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
Shubham Agarwal of Motilal Oswal Securities recommends selling IDFC as the stock may slide towards Rs 105.
Hemen Kapadia of KRChoksey Securities is of the view that one may sell Jindal Steel & Power on rallies and prefers Axis Bank or IDFC.
Gaurav Bissa of LKP Securities recommends holding IDFC as the stock may bounce back and may even test Rs 200-220 if it moves above Rs 170.
Sudarshan Sukhani of s2analytics.com is of the view that IDFC is a short selling idea.
Manas Jaiswal of manasjaiswal.com suggests selling Hindalco Industries with a target of Rs 90.
Manas Jaiswal of manasjaiswal.com recommends going long in IDFC at the current level as the stock may hit Rs 155.
Amit Harchekar of A Plus Analytics is of the view that one may buy HDFC Bank and sell Infosys and IDFC.
Meghana V Malkan of malkansview.com is of the view that one may hold IDFC.
Sudip Bandopadhyay of Destimoney Securities is bullish on City Union Bank and South Indian Bank and advises buying IDFC.
Sudarshan Sukhani of s2analytics.com advises staying with IDFC and recommends switching from Tata Motors to Maruti Suzuki or Hero Motocorp.
Siddarth Bhamre of Angel Broking is of the view that one may prefer IDFC at around Rs 146-147.
Sahil Kapoor of Edelweiss Financial Services is of the view that IDFC may head up to Rs 160-164.
Sameet Chavan of Angel Broking advises buying Reliance Industries, ICICI Bank and SBI.
Sudarshan Sukhani of s2analytics.com advises buying Jubilant Food and BPCL.
Sudarshan Sukhani of s2analytics.com recommends buying Amara Raja Batteries and Idea Cellular and advises selling IDFC.
Manoj Murlidharan of Religare Securities recommends buying IDFC and Power Grid.
Sudarshan Sukhani of s2analytics.com recommends selling Adani Power, Exide Industries and IDFC.
Manas Jaiswal of manasjaiswal.com recommends selling DLF and IDFC.
According to Nooresh Merani of Analyse India, one may prefer Larsen and Toubro, Bajaj Auto and Hero Motocorp.
Krish Subramanyam of Altamount Capital is of the view that one can buy IDFC 155 Put.
Jai Bala of 1857 Advisors has a positive view on Aban Offshore and IDFC.
Here's a list of top 10 stocks that are in news today due to fourth quarter earnings, company which plans to expand business, and stocks that have daily moving average.
Sandip Sabharwal of asksandipsabharwal.com recommends buying IDFC on correction.
Siddharth Teli, banking analyst at CIMB recommends holding IDFC.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may hold IDFC.