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
One can buy Dr Reddys Laboratories and if it crosses Friday‘s highs then go long in it, says Sudarshan Sukhani of s2analytics.com.
The Call and Put writing both that has brought down the volatility and this is where there maybe some consolidation left in the market till expiry.
Ashish Chaturmohta of Fortune Equity Brokers is of the view that Dr Reddys Laboratories can cross Rs 2100 and can see a move towards Rs 2150 in this settlement.
Bino Pathiparampil of IIFL Capital told CNBC-TV18 that there has been a major rally in the sector over the last couple of years. Thus, many of the stocks went up 20 percent in the last couple of months itself.
Sudarshan Sukhani of s2analytics.com feels Dr Reddys Laboratories is heading for deep correction. "It has broken down from a clear trading range on the downside," he reasoned.
Aashish Tater, Head of Research, Fortunewizard.com is of the view that Lupin, Sun Pharmaceutical Industries and Dr Reddys Laboratories are safe bets. "We are still making a positive view for Lupin. It is just that the technical snapshot suggests that there has been some gap around Rs 766 and Rs 804 zone, he added.
Aashish Tater, Head of Research, Fortunewizard.com feels that there is lot of money that can be made in Sun Pharma Advance Research Company.
One can hold Dr Reddys Laboratories, says Prakash Diwan, Chief Portfolio Strategist of Prakash Diwan's Wealth Circle, ECR.
VK Sharma of HDFC Securities said one could consider buying Dr Reddys Labs 2000 Call, with a stop loss of Rs 40.
Sudarshan Sukhani of s2analytics.com is of the view that, one should buy Dr Reddys Laboratories.
Dr Reddys Labs may see 5-7% upside, says Vishal B Malkan, malkansview.com.
On CNBC-TV18's show Super Six, market gurus Rajesh Jain, Religare Securities, Vikrant Jadeja, vibranttrades.com and Vishal Malkan, malkansview.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Buying opportunities is seen in HPCL and Dr Reddys Labs at current levels, says Sudarshan Sukhani, s2analytics.com.
Manoj Murlidharan, IIFL advises to buy Dr Reddys Labs around Rs 1900 with a stop loss of Rs 1884.
Sudarshan Sukhani of s2analytics.com is upbeat on Dr Reddys Lab.
In an interview to CNBC-TV18, portfolio manager PN Vijay spoke about various stocks, sector and all that is making news in the market right now.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Hemant Thukral, Aditya Birla Money give top pick for the day.
Ranbaxy Labs and Dr Reddy Labs are good bets in pharma space, says Amisha Vora, Prabhudas Lilladher.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, manasjaiswal.com, Manav Chopra, Nirmal Bang and Rakesh Gandhi, FRR share, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Sudarshan Sukhani, s2analytics.com advises to switch from Shasun Pharmaceuticals to Dr Reddy and Cipla.
Sudarshan Sukhani, s2analytics.com is upbeat on Cipla and Dr Reddys Labs.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Sudarshan Sukhani, s2analytics.com is of the view that HUL, Dr Reddys Laboratories likely to outperform.
One can take positional trade in Dr Reddys Laboratories. It is also a trade that one wants to do intraday for the day because any small move in the Nifty could see big gains in this one, says Sudarshan Sukhani of s2analytics.com.
Short Dr Reddys Laboratories, says Sudarshan Sukhani of s2analytics.com.