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 is of the view that one may buy Bharti Airtel and avoid Idea Cellular.
According to Sameet Chavan of Angel Broking, one may stay invested in Idea Cellular.
SP Tulsian of sptulsian.com positive on Idea Cellular and Bharti Airtel.
Abhishek Gupta, Telecom Analyst at IDFC Securities says telecos revenues could fall in range from 2-3 percent to 15-20 percent, depending on the area due to call drop compensation.
Chandan Taparia of Anand Rathi Financial Services recommends selling Ambuja Cements with a target of Rs 185.
JK Jain of Karvy Stock Broking is of the view that one may short Idea Cellular as the stock may slip to Rs 129.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Idea Cellular on small rally and expects lower levels in the stock.
Krish Subramanyam of Altamount Capital is of the view that one may buy Inox Leisure with a target of Rs 240.
Hemen Kapadia of KR Choksey Securities is of the view that one may buy Larsen and Toubro (L&T) with a target of Rs 1511.
Dipan Mehta, Member at BSE & NSE has a negative view on the telecom industry.
SP Tulsian of SPTulsian.com is of the view that one can go long in Idea Cellular and Bharti Airtel at the current level.
Talking on the impact of penalty on stocks like Bharti Airtel, Idea, GV Giri of IIFL says the market is overreacting to the news. The penalty as such does not seem to be as punitive as the fall in stock price
Nooresh Merani of Analyse India is of the view that one may hold Idea Cellular.
Jai Bala of 1857 Advisors has a positive view on Idea Cellular and Reliance Communications.
According to Sudarshan Sukhani of s2analytics.com, one may short Idea Cellular.
Sudarshan Sukhani of s2analytics.com recommends buying Indiabulls Housing Finance and Apollo Tyres and advises selling Idea Cellular.
Shahina Mukadam, Market Expert advises holding Idea Cellular.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Idea Cellular, Bharti Airtel, Hindustan Zinc, ABG Shipyard, Indiabulls Housing Finance, Vedanta, Steel Authority of India (SAIL), Tata Steel, Navkar Corp, IL&FS Transportation Networks Limited (ITNL).
Sahil Kapoor of Edelweiss Financial Services recommends shorting Idea Cellular for a target of Rs 141.
Mithil Pradhan of Violet Arc Global Managers is of the view that Idea Cellular is a good shorting stock with a traget of Rs 133.
Jai Bala of 1857 Advisors has a positive view on the telecom space and feels that one can look at Bharti Airtel and Idea Cellular.
Gaurav Bissa of LKP Securities is of the view that one can go long in Idea Cellular 155 Put as the stock can fall to Rs 140-145.
Sudarshan Sukhani of s2analytics.com is upbeat on Bharti Airtel and recommends buying Bharti Airtel and Idea Cellular.
Jay Thakkar of ShareKhan is of the view that one may buy Tata Chemicals with a target of Rs 488.
TS Harihar of HRBV Client Solutions recommends buying Bharti Airtel 420 Put and Idea Cellular 170 call.