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
Sudarshan Sukhani of s2analytics.com recommends buying Glenmark Pharma as the stock is on the verge of a breakout to new highs.
Sharmila Joshi of Peerless Securities advised buying IRB Infrastructure with a target price of Rs 103 and Polaris with a target price of Rs 116.
Hemant Thukral of Aditya Birla Money recommends going long on Bata India with a stoploss of Rs 860 and target of Rs 910.
Here are the four stocks brokerages recommend trading on, namely Titan, Glenmark, Ultratech and Rel Comm.
SP Tulsian of sptulsian.com advises to prefer Glenmark Pharma, Aurobindo Pharma or Cipla over Ranbaxy Labs.
Prashant Nair of Citi India told CNBC-TV18 that the pharma sector's valuations in current market downturn situation has held up well. He presents his views on buzzing stocks from the sector.
SP Tulsian of sptulsian.com is positive on Adani Power, Mahindra Satyam and Glenmark Pharma. He recommends buying these stocks.
SP Tulsian of sptulsian.com advised buying Adani Power with a target price of Rs 55 and Mahindra Satyam with a target price of Rs 116.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Apollo Hospitals Enterprises on dips. “After the up move Glenmark Pharma went into a small decline and that small decline was a technical flag, which is broken out of the upside and the up move should resume, â€he adds.
Saurabh Mittal of Swadeshi Capital recommends selling Aurobindo Pharma with target of Rs 173 and buy Glenmark Pharma with a target of Rs 575.
One can see higher levels in Glenmark Pharma, says Sudarshan Sukhani of s2analytics.com. He advised buying the stock.
SP Tulsian of sptulsian.com advised buying HDIL with a target price of Rs 50 and selling Dena Bank with a target price of Rs 84.
SP Tulsian of sptulsian.com advises to buy Indiabulls Real Estate for a price target of Rs 81.
One can buy Glenmark Pharma, says Sudarshan Sukhani of s2analytics.com. Its charts are excellent and it is making new highs, he adds.
According to Sudarshan Sukhani of s2analytics.com Glenmark Pharma can touch Rs 700 in the next two years or more.
Rajen Shah of Angel Broking said he would buy Glenmark. According to him, the stock may rise 15 percent.
In CNBC-TV18's popular show Bull's Eye, Prakash Diwan of Prakash Diwan's Wealth Circle shares his trading strategies for the day.
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.
Jagannadham Thununguntla, Strategist & Head of Research, SMC Global Securities Limited is of the view that one can hold Glenmark Pharma with a target of Rs 585.
PN Vijay, Portfolio Manager of askpnvijay.com advised buying Glenmark on all declines. He sees the stock touching Rs 600 in the next three-four months.
One should buy Glenmark Pharma and hold it for few weeks, says Sudarshan Sukhani of s2analytics.com.
SP Tulsian of sptulsian.com said he would go long in Sintex Industries and Glenmark.
Sudarshan Sukhani of s2analytics.com advises to buy Glenmark Pharma at current levels.
Jagannadham Thununguntla, Strategist & Head of Research, SMC Global Securities Limited is of the view that Glenmark Pharma will continue to be a decent performer.
Phani Sekhar, Fund Manager, Angel Broking is of the view that one can hold Glenmark Pharma with a target of Rs 600 over the next 12-15 months time frame.