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
Cipla, Indian Oil, and Britannia, among others are on the radar of analysts today.
Rajesh Agarwal of AUM Capital is of the view that one may hold Cipla.
Rajat Bose of rajatkbose.com advises buying Cipla at around Rs 400.
Individual news flow along with negative outlook for the sector by Credit Suisse hit the sector. Frontline stocks tank, pulling down the markets further.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Just Dial and Cipla.
Chandan Taparia of Motilal Oswal Securities recommends buying ITC, Petronet LNG and Cipla and suggests selling BPCL.
Jay Thakkar of Sharekhan advises buying Bliss GVS Pharma with a target of Rs 187.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Cipla and buy Mangalore Refineries & Petrochemicals.
Sudarshan Sukhani of s2analytics.com suggests selling Kaveri Seed Company, Colgate Palmolive (India) and Cipla and advises buying Mahindra and Mahindra and DCB Bank.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9340 and resistance at 9500 while Bank Nifty has support at 22500 and resistance at 22850.
According to Prakash Gaba of prakashgaba.com, Cipla may test Rs 576 while Rallis India may hit Rs 260.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys, Tata Consultancy Services, HCL Technologies and IRB Infrastructure and can sell Cipla.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Colgate Palmolive, Coffee Day, MMTC and Rolta India and sell Cipla.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Shipping Corporation of India and sell Cipla.
Sandeep Wagle of powermywealth.com is of the view that one can buy M&M Financial Services and sell Cipla while he feels that Reliance Industries may test Rs 2200 in 12-15 months.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Canara Bank, Indraprastha Gas and Power Grid and sell Bharat Financial Inclusion and Cipla.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Engineers India and sell Cipla.
From Cipla to Yes Bank and Power Grid, a look at what brokerages are talking about these stocks.
According to Gaurang Shah of Geojit Financial Services, one may prefer Cipla and Aurobindo Pharma.
JPMorgan believes that Cipla has the right moving parts in the earnings growth story, but will likely be moderate in the near term. The research firm has a neutral call on the stock with a target price of Rs 575.
Morgan Stanley has initiated coverage on the stock with an outperform rating and forecasts 30 percent free cash flow CAGR in FY17-19.
Mitessh Thakkar of miteshthacker.com suggests buying Ceat, Cipla, Siemens, Ajanta Pharma and Ipca Labs.
In an interview to CNBC-TV18's Prashant Nair and Sumaira Abidi, Rahul Arora, CEO at Nirmal Bang Institutional Equities shared his readings and outlook on market and specific stocks.
Easing regulatory concerns and actions by the US Food and Drug Administration (FDA) will help the sector and improve investor sentiment, Deutsche Bank said in a report.
Sandeep Wagle of powermywealth.com suggests buying Adani Ports and Arvind and advises selling Cipla.