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
Manav Chopra of Networth Stock Broking suggests buying Castrol India with a target of Rs 490.
Ashish Chaturmohta of Fortune Group is of the view that one cango long in Strides Arcolab as the stock may test Rs 1,360-1,370 in next two to three weeks.
Krish Subramanyam of Altamount Capital advises buying Orchid Chemicals with a target of Rs 67.
According to Amit Gupta of ICICIdirect, Strides Arcolab may rise by Rs 140-150 in couple of series.
Vishal Malkan of malkansview.com recommends buying Strides Arcolab with a target of Rs 1250 and Oriental Bank of Commerce with a target of Rs 189.
According to Shahina Mukadam, Market Expert, one may buy Sun Pharma Advanced Research Company (SPARC) with a target of Rs 440.
Sudarshan Sukhani of s2analytics.com recommends buying Coal India, LIC Housing Finance and Strides Arcolab.
According to Rajat Bose of rajatkbose.com, Strides Arcolab has some headroom left and it can move to Rs 1215.
Hemen Kapadia of KR Choksey Securities is of the view that one may buy Strides Arcolab on dips.
Watch the interview of Hemen Kapadia of KR Choksey Securities who shared his readings and outlook on specific stocks and sector & Feroze Azeez of Anand Rathi Financial Svcs answered few personal finance queries.
Ashish Chaturmohta of Fortune Group is of the view that Strides Arcolab may hit Rs 1220.
Deepak Shenoy of capitalmind.in is of the view that one can purchase Sun Pharmaceutical Industries at the current level.
Manish Hathiramani of Deen Dayal Investments recommends buying Bharat Petroleum Corporation, Adani Enterprises and Strides Arcolab.
Manas Jaiswal of manasjaiswal.com is of the view that Strides Arcolab may test Rs 1280.
According to Sameet Chavan of Angel Broking, Strides Arcolab may test Rs 1285-1290 if it moves above Rs 1250.
CNBC-TV18‘s Varinder Bansal gives a check on the best & worst performing stocks in this last one year of Modi government.
Sudarshan Sukhani of s2analytics.com is of the view that Strides Arcolab may head higher.
Dipan Mehta, Member at BSE & NSE is of the view that one may look at Strides Arcolab.
Sudarshan Sukhani of s2analytics.com is of the view that Strides Arcolab may hit Rs 1200.
Market Expert, Anand Tandon is of the view that one may hold Lupin with long term view.
According to Hemant Thukral of Aditya Birla Money, Strides Arcolab may touch Rs 1135-1140.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Strides Arcolab, Tata Steel, Jubilant Foodworks, Pc Jeweller, Subex, Bank of Maharashtra, Amtek Auto, Kokuyo Camlin & Nectar Life.
Manoj Murlidharan of Religare Securities recommends selling Divis Laboratories and Strides Arcolab.
Anish Damania, Head-Institutional Equities at IDFC Securities is of the view that one may prefer Infosys, Tech Mahindra, HPCL, IOC, Sun Pharma, Cipla and Strides Arcolab.
Deepak Shenoy of Capital Mind is of the view that one may prefer Strides Arcolab and Sun Pharma.