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
Here's a list of top 10 stocks that are in news today due to fourth quarter earnings, entry into F&O segment and merger deals.
Anish Damania, Head-Institutional Equities at IDFC Securities is of the view that one may prefer Infosys, Tech Mahindra, HPCL, IOC, Sun Pharma, Cipla and Strides Arcolab.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy pharma stocks as the uptrend may resume.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Lupin.
Mithil Pradhan of Violet Arc Global Managers is of the view that Cipla and Sun Pharma may head lower.
Prakash Diwan of Altamount Capital Management is of the view that one may buy Cipla and Sun Pharma at lower levels.
Gaurav Mehta, VP-Institutional Equities at Ambit Capital is of the view that Cipla may test Rs 650-660.
Kunal Saraogi of Equityrush recommends picking Lupin and Cipla.
Here are top 10 stocks to focus on April 10 - Hero MotoCorp, Axis Bank, Bharti Airtel, Idea Cellular, Biocon, Cipla, SBI, Hindalco, IDFC and Max India.
Kunal Bothra of LKP Securities recommends buying Cipla with a target of Rs 780-820.
Pritesh Mehta of IIFL recommends buying Cipla with a target of Rs 760.
Sameet Chavan of Angel Broking recommends buying Cipla with a target of Rs 752.
Sudarshan Sukhani of s2analytics.com recommends going long in Sun Pharma and prefers Havells India.
Sudarshan Sukhani of s2analytics.com recommends buying Cipla as the stock may breakout on the upside.
Sudarshan Sukhani of s2analytics.com recommends selling Indraprastha Gas and Bharat Heavy Electricals and advises buying Cipla.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dr Reddy‘s Laboratories.
VK Sharma of HDFC Securities is of the view that one can buy Cipla 720 Call and Century Textiles and Industries 580 Call.
Ashish Chaturmohta of Fortune Equity Broker recommends going long in UPL with a target of Rs 465-470 and Cipla with a target of Rs 770.
Sudarshan Sukhani of s2analytics.com recommends buying Cipla as the stock may break on the upside.
Ashish Chaturmohta of Fortune Group recommends going long in Cipla with a target of Rs 770-780.
Vishal Malkan of malkansview.com is of the view that one may exit Biocon.
Deven Choksey of KR Choksey Shares And Securities is of the view that one may look at pharma stocks.
Rahul Mohindar of viratechindia.com recommends buying Cipla as the stock may move towards Rs 780-775.
Sudarshan Sukhani of s2analytics.com recommends buying Cipla on dips as the stock may resume its uptrend.
Rahul Mohindar of viratechindia.com is of the view that one may see 5-6 percent upside in Cipla and Dr Reddy's Labs.