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
Phani Sekhar, Fund Manager--PMS at Karvy Stock Broking has a positive view on largecap pharma space.
Ashish Chaturmohta of Fortune Group recommends buying HDFC, SKS Microfinance, Dr Reddy's Labs and Lupin.
Watch the interview of Sameet Chavan of Angel Broking who shared his readings and outlook on specific stocks and sector & Kalpesh Ashar of Full Circle Financial Planners & Advisors answered few personal finance queries.
According to Sameet Chavan of Angel Broking, one may buy Sun Pharmaceutical Industries and Dr Reddy's Laboratories on dips.
Ashish Chaturmohta of Fortune Group recommends going long in Dr Reddy's Laboratories for a target of Rs 3700.
Ashish Chaturmohta of Fortune Eqity Broker recommends buying Lupin, Dr Reddy's Labs and BPCL.
Sharmila Joshi of sharmilajoshi.com recommends picking L&T, BHEL, ICICI Bank, HDFC Bank, Sun Pharma and Dr Reddy's Labs.
Sudarshan Sukhani of s2analytics.com recommends exiting Natco Pharma and advises buying Glenmark Pharma, Dr Reddy's Laboratories and Sun Pharma at lower levels.
Pritesh Mehta of IIFL advises buying Dr Reddy's Laboratories.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may prefer Infosys, HCL Technologies and Tata Consultancy Services from IT space.
Sudarshan Sukhani of s2analytics.com is of the view that Wockhardt is in a downtrend and looks weak.
R Sreesankar, Head-Institutional Equities at Prabhudas Lilladher is of the view that Glenmark Pharma, Dr Reddy's Laboratories and Aurobindo Pharma are the top picks from the pharma space.
Phani Sekhar of Karvy Stock Broking feels that FMCG and pharma space continue to outperform.
Manish Hathiramani of Deen Dayal Investments advises buying Dr Reddys Laboratories.
Sudarshan Sukhani of s2analytics.com recommends buying Dr Reddy's Labs and Adani Enterprises and advises selling Exide Industries.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today - Videocon, Jubilant Industries, Dr Reddy's Laboratories, Phoenix Mills, Motherson Sumi, Gujarat Gas, Union Bank & Hero MotoCorp.
Sudarshan Sukhani of s2analytics.com recommends selling Dr Reddy's Laboratories and HDFC and advises buying Aditya Birla Nuvo.
Sudarshan Sukhani of s2analytics.com recommends selling Dr Reddys Laboratories as the stock may head lower.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Lupin.
According to Ajay Bagga, Market Expert, one may look at pharma space.
Mithil Pradhan of Violet Arc Global Managers is of the view that Cipla and Sun Pharma may head lower.
Dipan Mehta, Member at BSE & NSE is overweight in pharma sector and feels that it is good to invest in the space.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid the pharma space as it may witness deeper correction.
Ajay Srivastava, CEO at Dimensions Consulting is of the view that one may prefer pharma and telecom stocks as they are going to give the best returns in the next three to five years.
Sandeep Shenoy of Pioneer Investcorp is of the view that one may look at healthcare space.