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
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.
R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher is of the view that Infosys and Tech Mahindra are the top picks from the largecap IT space and Hexaware Tech and KPIT Tech are the top picks from the midcap IT space.
Here are top 10 stocks to focus on February 5 - EIL, UPL, HDFC Bank, Bharti Airtel, Aurobindo Pharma, Ramco Cements, JB Chemicals and KEC International.
Siddarth Bhamre of Angel Broking recommends shorting Tech Mahindra at current level with a target of Rs 2690.
Krish Subramanyam of Asit C Mehta is of the view tat one may buy Tech Mahindra 2900 strike call and sell 3100 strike call.
Ajay Bodke of Prabhudas Lilladher is of the view that one may prefer Infosys, Tech Mahindra and Hexaware Technologies.
R Venkatraman, MD at IIFL is of the view that one may look at Tech Mahindra.
Sudarshan Sukhani of s2analytics.com recommends buying Tech Mahindra and Wipro.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer IT, pharma and financial stocks.
Manoj Murlidharan of Religare Securities is of the view that Tech Mahindra may test Rs 2845.
Vishal Malkan, CMT at malkansview.com is of the view that one may prefer Tech Mahindra over Wipro.
Ajay Bodke of Prabhudas Lilladher prefers Tech Mahindra, Infosys, Hexaware Technologies and KPIT Technologies.
Vishal B Malkan of malkansview.com is of the view that Tech Mahindra may test Rs 2850-2880.
Kunal Saraogi of Equityrush is of the view that one may buy Tech Mahindra.
Krish Subramanium of Asit C Mehta Investment Intermediattes advises buying Tech Mahindra 2700 call and selling 2900 call.
Hemant Thukral of Aditya Birla Money is of the view that Tech Mahindra may add 4-5 percent from the current levels.
Nirmal Jain, Chairman at IIFL is of the view that one may prefer Mindtree and Tech Mahindra from a medium-term perspective.
According to Vineet Bhatnagar, MD at PhillipCapital, Tech Mahindra is a top pick.
Meghana V Malkan of malkansview.com advises buying SKS Microfinance and Tech Mahindra.