Angel Broking is of the view that one may prefer ICICI Bank, Axis Bank, Infosys and HCL Tech.
According to Gaurav Bissa of LKP Securities, one may book profits in HCL Technologies.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Infosys, HCL Technologies and TCS.