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 feels Idea is still a trade on the long side. Idea is the most likely one for a big upmove, he adds.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Idea Cellular.
Parag Doctor of Keynote Capital has recommended buy rating on Chambal Fertilisers, Dabur India, Idea Cellular and Titan Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Voltas. It has gone through a deep correction, followed by a short-covering rally and that rally seems to be fizzling out again, he adds.
Shardul Kulkarni of Angel Broking recommends to buy Tech Mahindra and Apollo Tyres. One can buy Tech Mahindra above the levels of Rs 995, place a stop loss at Rs 970 and trade bullish for a target of Rs 1050 over the next six-eight trading sessions.
SP Tulsian of sptulsian.com recommends to buy Zee News, La Opala RG, DB Realty and advices to sell Dena Bank.
SP Tulsian of sptulsian.com is of the view that one can short Idea Cellular with a target of Rs 130.
Gautam Sinha Roy of Motilal Oswal Securities likes Idea Cellular within telecom space. He advised accumulating Dabur if the stock corrects below Rs 150.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi of Peerless Securities shares her trading strategies for the day.
Sudarshan Sukhani of s2analytics.com advised buying Idea Cellular on dips. At 11:51 hours IST, the stock was quoting at Rs 135.70, up 2.34 percent. It has touched a 52-week high of Rs 136.90.
Gautam Chhaochharia, Head of Mid-Cap Research, UBS India is positive on the telecom space.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Sudarshan Sukhani, s2analytics.com advises to buy Bharti Airtel on dips.
According to Prakash Diwan, Chief Portfolio Strategist of Prakash Diwan's Wealth Circle, for the time being Rs 130-135 could be a top for Idea Cellular. He advised booking profits at these levels.
Idea Cellular is looking good in telecom space so one can buy the stock on dips, says Shardul Kulkarni of Angel Broking.
Parag Doctor, Head - Trading Strategies, Keynote Capital's Ltd is of the view that one can prefer Idea Cellular for long term. “We expect in the medium-term the stock to head to Rs 140 or even higher maybe to Rs 150,†he added.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, Fortunewizard.com shares his trading strategies for the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bharti Airtel and Idea Cellular are good bets in telecom space, says Girish Nadkarni of Avendus Capital.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, fortunewizard.com shares trading strategy of the day.
In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Peerless Securities shares trading strategy of the day.
Idea Cellular may slip further, says Sudarshan Sukhani of s2analytics.com.
One can buy Idea Cellular, says Sudarshan Sukhani of s2analytics.com.
In CNBC-TV18's popular show Bull's Eye, Parag Doctor, Keynote Capital shares trading strategy of the day.
One can buy Idea Cellular on dips, says Sudarshan Sukhani of s2analytics.com.