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 Sudarshan Sukhani of s2analytics.com, one can short Idea Cellular.
Kunal Saraogi of Equityrush is of the view that one may pick Idea Cellular close to Rs 135-136.
Watch the interview of Kunal Saraogi of Equityrush who shared his readings and outlook on specific stocks and sector & Gajendra Kothari of Etica Wealth Management answered few personal finance queries.
Here are top 10 stocks to keep an eye on December 10 - HPCL, Eicher Motor, Bharti Airtel, Idea Cellular, Spicejet, PFC, REC, HOEC, JSW Steel and SKS Micro.
Here are top 10 stocks to keep an eye on December 9 - Idea Cellular, Opto Circuits, Karnataka Bank, Sun Pharma, Ranbaxy, Spicejet, OnMobile Global, Bajaj Finserv, Max India and Cadila Health.
Here are top 10 stocks to focus on November 28 - HPCL, Asian Paints, SKS Micro, Bharti Airtel, Idea, Future Retail, Essar Oil, Astrazeneca, DLF and Just Dial.
Meghna V Malkan of malkansview.com is of the view that one can buy JSW Energy for a target price of Rs 88 and Idea Cellular for a target price of Rs 179.
Parag Thakkar of HDFC Securities is of the view that one may prefer Cyient, Mindtree, AB Nuvo, TCS and Tech Mahindra.
Pankaj Jain of Sunteck Wealthmax advises buying SpiceJet with a target price of Rs 17.65 and Man Industries with a target price of Rs 87.50.
Chandan Taparia of Anand Rathi Securities recommends buying Idea Cellular 175 Call.
Sudarshan Sukhani of s2analytics.com recommends selling Godrej Industries and advises buying Hexaware Technologies and Idea Cellular.
Vishal Kshatriya of Edelweiss advises buying Idea Cellular with a target of Rs 180 and Punjab National Bank with a target of Rs 1040.
Siddarth Bhamre Head - Investment Advisory and Derivatives at Angel Broking is of the view that one can buy Bharti Airtel on dips.
Sudarshan Sukhani of s2analytics.com recommends buying Idea Cellular.
According to Harendra Kumar of Elara Capital, one may stick to Bharti Airtel over Idea Cellular.
Sanjeev Prasad of Kotak Institutional Equities prefers Idea Cellular over Bharti Airtel.
Dipan Mehta Member of BSE & NSE has a bullish stance on NBFC sector.
Sanjeev Agarwal, CEO at Dynamix Research & Capital Management is of the view that one may exit Idea Cellular at around Rs 170-175.
Akshata Deshmukh of Networth Capital recommends buying TVS Motor Company for a target price of Rs 232 and Gujarat State Petronet for a target price of Rs 93.50.
Akshata Deshmukh of Networth Stock Broking recommends buying Oracle Financial Services Software for a target price of Rs 3,350 and Idea Cellular for a target price of Rs 154.
Manas Jaiswal of manasjaiswal.com recommends selling Aurobindo Pharma and Indea Cellular and advises buying Hindustan Petroleum Corporation.
Devang Mehta, Vice President - Equity Sales at Anand Rathi Financial Services prefers Idea Cellular.
Yogesh Mehta of Motilal Oswal is of the view that one can buy Idea Cellular and Exide Industries.
Manas Jaiswal of manasjaiswal.com recommends buying Idea Cellular as the stock may test Rs 179 in next one to two trading sessions.
Bhavesh Gandhi of IIFL recommends entering Idea Cellular at current levels.