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 likes LIC Housing Finance and Mindtree as the stocks have attractive long-term bullish charts.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Tata Consultancy Services.
Anand Tandon, Market Expert is of the view that one can buy Tata Consultancy Services.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell TCS and Infosys.
Mehraboon Irani of Nirmal Bang Securities prefers TCS over Infosys and Wipro.
Ravi Menon, Analyst-IT Services at Elara prefers HCL Tech and Infosys over TCS and advises buying Cyient.
Yogesh Mehta of Motilal Oswal Securities is of the view that below Rs 1090-1095, Infosys may slip to Rs 1060.
Even as Infosys posted a strong set of numbers, the company shares headed lower focusing on the negative piece of news emerging out of the declaration: that the earnings included a small one-off component and that it had lowered its earnings guidance.
Gautam Sinha Roy of Motilal Oswal Mutual Fund likes pharma and IT stocks.
Deven Choksey of KRChoksey Investment Managers is of the view that one may buy Infosys on correction.
Prakash Diwan of Altamount Capital Management is of the view that one may keep an eye on Tata Consultancy Services.
Rahul Shah of Motilal Oswal is of the view that one can buy pharma stocks on decline.
Ajay Bagga, Market Expert is of the view that large cap IT is a buy.
Amit Harchekar of A Plus Analytics recommends buying TCS for a target of Rs 2,880-2,900.
Hemant Thukral of Aditya Birla Money is of the view that Infosys looks strong for a target of Rs 1240 and feels that TCS may hit Rs 2680-2700.
Ashish Kyal of wavesstrategy.com is of the view that one may buy Hitachi Home & Life Solutions with a target of Rs 1565.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer TCS, Wipro and Infosys.
Chandan Taparia of Anand Rathi Securities recommends trading Infosys 1200 call and has a positive stance on TCS for a target of Rs 2,670-2,680.
Kunal Bothra of LKP Securities is of the view that one may look at Aurobindo Pharma, TCS, DCB Bank and Tata Consultancy Services.
Sudarshan Sukhani of s2analytics.com is of the view that one can look at HCL Technologies and Mindtree.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer HDFC Bank and Dalmia Bharat.
TS Harihar of HRBV Client Solutions is of the view that one may go long in Infosys October future and short TCS future.
According to Sharmila Joshi of sharmilajoshi.com, one may prefer largecap stocks like Larsen and Toubro, Sun Pharma and Dabur India.
Sacchitanand Uttekar of Motilal Oswal Financial Services is of the view that one may accumulate Tata Consultancy Services with a target of Rs 2750.
Mayuresh Joshi of Angel Broking likes private banks and selective pharma names and also likes TCS, Infosys and HCL Technologies.