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
Meghana V Malkan of malkansview.com advises buying Glenmark Pharma with a target of Rs 1085.
According to Hemant Thukral of Aditya Birla Money, Wockhardt is a good traders pick and feels that it may test Rs 1550.
Sudarshan Sukhani of s2analytics.com is of the view that pharmaceutical is an opportunity.
Manish Sharma of Destimoney Securities advises selling Bharat Electronics with a target of Rs 3150.
According to R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher, HDFC Bank and Infosys are the top picks and likes State Bank of India, ICICI Bank, Larsen & Toubro, Maruti Suzuki India, Tata Motors, IndusInd Bank and Indian Oil Corporation.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - UPL, Rallis India, Glenmark Pharmaceutical, Torrent Pharmaceutical, Suven Life Sciences, Jindal Steel and Power Limited (JSPL), Uttam Galva, Bhushan Steel, Shree Pushkar Chemicals & Fertilisers & Pennar Engineered Building Systems.
Manav Chopra of Networth Stock Broking recommends buying Glenmark Pharma for a target of Rs 1120.
The pharma sector has seen the biggest correction over the past one month. The index itself has seen a 5 percent fall from the top. Abhishek Sharma, a pharma analyst at IIFL, gave his views on Dr Reddy's, Glenmark, Cipla and Sun Pharma.
Sharmila Joshi, Market Expert advises buying KS Micro with a target of Rs 450.
Prakash Diwan of Altamount Capital Management is of the view that Glenmark Pharma is one of the top picks.
CA Rudramurthy BV of Vachana Investments advises buying UFO Moviez India with a target of Rs 640.
R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher likes Glenmark Pharma, Mindtree, Persistent Systems, Jubilant Lifesciences and JK Lakshmi Cement from the midcap space.
Sudarshan Sukhani of s2analytics.com recommends buying Glenmark Pharma as the stock could embark on a new upmove.
Dharmesh Kant of India Nivesh Securities is of the view that one may buy LIC Housing Finance with a target of Rs 490.
Sudarshan Sukhani of s2analytics.com is of the view that pharmaceutical is a buying opportunity.
Rajat Bose of rajatkbose.com is of the view that Glenmark Pharma is a strong counter as the stock can head higher and test Rs 1253.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Lupin and Glenmark Pharma on dips.
Anmol Ganjoo of JM Financial likes Divis Laboratories and Torrent Pharma from the pharma space.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Sun Pharma, Rel Comm, Bharti Airtel, Glenmark Pharma, Jaypee Infra, AurionPro Solutions & Majesco.
Sudip Bandopadhyay of Destimoney Securities is of the view that Glenmark Pharma is the top pick and likes Ipca Labs and Indoco Remedies.
Yogesh Mehta of Motilal Oswal recommends buying Tata Consultancy Services and Glenmark Pharma.
Chandan Taparia of Anand Rathi Securities recommends buying Glenmark Pharma for a target of Rs 1200.
Pashupati Advani of Globalforay is of the view that one may prefer IT and pharma space.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have – DLF, Glenmark Pharma, India Bull Hsg, JSPL, Sun Pharma, Canara Bank, Bank Of India, Union Bank, Bank Of Baroda & NTPC.
VK Sharma of HDFC Securities recommends buying Glenmark Pharma 1060 Call. "I suggest a bull spread in Britannia Industries wherin one can buy 3,400 Call and sell 3500 call.