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
Sudarshan Sukhani of s2analytics.com recommends selling Cipla as the stock may fall further.
Sushil Kedia of Dir-Quantitative Strategy, CIMB recommends buying Cipla within the pharma space. "One may see Hindustan Unilever rebounding by 10-15 percent from the current levels," he adds.
Ambareesh Baliga of Edelweiss Financial Services is of the view that Cipla may bounce back over the next few weeks.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Cipla at around Rs 370-390 with a two year time frame.
Pankaj Jain of Sunteck Wealthmax is of the view that Cipla may touch Rs 360-370. "The company is expected to grow at about 15 percent plus on compounding basis," he adds.
According to Gopi Suvanam, Founder of InvestWorks, one may buy Cipla and Sun Pharmaceutical Industries in the pharma space.
Shrikant Chauhan of Kotak Securities advises buying United Spirits with a target of Rs 2850-2900 and Bank of Baroda with a target of Rs 625.
Sudarshan Sukhani of s2analytics.com advises buying Cipla and Hero Motocorp.
Lancelot D Cunha of ITI Wealth Management recommends buying Tata Elxsi with a target of Rs 195.80 and advises selling LIC Housing Finance with a target of Rs 193.50.
Saurabh Mittal of Swadeshi Credits advises buying Voltas with a target price of Rs 78 and Dishman Pharma with a target price of Rs 52.
According to Gopi Suvanam of Investworks, one may pick Cipla.
Sudarshan Sukhani of s2analytics.com recommends buying Cipla as the stock may head higher.
Ashish Chaturmohta of Fortune Equity Broker is of the view that Cipla may touch Rs 462 in the next four-five trading sessions.
According to Sudarshan Sukhani of s2analytics.com, pharma stocks look attractive and advises buying Sun Pharmaceutical Industries, Cipla and Dr Reddys Laboratories.
According to Sudarshan Sukhani of s2analytics.com, one may buy Cipla, Lupin, Sun Pharmaceutical and Dr Reddys Laboratories at current level with a long term view.
Sudarshan Sukhani of s2analytics.com recommends buying Cipla as the stock may move up by another 10 percent.
According to VK Sharma of HDFC Securities, one may buy Cipla 440 Call at around Rs 13 with a stoploss at Rs 9.
Nischal Maheshwari of Edelweiss Financial Services advises to prefer Lupin, Sun Pharmaceutical Industries and Cipla from pharma space.
According to SP Tulsian of sptulsian.com, one can expect an upside of 30 percent in Cipla at Rs 455-460 as the company has been consistently posting good numbers.
Pritesh Mehta of IIFL suggests buying Siemens with a target of Rs 490 and HDFC with a target of Rs 810.
Ashish Chaturmohta of Fortune Equity Brokers recommends going long on HDFC with a target of Rs 810 and Cipla with a target of Rs 450-455. "One may also go long on Aurobindo Pharma with a target of Rs 210 in the next three-five trading sessions," he adds.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Lupin, Cipla and Dr Reddys Laboratories.
Rakesh Gandhi of FRR Shares suggests selling Punjab National Bank with a target of Rs 375 and buying Tech Mahindra with a target of Rs 1475.
Aditya Agarwal of Way2Wealth Securities suggests buying Bharti Airtel with a target of Rs 320 and Arvind with a target of Rs 84.
Rajesh Jain of Religare Securities sugests buying NMDC with a target of Rs 124 and Cipla with a target of Rs 410.