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
VK Sharma of HDFC Securities recommends buying Castrol India 420 Call and Dabur India 290 Call.
CA Rudramurthy BV of Vachana Investments is of the view that one can buy DLF, Sun Pharma and Lupin.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Sun Pharma and sell Hexaware Technologies.
Kunj Bansal of Centrum Wealth Management is of the view that one can buy Sun Pharma and prefers Equitas Holdings.
Ashwani Gujral of ashwanigujral.com recommends buying Sun Pharma and advises selling Just Dial and IOC.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today- SKS Microfinance, Sun Pharma, Orient Cement, Nucleus Software, Nelco, Carborundum Universal, Federal Bank, JSPL, Hexaware Tech, Bharat Forge, Ricoh India, Dewan Housing & Just Dial.
Pankaj Sharma of Equirus Securities is of the view that Cipla is the favourite pick from the pharma space and likes Sun Pharma.
The decision by Taro Pharma, Sun Pharma's Israeli subsidiary, to provide keveyis free of cost to distributors is likely to impact revenues of about USD 25 million, says Praful Bohra, VP Research at Religare.
Gaurav Bissa of LKP Securities is of the view that one can buy Ambuja Cements with a target of Rs 240 and Bata India with a target of Rs 575.
CNBC-TV18's analysts gives stocks to keep on your radar for trade today - stocks expected to be under pressure today are ABB India, IPCA Labs, State Bank of Travancore, Sun Pharma, ITC, Godfrey Phillips and VST Industries while the stocks expected to gain are Indiabulls Housing, Bharti Airtel, Shilcar Tech, Novartis India and Excel Crop Care.
Vijay Chopra of enochventures.com is of the view that one may exit Marksans Pharma.
Rajat Bose of rajatkbose.com is of the view that one can buy Sun Pharmaceutical Industries and Bharat Forge.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer ICICI Bank, Cummins, HCL Technologies, Tech Mahindra and Sun Pharma.
Rahul Shah of Motilal Oswal is of the view that one can buy Sun Pharma 800 Put.
Ajay Bodke of Prabhudas Lilladher has a positive view on Jubilant Life Sciences and Aurobindo Pharma.
In an interview of to CNBC-TV18's Latha Venkatesh and Sonia Shenoy, fundamental analyst, SP Tulsian of sptulsian.com shared his reading and outlook on the market and on various stocks.
Deven Choksey of KRChoksey Invst Managers likes Sun Pharmaceutical Industries, Cipla and Glenmark Pharma from the pharma space.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Sun Pharma, BASF India and Ceat.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell ONGC and Sun Pharma.
Manas Jaiswal of manasjaiswal.com advises selling Cipla with a target of Rs 470.
Parag Thakkar of HDFC Securities recommends buying Tata Motors DVR.
Sudarshan Sukhani of s2analytics.com recommends selling pharma stocks and advises buying Hero Motocorp and Power Grid.
Rajat Bose of rajatkbose.com recommends buying HPCL and advises selling Sun Pharmaceutical Industries.
According to Pankaj Jain of SW Capital, one may prefer Sun Pharma, Kotak Mahindra Bank and Infosys.
Deven Choksey of KRChoksey Investment Managers likes Glenmark Pharma and Sun Pharma.