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
Rajat Bose of rajatkbose.com recommends going long in HCL Tech with a target of Rs 2005 and Hero Motocorp with a target of Rs 2863.
Sudarshan Sukhani of s2analytics.com recommends buying HCL Tech.
Prakash Diwan of Altamount Capital Management is of the view that HCL Tech is a good buy and expects 20-25 percent upside in another three months.
Independent Market Expert, Ambareesh Baliga feels that HCL Technologies may go up 4-5 percent.
According to Mayuresh Joshi of Angel Broking, HCL Technologies may move to Rs 1960.
According to Dhananjay Sinha of Emkay Global Financial Services, one may see upside in HCL Technologies.
Ajay Argal, Head of Indian Equities at Baring Asset Management (Asia) is underweight in the IT sector.
R Venkatraman, MD at IIFL Group is of the view that one may prefer HCL Tech.
Prakash Diwan of Altamount Capital Management is of the view that one may look at HCL Tech.
Ankit Pande, Equity Research at Quant Broking is of the view that one may see 15 percent upside in HCL Tech.
Chandan Taparia of Anand Rathi Securities is of the view that one may short HCL Tech.
Amit Harchekar, Chief Technical Strategist at A PLUS Analytics has a negative view on TCS and HCL Tech.
Siddarth Bhamre of Angel Broking is of the view that HCL Tech may test Rs 1546.
Vishal Malkan, CMT at malkansview.com is of the view that one may hold HCL Technologies.
Sudarshan Sukhani of s2analytics.com recommends buying Voltas, SKS Microfinance and HCL Tech.
According to Rajat Bose of rajatkbose.com, one may buy HCL Technologies at around Rs 1500.
Here are top 10 stocks to keep an eye on January 9 - HDFC Bank, Dish TV, Infosys, HCL Tech, Spicejet, Manappuram, Muthoot, TD Power, Brigade Enterprises and Adani Ports.
Gaurang Shah, VP at Geojit BNP Paribas financial Services is of the view that one may prefer TCS, Infosys and Persistent Systems from the IT pack.
Here are top 10 stocks to focus on January 1 - HPCL, Maruti, ICICI Bank, Axis Bank, Dr Reddy's, HCL Tech, Bharti Airtel, Marico, Adani Ports & Rallis India.
According to Market Expert, Ambareesh Baliga, one may buy IT stocks on corrections.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy IT stocks.
Dipan Mehta, Member at BSE & NSE is of the view that one may prefer pharma stocks.
Sandeep Shenoy of Pioneer Investcorp is of the view that one may buy IT stocks on declines.
Here are top 10 stocks to focus on December 23 - HDFC, SBI, Bank Nifty, Ipca Labs, HCL Tech, Intellect Design Arena, Max India, Rel Cap, NTPC and Gujarat Pipavav.
Independent Market Expert, Ambareesh Baliga is of the view that one may buy Infosys, HCL Technologies and Mindtree on correction.