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
According to Rajat Bose of rajatkbose.com, one may prefer HCL Tech and Tech Mahindra from the IT space.
Vishal Malkan of malkansview.com recommends selling IOC and advises buying Tech Mahindra.
According to Sharmila Joshi of sharmilajoshi.com, one may hold Tech Mahindra.
Watch the interview of Sharmila Joshi of Sharmilajoshi.com who shared her readings and outlook on specific stocks and sector & Harsh Roongta, Director of Apnapaisa.com answered few personal finance queries.
Here are top 10 stocks to watch on December 11 - Sun Pharma, Wockhardt, Tech Mahindra, Jet Airways, Eicher Motor, JBF Industries, Shreyas Shipping, IOB, Allahabad Bank and Jubilant Food.
Kunal Bothra of LKP recommends buying Tech Mahindra and HCL Technologies and advises selling Century Textiles and Industries.
The Infosys stock fell 5 percent at yesterday's closing. Vibhor Singhal of Phillip Capital believes investors are reading too much into promoters selling their stake and yesterday's selling was an over-reaction.
Kunal Saraogi of Equityrush recommends selling Wipro and Tech Mahindra.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Tech Mahindra as the stock on its way to make lifetime new highs.
Parag Thakkar of HDFC Securities is of the view that one may prefer Cyient, Mindtree, AB Nuvo, TCS and Tech Mahindra.
Ajay Srivastava, CEO of Dimensions Consulting recommends buying Tech Mahindra, Infosys and Oracle Financial Technology.
Deven Choksey says the market cap of Kotak Mahindra Bank and Axis Bank will be Rs 1 lakh crore and it is trading at half the price State Bank of India is trading at. This one proposition becomes attractive for many to consider in the portfolio, he adds.
Abhijit Paul of Alphative Advisors LLP is of the view that Tech Mahindra may test Rs 2800 if it moves above Rs 2650.
VK Sharma - Head Private Broking & Wealth Management at HDFC Securities recommends buying HCL Tech 1640 Call and Tech Mahindra 2650 Call.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer IT stocks including HCL Technologies, Tech Mahindra, TCS and Mindtree.
Sharmila Joshi of sharmilajoshi.com advises buying Tech Mahindra with a target of Rs 3300.
Ashish Chaturmohta of Fortune Equity Broker is of the view that one can go long in Tech Mahindra with a target of Rs 2740.
Ashish Chaturmohta of Fortune Equity Broker is of the view that one can initiate long position in Tech Mahindra as the stock may test Rs 2750.
Mayuresh Joshi, VP- Institution at Angel Broking is of the view that YES Bank, LIC Housing Finance and Infosys are attractive bets.
Vishal Malkan of malkansview.com recommends buying Tech Mahindra on any dips.
Sudarshan Sukhani of s2analytics.com recommends buying TCS and Tech Mahindra at current levels.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Infosys, Tata Consultancy Service and Tech Mahindra.
Hemen Kapadia of KR Choksey Securities is of the view that one can sell Bank of India with a target of Rs 245 and Tech Mahindra with a target of Rs 2270.
Vishal Jajoo, Senior Equity Research Analyst at Nirmal Bang Securities prefers Tech Mahindra.
Hemen Kapadia, VP at KR Choksey Securities is of the view that one may prefer Tech Mahindra on correction.