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
Kunal Saraogi of Equityrush recommends shorting IDFC and feels that Ashok Leyland can test Rs 47.
Akshata Deshmukh, Chief Strategist-Trading at Networth Stock Broking is of the view that one may hold IDFC as the stock may test Rs 180-185 in next one or one and half years.
Sudarshan Sukhani of s2analytics.com recommends buying IDFC on dips.
Jagannadham Thununguntla, Head of Research at SMC Global Securities is of the view that one may prefer IDFC and L&T.
According to Kunal Saraogi, CEO at Equityrush, one may exit Lanco Infratech and prefer IDFC at lower levels.
Shrikant Chouhan of Kotak Securities advises buying Indiabulls Housing Finance with a target of Rs 425 ands IDFC with a target of Rs 150.
Amit Harchekar of A PLUS Analytics is of the view that one may short IDFC as the stock may test Rs 130.
Prakash Diwan, Director at Altamount Cap Management is bullish on IDFC.
Rishi Kohli of ProAlpha Systematic Capital is of the view that IDFC may rise by Rs 10-15.
According to Hemen Kapadia of KR Choksey Securities, one may sell Tata Steel with a target of Rs 338 and buy Wipro with a target of Rs 568.
SP Tulsian of sptulsian.com has a positive stance on IDFC, LIC Housing Finance and L&T Finance Holdings.
Phani Sekhar of Angel Broking is of the view that one may pick IDFC at this level with a long term view.
Kunal Bothra of LKP is not bullish on Manappuram Finance. "One may prefer Larsen and Toubro and IDFC," he adds.
Krish Subramanyam of Asit C Mehta Investment is of the view that one may buy IDFC 105 Call with a possible target of Rs 115.
According to Pankaj Jain of Sunteck Wealthmax, one may hold IDFC.
Pritesh Mehta of IIFL suggests buying Dishman Pharmaceuticals & Chemicals with a target of Rs 96 and IDFC with a target of Rs 109.
Manas Jaiswal, technical analyst at manasjaiswal.com recommends buying IDFC for long term with a target of Rs 102.
On upside Rs 103 would be the possible target for IDFC and one can initiate a long position keeping a stoploss below Rs 96, says Ashish Chaturmohta of Fortune Equity Broker.
Krish Subramanyam of Asit C Mehta Investment is of the view that one may buy IDFC 95 strike March call and advises selling 100 strike call.
Sudarshan Sukhani of s2analytics.com is of the view that IDFC may test Rs 115 in the next one year.
SP Tulsian of sptulsian.com is positive on L&T Finance, IDFC and LIC Housing Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one may see lower levels in IDFC.
B Krishnakumar of Fundsindia.com has a bullish stance on IDFC with a target of Rs 110.
Shubham Agarwal of Motilal Oswal Securities is of the view that one may sell IDFC with a target of Rs 85.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid IDFC.