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
SP Tulsian, sptulsian.com advises to prefer Infosys over Wipro. "So maybe the preference in the May series will go on Infosys at a price of about Rs 2,250 for long, but not Wipro,"he added.
Sudarshan Sukhani, s2analytics.com advises to avoid Wipro at current levels.
SP Tulsian of sptulsian.com is of the view that Wipro may correct to Rs 330.
Sanjeev Prasad, Executive Director and Company Head at Kotak Institutional Equities says he continues to be negative on Wipro. “We continue to have a reduce rating on the stock.â€
Bhavin Shah of Equirus Securities feels Wipro may see 4-5 percent upside over 12 months..
Parag Doctor, Head - Trading Strategies, Keynote Capital's is of the view that one should exit Wipro on rally and can enter at lower level around Rs 340-350.
Aniruddha Mehta, Research Analyst, IIFL advises to buy Wipro at current levels.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, Fortunewizard.com shares trading strategy of 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.
Sandeep Muthangi, Vice President - Research, IIFL Institutional Equities advises to prefer Wipro and HCL Tech over Infosys.
SP Tulsian, sptulsian.com advises to short Wipro around Rs 393.
Phani Sekhar, Angel Broking advises investors to buy Wipro on 5-10 percent decline.
Sudarshan Sukhani, s2analytics.com advises to buy Wipro on corrections.
Yogesh Radke, Head-Quantative Research, Edelweiss Securities feels that post demerger the interest among the investors would be in the Wipro and we may see upward movement in the counter.
Monal Desai, Sunidhi Securities is of the opinion that Wipro has target of Rs 420.
Parag Doctor, Head - Trading Strategies, Keynote Capital's is of the view that traders can buy Wipro with a target of Rs 440-450.
One can buy Wipro, says Sudarshan Sukhani of s2analytics.com.
Anil Manghnani of Modern Shares & Stock Brokers feels Wipro has the potential to go back and retest its recent high of Rs 456 and maybe even higher to Rs 475.
One can buy Wipro, says Sudarshan Sukhani of s2analytics.com.
On CNBC-TV18's show Super Six, market gurus Vikrant Jadeja, vibranttrades.com, Manas Jaiswal, manasjaiswal.com and Shardul Kulkarni, Angel Broking, place their bets on two stocks each, thus offering investors a variety of options to choose from.
On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, vibrantrades.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
SP Tulsian, sptulsian.com advises traders to book profit in TCS, Infosys, HCL Tech and Wipro.
According to Amit Gupta, Head-Derivatives of ICICI Direct, Rs 440 will remain an immediate support for Wipro. He feels if market sees some profit booking then I do not expect that kind of fall in Wipro from current levels.
Aashish Tater, head of research at Fortunewizard.com feels Wipro is definitely a portfolio bet from longer term perspective.
See higher levels in Wipro, says Sudarshan Sukhani of s2analytics.com.