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 of the view that one may sell Tata Consultancy Services and HCL Technologies on rally.
Kunal Bothra of LKP Securities is of the view that one may see more pain in Infosys and Tata Consultancy Services.
Amit Harchekar of A PLUS Analytics is of the view that one may go long in Tata Consultancy Services.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one may go short in Tata Consultancy Services.
Mayuresh Joshi of Angel Broking is of the view that one may invest in a staggered way in Infosys and TCS.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Tata Consultancy Services, HCL Technologies and Tech Mahindra.
Hemant Thukral of Aditya Birla Money is of the view that traders may go short in Tata Consultancy Services.
Sudarshan Sukhani of s2analytics.com advises shorting Tata Consultancy Services.
Manish Hathiramani of Deen Dayal Investments recommends selling Zee Entertainment, TCS and Asian Paints.
Mayuresh Joshi of Angel Broking is of the view that one can hold Mindtree.
Sudarshan Sukhani of s2analytics.com is of the view that HCL Technologies, Infosys, Tata Consultancy Services and Tech Mahindra deserve a buy.
According to Sharmila Joshi of sharmilajoshi.com, one may buy Infosys, TCS and Tech Mahindra from the IT space.
Mayuresh Joshi of Angel Broking is of the view that TCS and Infosys are at the top of the pecking order.
Sudarshan Sukhani of s2analytics.com recommends buying Tech Mahindra as th stock may head higher.
P Phani Sekhar of Karvy Stock Broking is of the view that four or five large IT companies should continue to deliver around 15-18 percent returns for longer term investors.
Siddarth Bhamre of Angel Broking expects Tech Mahindra to hit Rs 576 and likes TCS and Wipro.
According to Ashu Madan of Religare Securities, one may remain invested in Tata Consultancy Services.
Amit Harchekar of A Plus Analytics recommends buying Tata Consultancy Services for a target of Rs 2650.
Manav Chopra of Networth Stock Broking is of the view that TCS may test Rs 2650.
Rahul Shah, Associate VP, Equity Advisory Group at Motilal Oswal is of the view that one can buy Tata Consultancy Services for a target of Rs 2600.
R Venkatraman, MD at IIFL Group likes Tata Consultancy Services and Infosys in IT space, Maruti Suzuki and Tata Motors from the auto space and Sun Pharmaceutical Industries and Torrent Pharmaceuticals from the pharma space.
Aditya Agarwal of Way2Wealth recommends going long in TCS for target of Rs 2650-2660.
Sudarshan Sukhani of s2analytics.com recommends buying Infosys.
Siddarth Bhamre of Angel Broking suggests going long in Tata Consultancy Services as the stock may move above Rs 2600.
Ambareesh Baliga of Edelweiss Financial Services is of the view that one can buy TCS, Infosys from the IT space.