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
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one may go long in Glenmark Futures for target of Rs 1,000.
Anish Damania, CEO of IDFC Securities is bullish on the midcap pharma names.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Larsen and Toubro (L&T) with a target of Rs 1435.
Siddarth Bhamre of Angel Broking recommends buying HUL and prefers Lupin and Glenmark Pharma.
SP Tulsian of sptulsian.com has a bullish view on pharma, auto, auto ancillaries and the housing finance space.
Vishal Malkan of malkansview.com is of the view that one may prefer Glenmark Pharma and Aurobindo Pharma.
Rajat Bose of rajatkbose.com is of the view that one may look at Glenmark Pharma.
R Sreesankar of Prabhudas Lilladher is of the view that one may pick Glenmark Pharma.
SP Tulsian of sptulsian.com is of the view that one can buy Glenmark Pharma and feels that one may enter Lupin on correction to about Rs 1850.
According to Gaurang Shah of Geojit BNP Paribas Financial Services, one may prefer Glenmark Pharma and Syngene.
Siddarth Bhamre of Angel Broking feels that Glenmark Pharma may test Rs 1120.
Amit Harchekar of A Plus Analytics recommends shorting Glenmark Pharma with a target of Rs 970 in the near term.
Rajat Bose of rajatkbose.com advises buying Glenmark Pharma, Ipca Labs and CESC.
Vishal Malkan of malkansview.com recommends buying Tata Chemicals and Glenmark Pharma.
Prakash Diwan of Altamount Capital Management is of the view that one may buy pharma stocks on corrections.
Gaurav Ratnaparkhi of Sharekhan recommends buying Mercator, Mahindra & Mahindra Financial Services, Ceat and Glenmark Pharma.
Ajay Bodke of Prabhudas Lilladher is of the view that Jubilant Life Sciences may test Rs 578 and expects upside in Glenmark Pharma.
CA Rudramurthy BV of Vachana Investments is of the view that Glenmark Pharma may test Rs 1090.
Manas Jaiswal of manasjaiswal.com advises buying Gail India with a target of Rs 325.
Vishal Malkan of malkansview.com is of the view that one may pick Glenmark Pharma and Aurobindo Pharma from the pharma space.
Sudarshan Sukhani of s2analytics.com recommends buying Reliance Industries, Wipro, Jubilant Life Sciences and Glenmark Pharma.
Gaurav Bissa of LKP Securities recommends buying Glenmark Pharma and Tata Communications and advises selling Adani Ports.
Hemen Kapadia of KRChoksey Securities is of the view that one may buy Canara Bank with a target of Rs 287.
CA Rudramurthy BV of Vachana Investments advises buying Ramco Industries with a target of Rs 119.
Dharmesh Kant of India Nivesh Securities advises buying Canara Bank with a target of Rs 310.