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
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank, Natco Pharma, Hindalco Industries and Axis Bank and can sell TCS.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HPCL, Sun TV Network, Tata Consultancy Services and Bata India and can sell Canara Bank.
Shahina Mukadam, Independent Market Expert is of the view that one may exit Granules India on rallies.
The global investment bank remains Overweight (OW) on auto parts and two-wheelers (2Ws) such as Eicher Motors.
Pharma stocks have been buzzing in trade, is there more legs to this rally? In an interview with CNBC-TV18, Deepak Malik, Pharma Analyst at Edelweiss Securities shared his views and readings on the same.
Tata Motors, CESC, IT and Autos, among others, being tracked by investors on Wednesday.
Mitessh Thakkar of miteshthacker.com suggests selling ACC with a stop loss of Rs 1734 for target of Rs 1650 and advises buying Biocon with a stop loss of Rs 412 for target of Rs 445.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Repco Home Finance and buy Gujarat State Fertilizers & Chemicals, Dr Reddy’s Laboratories and Sun TV Network.
Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial Services, State Bank of India and Dr Reddy's Laboratories.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Capital First and LIC Housing Finance and can buy Balkrishna Industries, Hindalco Industries and UltraTech Cement.
Brokerage were mixed on the results, with some of them pinning hopes on approvals. A few also pointed out US business prospects for the firm.
IndiGo, JSW Steel, Dr Reddy’ and Info Edge, among others are on the radar of investors on Wednesday.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Colgate Palmolive, Dr Reddy’s Laboratories, Glenmark Pharma and Grasim Industries and can sell Pidilite Industries.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities suggests buying Tata Global Beverage, Hero MotoCorp, Adani Ports, Dr Reddy's Laboratories and Jain Irrigation Systems.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Enterprises, Aurobindo Pharma and Jubilant Foodworks and can short NMDC and DCB Bank.
The top loser in Nifty50 Index were Indiabulls Housing Finance followed by Bajaj Finance and State Bank of India while the stocks that hit new 52-week low on the Nifty were Amara Raja Batteries, Wockhardt and Reliance Communications.
The pharma major Dr Reddys Laboratories (DRL) has launched kidney disease drug Renvela generic in the US market. How big an opportunity can this be for DRL and what does it do to Aurobindo Pharma. In an interview to CNBC-TV18, Amey Chalke of HDFC Securities shared his views and readings on the same.
Coal India, Titan and GAIL, among others, are on the radar of investors on Tuesday.
Ashwani Gujral of ashwanigujral.com advises buying IGL, Manpasand Beverages and Dr Reddy's Laboratories.
Ashwani Gujral of ashwanigujral.com feels that Dr Reddy's Laboratories maybe you can get still Rs 2,600-2,650.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Divis Laboratories and Bharat Electronics.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may sell UltraTech Cement and Pidilite Industries.
Pharma stocks have been on an upward trend. In an interview to CNBC-TV18, Deepak Malik, Pharma Analyst of Edelweiss Securities discussed what is happening in the sector.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Torrent Pharma and Tata Consultancy Services and can sell Zee Entertainment Enterprises.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Special Economic Zone, National Aluminium Company, Dr Reddy's Laboratories and Gujarat State Petronet Limited and can sell Jet Airways and Mahindra & Mahindra.