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
According to Prakash Gaba of prakashgaba.com, the larger trend for Nifty is still intact, however some slide is not rule out and there exists a strong support at 9968.
is of the view that one can buy Havells India and sell Dr Reddy's Laboratories.
Ashwani Gujral of ashwanigujral.com recommends buying IRB Infrastructure Developers, Engineers India, Repco Home Finance and PVR.
Prakash Gaba of prakashgaba.com is of the view that Dr Reddy's Labs can slide to Rs 2425.
Say headwinds in US hit financials, highlight further risks in terms of remediation delays at its plants.
ITC, ICICI Bank, Dr Reddy’s Labs and ONGC, among others, are on the radar of investors on Friday.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Britannia Industries and sell UltraTech Cement and Jubilant Foodworks.
Mitessh Thakkar of miteshthacker.com advises buying Punjab National Bank and Dr Reddy's Labs.
Morgan Stanley said Tata Motors and Tata Steel should be the biggest positive contributors to Sensex earnings.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy BEML, Dr Reddy's Laboratories, Kajaria Ceramics and Power Grid Corporation of India and can sell PVR.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy Dr Reddy’s Labs and sell Pidilite Industries.
Ashish Kyal of Waves Strategy Advisors suggests buying BPCL with a target of Rs 690 and Mindtree with a target of Rs 570.
In an interview to CNBC-TV18, Rahul Arora, CEO at Nirmal Bang Institutional Equities shared his readings and outlook on the market and specific stocks and sectors.
ITC, Wipro, TCS and Titan, among others are being tracked by analysts on Tuesday.
Mitessh Thakkar of miteshthacker.com suggests buying Dr Reddy's Labs and Britannia Industries.
Hemant Thukral of Aditya Birla Money is of the view that one may prefer Dr Roddy’s Laboratories and Sun Pharmaceutical.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Punjab National Bank and can buy Aurobindo Pharma, Dr Reddy's Laboratories and Prabhat Dairy.
Most experts have a target of 32,000 – 33,000 on the S&P BSE Sensex which translates into an upside of about 5 percent. Investors will be better off staying with stocks which can outperform markets by a wide margin.
Formulations plant of Dr Reddy's Laboratories at Srikakulam gets inspected and gets 1 observation from United States Foods and Drug Authority (US-FDA). The plant was inspected with zero observations last time.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian ofsptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
According to Prakash Gaba of prakashgaba.com, one may remain invested in Dr Reddy's Laboratories.
CLSA has maintained its buy call on Dr Reddy's, with a target price of Rs 3,280. It feels biosimilars will drive scale-up in emerging markets.
Mitessh Thakkar of mitesshthakkar.com suggests buying Dr Reddy's Laboratories and selling Exide Industries.
Cite positive news on the regulatory front, but pain for Duvvada plant may remain, they say.
Rajat Bose of rajatkbose.com advises selling Hindustan Petroleum Corporation and suggests buying Aurobindo Pharma, Dr Reddy's Laboratories.