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
Here are top 10 stocks to focus on December 12 - Federal Bank, JSW Energy, BEL, IDFC, Bharti Airtel, OnMobile Global, WPIL, IL&FS Engineering, Ceat and Wipro.
Kunal Saraogi of Equityrush recommends selling Wipro and Tech Mahindra.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one may go long in Wipro.
P Phani Sekhar of Angel Broking is of the view that Infosys and Wipro are the top picks.
According to Gaurav Bissa, Derivatives Analyst at LKP Securities, one may buy Infosys for long term.
Pritesh Mehta, senior technical analyst at IIFL is of the view that Wipro may test Rs 600.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Wipro from the IT space.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer IT stocks including HCL Technologies, Tech Mahindra, TCS and Mindtree.
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.
Siddarth Bhamre of Angel Broking is of the view that one may avoid midcap space.
Sudarshan Sukhani of s2analytics.com recommends holding Wipro.
Siddharth Bhamre of Angel Broking advises going long in Wipro with a stoploss of Rs 545-544.
According to Ajay Bodke of Prabhudas Lilladher, Infosys is a top buy.
P Phani Sekhar, Fund Manager, PMS at Angel Broking is of the view that one may prefer Divis Labs, Wipro, Hindustan Media Ventures, Indiabulls Housing Finance and LIC Housing Finance.
Amit Harchekar – chief technical strategist at A PLUS Analytics recommends going long in Wipro with a target of Rs 655-660.
Dilip Bhat of Prabhudas Lilladher is of the view that one can add IT stocks in the portfolio.
Phani Sekhar of Angel Broking recommends accumulating frontline IT stocks like Wipro and Infosys.
Parag Thakkar of HDFC Securities is positive on Wipro.
Sagar Rastogi of Ambit Capital believes companies with large amounts of cash like Tata Consultancy Services (TCS) and Infosys will be looking out for such deals.
VK Sharma of HDFC Securities recommends buying Wipro 580 Call and Hexaware Technologies 165 Call.
According to Sudarshan Sukhani of s2analytics.com, one may buy Wipro.
Siddharth Bhamre Head - Investment Advisory and Derivatives at Angel Broking is of the view that one may go long in HCL Tech and Wipro. "One may buy NTPC at around Rs 135-137," he adds.
Jitendra Panda of Peerless Securities recommends buying Wipro with a target of Rs 590.
According to Atul Suri, trader at Rare Enterprises, IT space is going to be an outperformer.