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
Vikas Khemani of Edelweiss Securities is of the view that Persistent Systems can be a multibagger from current levels.
Nikhil Vora, MD & Head - Research a, IDFC Securities is positive on technology space. "It seems to be a fairly decent time to be in that space," he adds.
Ajay Bodke of Prabhudas Liladher has a positive view on Wipro and Tech Mahindra.
Anu Jain of IIFL Pvt Wealth Management is of the view that one may enter Persistent Systems on dips around Rs 640 with a stoploss at Rs 620.
The 'muhurat' trading session will be conducted for 75 minutes tomorrow (Diwali day), both on the NSE and BSE. Moneycontrol.com got Vivek K. Negi, VP research of Wellindia Group to answer the stock queries you sent us on our Facebook page as part of KYI (Know Your Investment).
HSBC Securities and Capital Markets on Thursday downgraded Tata Consultancy Services and HCL Technologies to "neutral" from "overweight," and said IT stocks were likely to remain lacklusture through the second quarter results season as discretionary spending had stayed weak.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani of AMSEC Research shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Persistent Systems may rally upto Rs 400, says PN Vijay, Portfolio Manager, pnvijay.com.