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
Godrej Properties, Torrent Pharma, Hindalco and Titan, among others, on the radar of investors on Monday.
The deal marks the fifth acquisition for Torrent. In 2014, Torrent had acquired a set of Elder brands. In the past few years it has acquired manufacturing plants from ZygPharma and Glochem industries and few brands from Novartis.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying Century Textiles, Mahanagar Gas, NCC, Torrent Pharma and Tata Chemicals.
Sandeep Wagle of powermywealth.com recommends buying Torrent Pharma and Just Dial.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell ICICI Bank, Jet Airways and DLF and advises buying Ajanta Pharma and Torrent Pharma.
Mitessh Thakkar of miteshthacker.com suggests buying NIIT Technologies and Torrent Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Torrent Pharma and Tata Consultancy Services and can sell Zee Entertainment Enterprises.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell GSFC, Jet Airways and ACC and buy NIIT Technologies and South Indian Bank.
Jay Thakkar of Anand Rathi Securities advises buying Mahanagar Gas with a target of Rs 1157.
Mitessh Thakkar of miteshhthakkar.com is of the view that one can buy Asian Paints, Petronet LNG and Tech Mahindra and sell Torrent Pharma.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bata India, Tech Mahindra and ACC and sell Bank of India and Torrent Pharma.
Ashwani Gujral of ashwanigujral.com recommends selling Torrent Pharma, Just Dial and Oriental Bank of Commerce and buy JM Financial and Thomas Cook.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy TVS Motor and Century Textiles and sell Torrent Pharma.
Tech Mahindra, UPL and Hexaware, among others, are being tracked by investors on Tuesday.
Sandeep Wagle of powermywealth.com suggests booking profit in Suzlon Energy and Torrent Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance and Torrent Pharma and can sell Shriram Transport.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is at 9600 and the resistance is at 9720 while Bank Nifty has support at 23350 and resistance at 23650.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Arvind and Torrent Pharmaceuticals and can buy Larsen & Toubro, Asian Paints and Hero MotoCorp.
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.
Mitessh Thakkar of mitesshthakkar.com suggests selling Jubilant Food, Torrent Pharma and CCL products and advises buying Anant Raj Industries.
Sudarshan Sukhani of s2analytics.com recommends selling Torrent Pharma, IGL and Bank of Baroda.
Sudarshan Sukhani of s2analytics.com suggests selling IndusInd Bank, Torrent Pharmaceuticals and Coal India and advises buying Adani Ports and Special Economic Zone and Escorts.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Indo Count Industries, IDFC, JSW Energy and Syndicate Bank and can sell Torrent Pharma.
From Cipla to Yes Bank and Power Grid, a look at what brokerages are talking about these stocks.
Top four stocks to buy from IIFL Wealth & Asset Management based on various technical parameters.