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
Rajesh Satpute of Mangal Keshav Securities advised investing in IDFC for long term.
Salil Sharma of Kapur Sharma & Company said one should avoid IDFC.
Jai Bala, Chief Market Technician, Cashthechaos.com is of the view that IDFC looks weak.
PN Vijay, Portfolio Manager, www.askpnvijay.com feels that I am not surprised that short sellers find IDFC an attractive proposition.
Deven Choksey, MD, KR Choksey Shares and Securities feels that IDFC can give 25-30% returns in 1-year.
Buy IDFC from investment perspective, says Vishal Jajoo, Sr. Equity Research Analyst, Nirmal Bang Securities.
IDFC go down to Rs 120-125, says Somil Mehta of Sharekhan.
IDFC looks good from long term perspective, says Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services.
Prefer LIC Housing to IDFC, says Mithil Pradhan, Technical & Derivatives Analyst.
TCS can move to Rs 1230-1240, says Hemant Thukral, SBI Capital Securities.
L&T has resistance at Rs 1690-1725, says Rakesh Gandhi, LKP.
L&T, RIL and Tata Steel are looking good for intraday traders, says Hemen Kapadia, chartpundit.com.
Radhika Gupta, Director, Forefront Capital Management suggest one should not buy IDFC at this level.
IDFC may go up to Rs 167-168, says Mitesh Thacker, Technical Analyst.
Prefer financials over capital goods, says Mehraboon Irani, Principal and Head- Pvt Client Group Business, Nirmal Bang Securities.
Buy IDFC closer to Rs 125, says Ambareesh Baliga, Karvy Stock Broking.
Book profits in IDFC at Rs 151, says Amit Harchekar, Technical Analyst, IIFL.
VK Sharma of HDFC Securities is of the view one can buy 150 call of IDFC, which is available at Rs 1.5, and sell the 160 Call at around Rs 0.30.
VK Sharma of HDFC Securities is of the view that IRB Infra looks best among the infrastructure lots, we have seen open interest going up by 3% and there is a decent amount of open interest around Rs 35 crore.
Sterlite Technologies looks good, says Deven Choksey, KRChoksey Shares & Securities.
IDFC has support at Rs 134, says Amit Gupta, Chief Manager- Derivatives -ICICI Securities.
Exit IDFC, says Radhika Gupta, Director, Forefront Capital Management.
IDFC is looking good, says Jitendra Mehta, AVP Institutional Equity, Edelweiss.
Buy IDFC at current level, says Sudip Bandyopadhyay, MD & CEO, Destimoney Securities.