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
Rahul Mohindar of viratechindia.com is of the view that Bank of India may test Rs 152.
Gaurav Bissa of LKP Securities is of the view that one can buy Canara Bank and Exide Industries.
Kunal Bothra of LKP Securities advises buying Century Textiles and Canara Bank.
Manas Jaiswal of manasjaiswal.com recommends selling Indiabulls Real Estate and Canara Bank.
Gaurav Bissa of LKP Securities is of the view that Canara Bank may head lower and test Rs 310-315.
Sudarshan Sukhani of s2analytics.com recommends buying Glenmark Pharma, Jubilant Foodworks and Jubilant Foodworks.
Sanjay Dutt, director at Quantum Securities is optimistic on PSU banks including Bank of Baroda and Canara Bank.
According to Sudarshan Sukhani of s2analytics.com, one may look at banking stocks including YES Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Punjab National Bank, Bank of Baroda and Canara Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Bank of Baroda and Canara Bank and feels that Kotak Mahindra Bank may head higher.
Sudarshan Sukhani of s2analytics.com is of the view that one may exit Canara Bank.
Sudarshan Sukhani of s2analytics.com recommends shorting Oriental Bank of Commerce, Punjab National Bank (PNB), Dena Bank, Andhra Bank and UCO Bank at the current level.
Sudarshan Sukhani of s2analytics.com is of the view that one may short PNB, Andhra Bank and Dena Bank and feels that one may avoid Canara Bank, Bank of Baroda and State Bank of India.
Gaurav Mehta of Ambit Capital recommends shorting Canara Bank and Infosys.
Hemant Thukral of Aditya Birla Money recommends selling Canara Bank and Arvind on rise.
Sudarshan Sukhani of s2analytics.com recommends selling Bank of India on rally.
Sudarshan Sukhani of s2analytics.com recommends buying Canara Bank.
Here are top 10 stocks to focus on February 27 - GMR Infra, Century Textiles, Bank of Baroda, Punjab National Bank, Bank of India, Canara Bank, IDBI Bank, Rolta, BEL and Tata Power.
Hemant Thukral of Aditya Birla Money recommends shorting Canara Bank.
VK Sharma of HDFC Securities is of the view that one can buy Canara Bank on dips or buy the 450 Call.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer SBI, Canara Bank and Bank of Baroda.
Rajat Bose of rajatkbose.com feels that Canara Bank may touch Rs 458-460.
According to Dilip Bhat of Prabhudas Lilladher, PSU banks still remains the pick of the lot and he feels that there is a good amount of steam still left.
Kunal Saraogi of Equityrush advises buying Canara Bank and Andhra Bank.
According to Sudarshan Sukhani of s2analytics.com, one may prefer Canara Bank.