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
In the last nine months to one year time, the pharma stock prices were plummeted by 20-35 percent.
Mitessh Thakkar of mitesshthakkar.com advises selling Biocon and Voltas.
Ashwani Gujral of ashwanigujral.com advises selling Cipla and Biocon.
Ashwani Gujral of ashwanigujral.com suggests buying Biocon, Berger Paints and Kolte-Patil Developers.
Rahul Shah, Associate VP of Motilal Oswal is of the view that one may short Biocon and buy Dewan Housing Finance and JSW Steel.
Krish Subramanyam of Altamount Capital is of the view that one can buy Biocon 940 Call and sell 1000 Call.
According to Rajat Bose of rajatkbose.com, one can buy Biocon and Cummins India.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Century Textiles and Biocon and buy GAIL India.
Sandeep Wagle of powermywealth.com recommends selling Union Bank of India and Biocon.
Ashwani Gujral of ashwanigujral.com suggests buying Granules India, Biocon and Petronet LNG.
According to Mitessh Thakkar of mitesshthakkar.com, one can sell Capital First, Aurobindo Pharma and Biocon and can buy Bharti Infratel and MRF.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Power, GSFC and Indiabulls Housing Finance and can sell Biocon.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy SREI Infrastructure Finance, Escorts and Indiabulls Real Estate and can sell Biocon and Strides Shasun.
Here is a list of top five stocks to buy based on technical factors in the short term.
Rajat Bose of rajatlbose.com recommends buying Biocon and Ashok Leyland.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Jet Airways and Reliance Communications and buy IIFL Holdings.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Adani Power and buy JM Financial and Motilal Oswal.
In an interview to CNBC-TV18's Sonia Shenoy and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.
In an interview to CNBC-TV18 Deven Choksey, MD, KRChoksey Investment Managers shared his reading and outlook on the market.
Ashwani Gujral of ashwanigujral.com suggests buying SRF, Can Fin Homes and PVR and expects level of Rs 1000 in Tata Sponge.
Rajat Bose of rajatkbose.com is of the view that one can buy Biocon and Shriram Transport Finance and sell State Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying DLF, Reliance Infrastructure and Reliance Capital.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Industries on every dip and feels that Indiaabulls Housing Finance may head higher.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Biocon and buy Ashok Leyland.