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
Manoj Murlidharan of Religare Securities recommends buying Tech Mahindra current month futures with a target of Rs 586.
Siddarth Bhamre of Angel Broking expects Tech Mahindra to hit Rs 576 and likes TCS and Wipro.
Sacchitanand Uttekar of Motilal Oswal Financial Services is of the view that one can go long in Wipro with a target of Rs 600.
Aditya Agarwal of Way2Wealth Securities is of the view that one may sell Wipro with a target of Rs 565.
Mehraboon Irani of Nirmal Bang Securities prefers TCS over Infosys and Wipro.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer TCS, Wipro and Infosys.
Sudarshan Sukhani of s2analytics.com recommends buying Reliance Industries, Wipro, Jubilant Life Sciences and Glenmark Pharma.
Shubham Agarwal of Motilal Oswal Securities recommends buying Wipro for a target of Rs 670.
Siddarth Bhamre of Angel Broking recomennds buying Wipro and Infosys.
Amit Gupta of ICICIdirect feels that Apollo Hospitals Enterprises may move to Rs 1480-1490.
Aditya Agarwal of Way2Wealth Securities is of the view that one may sell ICICI Bank with a target of Rs 265.
Manish Hathiramani of Deen Dayal Investments recommends buying Bharat Petroleum Corporation, Wipro and YES Bank.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Bharti Infratel, Punj Lloyd, Gail, Astec Life, Godrej, Escorts, Tech Mahindra, TCS, Infosys and Wipro.
Rahul Mohindar of viratechindia.com is of the view that one can buy Cipla, Wipro and Infosys and likes Punjab National Bank and Bank of Baroda from the banking space.
Siddarth Bhamre, Head Equity Derivatives at Angel Broking is of the view that Infosys, TCS and Wipro are good picks.
Gaurav Bissa of LKP Securities is of the view that one may buy Titan Company with a target of Rs 355.
Gaurav Bissa of LKP Securities recommends buying Wipro and United Breweries.
Pashupati Advani of Globalforay is of the view that one may prefer IT and pharma space.
Manas Jaiswal of manasjaiswal.com suggests selling Hindalco Industries with a target of Rs 90.
Rahul Mohindar of viratechindia.com recommends buying Oil & Gas Natural Corporation, Karnataka Bank and Wipro.
Manoj Murlidharan of Religare Securities recommends buying Wipro and Hexaware Technologies.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may hold Wipro.
Rajat Bose of rajatkbose.com recommends buying Wipro and feels that the stock can re-test March high of Rs 670-680.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that HCL Tech top bet from IT space.
Gaurav Bissa of LKP Securities recommends going long in Wipro futures with a target of Rs 585.