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
Sudarshan Sukhani of s2analytics.com is upbeat on IT index and prefers Hexaware Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying Union Bank and Kitex Garments.
Andrew Holland, CEO at, Ambit Investment Advisors is of the view that one may prefer IT, two wheelers and consumer goods stocks.
Sudarshan Sukhani of s2analytics.com recommends buying Infosys.
Sudarshan Sukhani of s2analytics.com recommends buying GAIL India, Hindustan Unilever and Infosys.
Amit Gupta, Head- Derivatives at ICICIdirect is of the view that one may go long in HDFC Bank and short Nifty.
Rajat Bose of rajatkbose.com recommends selling Infosys and feels that Axis Bank may test Rs 405.
CA Rudramurthy BV of Vachana Investments advises buying Infosys, TCS, Persistent Systems and KPIT Technologies.
Accenture's strong earnings report will not have a great impact on Indian IT companies, says Karan Taurani, senior analyst at Dolat Capital. Indian tech majors aren't exposed much to consulting business, a key driver of Accenture's growth, he adds.
However, this should not discount the fact that Accenture‘s success is a result of its strong execution in digital and consulting, also helped by the fact that they are better positioned for it from a delivery, sales and client profile perspective, says Jefferies
Hemant Thukral of Aditya Birla Money recommends going long in Infosys with a target of Rs 1240-1250.
Sudarshan Sukhani of s2analytics.com recommends buying Bharat Forge, TCS, Tech Mahindra and Infosys.
Prakash Gaba of prakashgaba.com is of the view that SAIL may test Rs 47.50 while Infosys may hit Rs 1,240.
Nooresh Merani of Asian Market Sec is of the view that one may buy Ashok Leyland with a target of Rs 115.
According to Pankaj Jain of SW Capital, one may prefer Sun Pharma, Kotak Mahindra Bank and Infosys.
Ashwani Gujral of ashwanigujral.com recommends buying Infosys and Tata Steel and advises selling Kaveri Seed Company.
Ashwani Gujral of ashwanigujral.com recommends selling Canara Bank and Kotak Mahindra Bank and advises buying Infosys.
Rahul Mohindar of viratechindia.com has a positive view on Reliance Industries with a target of Rs 1150.
Gaurang Shah of Geojit BNP Paribas is of the view that Infosys may move to Rs 1300-1350.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Sun Pharmaceutical, Larsen & Toubro (L&T), Infosys and Tata Motors.
Rahul Mohindar of viratechindia.com recommends buying Hindalco Indstries, Infosys and Voltas.
Rajat Bose of rajatkbose.com recommends buying Infosys, Ambuja Cements, Cairn India and Bank of Baroda.
Ashwani Gujral of ashwanigujral.com recommends buying Infosys, Wipro and Eicher Motors and feels that Ambuja Cements may test Rs 255-260.
Ashwani Gujral of ashwanigujral.com recommends buying Infosys and ONGC and advises selling Lupin.
Sudarshan Sukhani of s2analytics.com recommends buying Canara Bank, Reliance Industries, Infosys and Ambuja Cements.