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 Vayalar, IIFL is of the view that Biocon can touch Rs 286.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, manasjaiswal.com, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, vibranttrades.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Weak corporate earnings pushed stock market into the red for the seventh session in a row. Indices ended at their lowest level so far this year the Nifty slipped 35 points, Sensex dropped 95 points on Friday.
Short Biocon, says Sudarshan Sukhani of s2analytics.com. It has completed its bull market and now it has made a fairly bearish pattern and this bearish pattern will breakdown.
On CNBC-TV18's show Super Six, market gurus Manav Chopra of Nirmal Bang, Rajesh Jain of Religare Sec and Rakesh Gandhi of FRR shares, 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 Vikrant Jadeja of Vibranttrades.com, Shardul Kulkarni of Angel Broking and Rajesh Jain of Religare Sec, place their bets on two stocks each, thus offering investors a variety of options to choose from.
See upside in Biocon, says Sudarshan Sukhani of s2analytics.com. It has done the right things from Rs 200 to Rs 300. Then it went through a small correction and that correction seems to be getting over.
Manoj Murlidharan Vayalar, IIFL PReMIA is upbeat on JP Associates, GMR Infra and Biocon and expects stocks are likely to see good upmove.
Concentrating on the pharma space, Bino Pathiparampil of IIFL Capital told CNBC-TV18 the success of Biocon‘s oral insulin product deal would be a positive for the company. He also has a buy on Dr Reddy‘s and believes it should give a 25 percent plus upside in the next one year.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com tells he is positive on most Mumbai-based realty stocks. He says he has a positive stance on HDIL, DB Realty, Ajmera, Orbit Corporation.
Short Biocon, says Sudarshan Sukhani of s2analytics.com.
Sell Biocon, says Sudarshan Sukhani of s2analytics.com. We have seen a bearish head and shoulder pattern, getting confirmed, which tells us that it‘s not just a small correction probably a steep correction is in the offing. So for a short-term trader a steep correction is a good opportunity to take money on the short side.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.
Biocon is likely to outperform, says Sudarshan Sukhani of s2analytics.com. It has been an excellent stock and willing to make new highs again.
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.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Sanjeev Agarwal of Dynamix Research & Capital Management and Manav Chopra of Nirmal Bang, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Buy Biocon, says Sudarshan Sukhani of s2analytics.com. The stock went down, corrected, made a base and rallied. This is exactly what a good stock should do. It continues the rally.
Buy Bharti Airtel, says Sudarshan Sukhani of s2analytics.com.
On CNBC-TV18's show Super Six, market gurus Vishal Kshatriya of Edelweiss, Arunesh Madan of Augment Investment and Rakesh Gandhi of LKP, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Rahul Mohindar of viratechindia.com expects 30-40% rally in Biocon, as over the last one or two weeks the stock has been strong and looking good from an investment angle.
Buy Biocon, says Amit Gupta of ICICI Direct. If somebody is buying the stock then can look for a target of Rs 265. On the downside the immediate support lies around Rs 238 for the stock.
CESC has target of Rs 360-370, says Sudarshan Sukhani of s2analytics.com. It is now a buying opportunity for day traders and anyone wanting to take a position should get a little easy, take a stoploss and expect Rs 350-360 on it.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Biocon. It has completed a bear market and rallied from Rs 190-200 and that rally seems to be consistent. It is already 20% up and anything that is 20% up deserves attention.
Biocon has target of Rs 260, says Sudarshan Sukhani of s2analytics.com.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst at manasjaiswal.com, Rajesh Jain, EVP Retail Research at Religare Sec and Rakesh Gandhi, Sr Technical Analyst at LKP, place their bets on two stocks each, thus offering investors a variety of options to choose from.