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
Amit Harchekar of A PLUS Analytics recommends shorting Tata Consultancy Services as the stock may test Rs 2350.
Sudarshan Sukhani of s2analytics.com recommends exiting Rashtriya Chemicals and Fertilisers and advises buying Infosys, TCS and Reliance Industries.
Siddarth Bhamre of Angel Broking recommends buying Tata Consultancy Services with a target of Rs 2598.
Sudarshan Sukhani of s2analytics.com recommends exiting Rolta India and feels that there are opportunities in IT sector including Infosys, Tata Consultancy Services and Tech Mahindra.
Jeff Chowdhry, senior EM Fund Manager at LGM is of the view that one may prefer Tata Consultancy Services for long term.
Daljeet Singh Kohli of India Nivesh Securities recommends buying Infosys with a target of Rs 1188 and feels that Q2 numbers can be better than Q1 numbers.
Shashibhushan .M.R of Way2Wealth Brokers is of the view that one may stick to largecap IT stocks.
Vibhor Singhal, analyst at Phillipcapital has a positive view on Tata Consultancy Services and feels that one may accumulate the stock on dips.
Tirthankar Patnaik of Mizuho Bank is of the view that the IT space will continue outperforming over the next month.
Dipan Mehta, member at BSE & NSE is of the view that one may look at the IT space including Mindtree and Zensar Technologies.
Lalit Nambiar, fund manager at UTI MF is of the view that one may prefer the pharma and IT space.
Ajay Bagga, market expert told is of the view that one can buy IT stocks.
Neeraj Deewan of Quantum Securities is of the view that one may look at the IT space.
Parag Thakkar of HDFC Securities is of the view that IT sector is a great long term opportunity.
Gaurav Bissa of LKP Securities recommends holding Tata Consultancy Services and feels that one can exit the stock on any bounce.
Harendra Kumar of Elara Capital recommends buying Infosys and suggests reducing exposure to TCS.
Dipan Mehta - Member at BSE & NSE has a negative view on Infosys, TCS, HCL Tech as well as Tech Mahindra.
Hemindra Hazari, Independent Market Expert is of the view that one may prefer largecap IT over midcap IT.
Gaurang Shah of Geojit BNP Paribas Financial Services feels that Tata Consultancy Services may move to Rs 2850.
Deven Choksey of KR Choksey Shares and Securities is of the view that one can look at Tata Consultancy Services at around Rs 2100-2200.
TS Harihar of HRBV Client Solutions recommends shorting Tata Consultancy Services at around Rs 2525 and feels that one can buy the 2600 Call.
Girish Pai, Head of Research at Nirmal Bang Institutional Equities has a cautious view on the IT sector and recommends selling TCS with a target of Rs 2173.
According to Sharmila Joshi of sharmilajoshi.com, one may buy Tata Consultancy Services at lower levels.
P Phani Sekhar of Karvy Stock Broking is of the view that one may prefer private banks and IT stocks on declines.
Sudarshan Sukhani of s2analytics.com recommends buying TCS.