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
Aashish Tater, head of Research, Fortunewizard.com picks L&T Finance Holdings and LIC Housing Finance as his multibaggers.
Sell IDFC, says Sudarshan Sukhani of s2analytics.com.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Vishal Kshatriya, Sr Derivative Analyst, Edelweiss give top pick for the day.
IDFC can decline to Rs 120, says Sudarshan Sukhani of s2analytics.com.
Sell IDFC, says Sudarshan Sukhani of s2analytics.com.
The profit booking can bring IDFC down sub-Rs 150, says SP Tulsian, sptulsian.com.
Ajay Srivastava, CEO of Dimensions Consulting feels IDFC is a strong stock because it has been flexible in doing projects in India.
Short IDFC, says Sudarshan Sukhani of s2analytics.com.
IDFC may correct to Rs 172, says SP Tulsian, sptulsian.com.
One can buy IDFC with a stop loss of Rs 165, says Rahul Mohindar, Director, viratechindia.com.
JK Jain, Karvy Stock Broking is of the view that one should keep stoploss of Rs 171 in IDFC.
IDFC can move to Rs 195-200, says Anil Manghnani, Modern Shares & Stock Brokers. If you are a trader – a strict stop loss of Rs 170 but if you are a positional player then it comes closer to Rs 160.
Short term trader can short sell ITC, says Sudarshan Sukhani of s2analytics.com. Its trading range broke out on the downside yesterday and that was when the Nifty was up 19 points and that decline is likely to continue.
Hemant Thukral, Aditya Birla Money feels that IDFC is heading up for a new level towards Rs 188-190.
IDFC will cross Rs 200, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com said he would be a buyer in IDFC as the stock is going to be a steady outperformer.
See upside in IDFC, says SP Tulsian, sptulsian.com.
IDFC has target of Rs 210-220, says Ambareesh Baliga, Independent Analyst.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day.
Rahul Mohindar, viratechindia.com is of the view that IDFC can touch Rs 210-220 in the next two-three months.
Shardul Kulkarni, Angel Broking is of the view that IDFC has target of Rs 180 and Punj Lloyd can touch Rs 67.
Buying opportunity is seen in IDFC, says Sudarshan Sukhani of s2analytics.com.
Buy IDFC and Jet Airways, says Sudarshan Sukhani of s2analytics.com. If the market cheers a 30-40-50 point rally, IDFC should do much better.
Post the Diageo- United Spirits stake deal, United Spirits stock hit a new 52-week high of Rs 1953.90 today. SP Tulsian of sptulsian.com opines that the Diageo open offer might not see any response coming in favour of the company.
On CNBC-TV18's show Super Six, market gurus Manav Chopra of Nirmal Bang, Rajesh Jain of Religare Sec and Rakesh Gandhi of FRR shares, place their bets on two stocks each, thus offering investors a variety of options to choose from.