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
In a CNBC-TV18 interview, SP Tulsian of sptulsian.com shared his reading and outlook on market and specific stocks.
Prakash Gaba of prakashgaba.com recommends shorting Axis Bank and TCS and likes CESC and Manappuram Finance.
VK Sharma of HDFC Securities recommends buying Wipro 540 Call and TCS 2550 Call and advises buying 720 Put in Bharat Forge and 960 Put in Ceat.
According to Ashwani Gujral of ashwanigujral.com, one can sell United Breweries and TCS and advises buying Unichem Laboratories.
Amit Gupta of ICICIdirect is of the view that one can hedge positions by buying TCS and shorting Nifty.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GAIL India, BPCL and ONGC and advises entering IT stocks.
Ashwani Gujral of ashwanigujral.com is of the view that SUn TV may test Rs 500 while Infosys may hit Rs 1400.
According to Sudarshan Sukhani of s2analytics.com, one can buy Infosys and SKS Microfinance and look at TCS for long term.
Prakash Gaba of prakashgaba.com feels that Reliance Industries may test Rs 1030 and TCS may move to Rs 2600.
VK Sharma of HDFC Securities is of the view that one may buy Sun Pharmaceutical Industries 820 Call and Tata Consultancy Services 2600 Call.
Jay Thakkar of Sharekhan advises buying BEML with a target of Rs 970.
Avinnash Gorakssakar, Market Expert is of the view that one may look at Infosys.
Sudarshan Sukhani of s2analytics.com advises buying TCS, Sun TV and Reliance Industries.
Gaurav Bissa of LKP Securities recommends buying Voltas 330 Call and TCS 2600 Call.
Ashwani Gujral of ashwanigujral.com recommends buying Bharat Petroleum Corporation, Tata Consultancy Services and Reliance Industries.
Sudarshan Sukhani of s2analytics.com recommends buying Hindustan Unilever, Tata Consultancy Services and Shriram Transport Finance.
Ashwani Gujral of ashwanigujral.com recommends buying JSW Steel, GAIL India and Bajaj Auto and feels that Reliance Industries may hit Rs 1040 while TCS may test Rs 2600.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Firstsource Solutions and advises selling TCS and Ambuja Cements.
CA Rudramurthy BV of Vachana Investments is of the view that one may buy Tata Consultancy Services on declines.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy TCS and HDFC for long term.
Rajat Bose of rajatkbose.com is of the view that TCS may test Rs 2595 while Balrampur Chini may hit Rs 115.
Infosys management's comprehensive breakdown of how it will achieve vision 20-20 has given hopes for the stock to re-rate further, says Sandip Agarwal of Edelweiss.
Sandip Agarwal of Edelweiss Securities suggests holding Tata Consultancy Services.
Hemant Thukral of Aditya Birla Money is of the view that one can trade Infosys with positive bias.
Mayuresh Joshi of Angel Broking is of the view that one may prefer Infosys, HCL Tech and TCS from the IT space.