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
Rajat Bose of rajatkbose.com recommends selling Bank of Baroda and Allahabad Bank and feels that Cipla may hit Rs 542.
Parag Thakkar, Head of Sales at HDFC Securities is of the view that Lupin and Cipla remains top picks from the pharma space.
Gaurav Bissa of LKP Securities recommends buying United Breweries and advises shorting Cipla.
Rakesh Bansal of RK Global is of the view that one may buy Infosys with target of Rs 1235.
Manas Jaiswal of manasjaiswal.com advises buying Infosys with a target of Rs 1195.
Prakash Gaba of prakashgaba.com likes Reliance Industries for target of Rs 1080 and feels that Titan Company may test Rs 377.
Jai Bala of Cashthechaos.com is of the view that Cipla is the top bet from the pharma space.
Rajat Bose of rajatkbose.com recommends selling Dabur India and Adani Ports.
Rajat Bose of rajatkbose.com recommends selling Cipla and feels that Glenmark Pharma looks weak.
Rajat Bose of rajatkbose.com recommends shorting Cipla.
Niraj Dalal, Independent Market Expert is of the view that one can buy Cipla at around Rs 600-650.
According to Rahul Mohindar of viratechindia.com, one may enter Cipla at these levels.
Manas Jaiswal of manasjaiswal.com is of the view that one may buy Britannia Industries with a target of Rs 3050.
Siddarth Bhamre of Angel Broking advises going long in Cipla.
Bhavin Desai of Motilal Oswal Securities is of the view that Cipla may test Rs 620 and Just Dial may test Rs 800.
Parag Thakkar of HDFC Securities recommends buying Pidilite Industries on dips and is bullish on Kotak Mahindra Bank.
Sudip Bandopadhyay, Market Expert is of the view that one can look at midcap IT, pharma and cement stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy pharma stocks on dips for long term.
Rahul Mohindar of viratechindia.com recommends shorting Reliance Industries and buying Cipla while he feels that Ajanta Pharma may test Rs 1100.
Ashish Kyal of wavesstrategy.com advises buying Asian Paints.
Rahul Mohindar of viratechindia.com likes Cipla with a target of Rs 670-675.
Rahul Mohindar of viratechindia.com is of the view that Cipla may test Rs 670-675 in the short term.
CA Rudramurthy BV of Vachana Investments feels that Cipla may move to Rs 660-670.
According to Hemant Thukral of Aditya Birla Money, Cipla is looking weak and it may slip to Rs 585-590.
Sameet Chavan of Angel Broking advises buying State Bank of India with a target of Rs 258.