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
Ashwani Gujral of ashwanigujral.com recommends buying IndusInd Bank, Hindustan Unilever and Sun Pharmaceutical Industries.
According to Sharmila Joshi of sharmilajoshi.com, one may hold Sun Pharma.
Rajat Bose of rajatkbose.com is of the view that one may remain invested in Sun Pharmaceutical Industries.
Morgan Stanley said Tata Motors and Tata Steel should be the biggest positive contributors to Sensex earnings.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9675 and the resistance is at 9816. He has four bullish calls including Bosch, Eicher Motors, L&T and Sun Pharma.
Prakash Gaba of prakashgaba.com is of the view that Sun Pharma looks good for target of Rs 580 and Zee Entertainment for target of Rs 520.
Sudarshan Sukhani of s2analytics.com recommends buying Sun Pharmaceutical Industries and Tata Consultancy Services.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma, Lupin, Asian Paints, Yes Bank, Balrampur Chini and BASF.
Sandeep Wagle of powermywealth.com recommends selling Indiabulls Real Estate and Suven Life Sciences.
In the last nine months to one year time, the pharma stock prices were plummeted by 20-35 percent.
Hemant Thukral of Aditya Birla Money is of the view that one may prefer Dr Roddy’s Laboratories and Sun Pharmaceutical.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 9520-9466 and the resistance is at 9620-9700-9724 and has Mindtree and Sun Pharma as bullish plays while he has Tech Mahindra and UPL as bearish plays.
VK Sharma, Head of Business, Private Client Group at HDFC Securities recommends buying Asian Paints, Mahindra and Mahindra, Sun Pharmaceutical Industries, Kotak Mahindra Bank, Dabur India and HUDCO.
Ashwani Gujral of ashwanigujral.com advises buying Bharat Forge, Colgate Palmolive, Federal Bank and India Cements.
Some quality names in IT and pharma are available at appealing valuations which are attracting smart money into these stocks.
Hemant Thukral of Aditya Birla Money feels that Ujjivan Financial Services may test Rs 320-325.
In an interview to CNBC-TV18, Deven Choksey, MD of KR Choksey Investment Managers shared his views on public sector banks, Reliance Industries Ltd (RIL), IT and pharma.
Sharmila Joshi of sharmilajoshi.com is of the view that one may stay invested in Sun Pharmaceutical Industries.
Sun Pharmaceutical Industries has received a United States Foods and Drug Administration (US-FDA) approval for cholesterol drug Zetia generic that Glenmark Pharma had exclusivity on which they had received all the way back in December but that is not the only story for Sun. this is the second approval that they have received just in the past week from US-FDA.
According to Sudarshan Sukhani of s2analytics.com, one may avoid Delta Corp.
Latest quarterly numbers from Sun Pharma and Tech Mahindra have come as a shocker for investors. Both companies belong to sectors experiencing pain and in the midst of a major overhaul.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motherson Sumi and HDFC and sell Reliance Power, Reliance Infra and Reliance Capital.
Ashwani Gujral of ashwanigujral.com suggests buying Vedanta and Tata Steel.
In an interview to CNBC-TV18, Amey Chalke, Research Analyst at HDFC Securities shared his readings and outlook on a few of the pharma stocks.