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
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may prefer Tech Mahindra.
Krish Subramanyam of Altamount Capital recommends buying Tech Mahindra 600 Call.
Kunal Saraogi of Equityrush recommends selling Aurobindo Pharma and Tech Mahindra.
Manas Jaiswal of manasjaiswal.com recommends selling CESC and Tech Mahindra.
Indian technology companies are unlikely to bring any cheer to investors in the March quarter earnings season. According to Antique Stock Broking currency will impact growth of IT companies in Q4.
Kawaljeet Saluja -Executive Director & Head - Research at Kotak Institutional Equities is of the view that Infosys and Tech Mahindra are the top picks.
TS Harihar of HRBV Client Solutions recommends buying frontline IT stocks including Wipro, Infosys, Tata Consultancy Services, Tech Mahindra and HCL Technologies.
Aashish Tater of fortunewizard.com is of the view that one can buy India Cements and Tech Mahindra.
Manoj Murlidharan of Religare Securities is of the view that Tech Mahindra and Hexaware Technologies are the top picks.
Sharmila Joshi of sharmilajoshi.com feels that Tech Mahindra may test Rs 800.
Pritesh Mehta of IIFL is of the view that one can buy Tech Mahindra with a target of Rs 680.
Mithil Pradhan of Violet Arc Global Managers has a bullish stance on pharma space.
Gaurav Bissa of LKP Securities recommends buying Asian Paints, Tech Mahindra and Arvind.
Rajat Bose of rajatkbose.com is of the view that Tata Motors amy fall by 10 percent.
Gaurav Mehta of Ambit Capital is of the view that Tata Steel is a good contra bet and prefers Tech Mahindra.
Here are top 10 stocks to focus on March 18 - IOC, Tech Mahindra, Sesa Sterlite, Reliance Infra, Mahindra & Mahindra, M&M Financial, Bhushan Steel, SBI, Gujarat Fluoro and Aarti Drugs
Vibhor Singhal of Phillip-Capital prefers Tech Mahindra, TCS and HCL Tech from the largecap IT space and amongst the midcap space likes KPIT Technologies and NIIT.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Tech Mahindra and HCL Tech.
Krish Subramanyam of Asit C Mehta Investment Interrmediates recommends buying Tech Mahindra at around Rs 2830 with a target of Rs 2900.
Sameet Chavan of Angel Broking is of the view that one may exit Tech Mahindra on every bounce.
Sudarshan Sukhani of s2analytics.com recommends buying Tech Mahindra and advises holding the stock.
Krish Subramanyam of Asit C Mehta Investment Interrmediates is of the view that one can buy Tech Mahindra February Futures at around Rs 2936-2940.
Siddharth Bhamre of Angel Broking has a positive view on Reliance Industries.
Manoj Murlidharan of Religare Securities has a positive view on IT and feels that PSU banks and cement stocks can outperform.
Gaurang Shah, VP at Geojit BNP Paribas Financial Services advises exiting Hero Motocorp and get in to HCL Technologies or Tech Mahindra.