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 opinion that one may buy Wipro as the stock has been in an uptrend and is going higher.
Sudarshan Sukhani of s2analytics.com says buy HCL Techologies, Infosys and Wipro.
Sudarshan Sukhani of s2analytics.com feels HCL Technologies and Wipro are both buying opportunities while Tata Consultancy Services (TCS) and Infosys suggest a sense of uncertainty.
Sudarshan Sukhani of s2analytics.com feels HCL Technologies and Wipro could move up.
One may sell Hindustan Construction Company and buy Wipro, Tata Consultency Services (TCS) & ICICI Bank, says Sudarshan Sukhani of s2analytics.com.
One may buy Wipro as it has the best options for seeing some kind of a rally among the IT stocks, says Sudarshan Sukhani of s2analytics.com.
One can buy Wipro and Mahindra Satyam, says Sudarshan Sukhani of s2analytics.com. "IT is likely to outperform and actually go up even if the Nifty goes down," he adds.
One may buy Wipro, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Wipro on dip. "It is willing to go higher," he adds.
Surendra Goyal of Citi India says HCL Tech has been our top pick in the sector for the last three years or so. On TCS we have a neutral right now.
Vishal Malkan of malkansview.com recommended a sell on ICICI Bank with a stop loss of Rs 1135 and for target of Rs 1115-1100.
Sudarshan Sukhani of s2analytics.com said he would be a buyer in Wipro. He expects big upmove in the stock.
Sudarshan Sukhani of s2analytics.com feels TCS, Wipro and Infosys are good buying opportunities.
Gautam Sinha Roy of Motilal Oswal Securities advised investors to stick to Idea Cellular and Oil India as both of these stocks are very high quality stocks where he sees secular growth drivers.
Sudarshan Sukhani of s2analytics.com says traders should consider going long on Wipro as he feels the stock will give a breakout.
Sudarshan Sukhani of s2analytics.com is of the view that Wipro is a disappointing chart. It can slip to fresh lows, so one can short it.
Sudarshan Sukhani of s2analytics.com is of the view that one can continue to hold Wipro.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Jindal Steel & Power. This stock keeps going down. It rallied and fell into the first wall of resistance at Rs 340. From there it started coming down and today it is breaking intraday support levels, he adds.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Wipro. He sees more upside in the stock.
Vishal B Malkan, malkansview.com advises to short TCS, Wipro and HCL Tech on every rise.
Infosys may see further downside from current levels, says Siddharth Bhamre of Angel Broking.
Wipro may slip 6-8% from current levels, says Shardul Kulkarni of Angel Broking.
Regan Homavazir, Associate VP-Technical Research of Darashaw advised staying with Wipro. However, HCL Tech is a sell.
Sudarshan Sukhani of s2analytics.com is of the view that one can stay away from Wipro.
Jitendra Sriram, MD & Head of Research, HSBC India would be optimistic on Wipro from hereon.