Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsCanarabank

    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

    Jump to

    • Buy Canara Bank, says Rahul Mohindar

      Rahul Mohindar of viratechindia.com recommends buying Canara Bank as the stock may head towards Rs 440.

    • Buy Ahmednagar Forg, Canara Bank, Thomas Cook: Kant

      Dharmesh Kant of India Nivesh Securities recommends buying Thomas Cook (India) for a price target of Rs 175 and Camson Bio Technologies Limited for a price target of Rs 175.

    • Bull's Eye: Buy Canara Bank, SAIL, Ashok Leyland

      Dharmesh Kant of India Nivesh Securities recommends buying Ahmednagar Forgings for a target price of Rs 430 and Canara Bank for a target price of Rs 420.

    • Buy Ahmednagar Forg, Canara Bank, LIC Housing: Kant

      Dharmesh Kant of India Nivesh Securities recommends buying LIC Housing Finance for a target price of Rs 390 and Capital First for a target price of Rs 360 .

    • Expect upside in Canara Bank: Sudarshan Sukhani

      Sudarshan Sukhani of s2analytics.com is of the view that one may see more upside in Canara Bank.

    • Bull's Eye: Buy Canara Bank, Sintex, SKS, Sharda Cropchem

      Dharmesh Kant, India Nivesh Securities advises buying Ahmednagar Forgings for a target price of Rs 430 and Canara Bank for a target price of Rs 420.

    • Buy Canara Bank; sell Exide Industries: Manas Jaiswal

      Manas Jaiswal of manasjaiswal.com recommends buying Canara Bank and sell Exide Industries.

    • Bull's Eye: Buy Ashok Leyland, Havells India, Thomas Cook

      AK Prabhakar, Independent Advisor advises buying Havells India for a target price of Rs 298 and L&T Finance Holdings for a target price of Rs 75.

    • Buy Cadila Health, Canara Bk, Capital First: Dharmesh Kant

      Dharmesh Kant of India Nivesh Securities is of the view that one can buy Capital First for a target price of Rs 330 and Canara Bank for a target price of Rs 390.

    • Bull's Eye: Buy BHEL, NTPC, REC, Ahmednagar Forgings

      Dharmesh Kant, India Nivesh Securities advises buying Ahmednagar Forgings for a target price of Rs 430 and Cadila Healthcare for a target price of Rs 1,460.

    • Super Six intraday picks for the day

      Vishal Kshatriya of Edelweiss advises buying Bharat Heavy Electricals with a target of Rs 220 and Cadila Healthcare with a target of Rs 1450.

    • Buy Canara Bank: Sudarshan Sukhani

      Sudarshan Sukhani of s2analytics.com recommends buying Canara Bank from the PSU banking space.

    • Super Six stocks you can bet on August 27

      Manav Chopra of Nirmal Bang Securities advises buying Rural Electrification Corporation with a target of Rs 300 and Canara Bank with a target of Rs 440.

    • Super Six: Top chart picks for August 25

      Meghana V Malkan of malkansview.com suggests buying Federal Bank with a target of Rs 127-130 and Adani Enterprises with a target of Rs 535-547.

    • Buy Canara Bank, says Yogesh Mehta

      Yogesh Mehta, associate vice-president- PCG Advisory - Equities at Motilal Oswal is of the view that one can buy Canara Bank.

    • Canara Bank may test Rs 420: Kunal Bothra

      Kunal Bothra, Head of Advisory at LKP is of the view that Canara Bank may test Rs 420.

    • Buy Divis Labs, Canara Bank, Corormandel Intl: AK Prabhakar

      AK Prabhakar, independent advisor is of the view that one can buy Coromandel International with a long term target of Rs 400 and feels that Mirza International may test Rs 40-50.

    • Bull's Eye: Buy FDC, CCL Products, Canara Bank, HCL Info

      Nooresh Mirani of Analyse India advises buying FDC for a target price of Rs 170 and HCL Infosystems for a target price of Rs 95.

    • Super Six stocks you can bet on March 10

      Vishal Kshatriya of Edelweiss suggets buying Bharat Heavy Electricals with a target of Rs 200 and buying Canara Bank with a target of Rs 265.

    • 6 stocks that should do well today

      Vikrant Jadeja of Vibrant Trades suggests buying Canara Bank with a target of Rs 230 and Union Bank of India with a target of Rs 110.

    • Short Canara Bank, says SP Tulsian

      SP Tulsian of sptulsian.com is of the view that one may short Canara Bank with a target of Rs 210.50.

    • Buy Canara Bank, advises Kunal Bothra

      Kunal Bothra of LKP recommends buying Canara Bank as the stock may test Rs 225.

    • Buy Canara Bank on dips, advises Manav Chopra

      Manav Chopra of Nirmal Bang Securities recommends buying Canara Bank on dips as the stock may test Rs 240.

    • Sell Ranbaxy, OBC, Biocon, Canara Bank: Pankaj Jain

      Pankaj Jain of Sunteck Wealthmax suggests selling Canara Bank for a target price of Rs 237 Oriental Bank of Commerce for a target price of Rs 181.

    • Sell Canara Bank, HDIL; buy Tech Mahindra: Rakesh Gandhi

      Independent Technical Analyst Rakesh Gandhi advises selling Canara Bank for a target of Rs 237.5 and HDIL with a stoploss of Rs 48.5.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347