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    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

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    • Buy YES Bank, Canara Bank, Union Bank: Kunal Bothra

      According to Kunal Bothra of LKP, one may buy YES Bank with a target of Rs 350 and Canara Bank with a target of Rs 246.

    • Bull's Eye: Buy YES Bank, Reliance Power, Sun TV, IDFC

      Nooresh Mirani of AMSEC Research advises buying United Phosphorous with a target price of Rs 160 and Divis Labs with a target price of Rs 1,090.

    • Buy Canara Bank, GSPL, REC, Jain Irrigation: Meghana Malkan

      Meghana Malkan of malkansview.com recommends buying Canara Bank with a target of Rs 237 and a stoploss at Rs 231 and Gujarat State Petronet (GSPL) with a target of Rs 56 and a stoploss at Rs 52.5.

    • Bull's Eye: Buy TVS Motor, Tata Global, REC, Canara Bank

      Sharmila Joshi of Peerless Securities advises buying Ipca Laboratories with a target price of Rs 734 and PVR with a target price of Rs 513.

    • Stay invested in Canara Bank: SP Tulsian

      SP Tulsian of sptulsian.com is of the view that one should stay invested in Canara Bank with a long term view. “The stock can test Rs 325-330,” he adds.

    • Buy Syndicate Bank, Canara Bank, ICICI Bank: Vayalar

      Manoj Muralidharan Vayalar of IIFL is of the view that one may buy Syndicate Bank, Canara Bank, ICICI Bank and Kotak Mahindra Bank. "One may also buy Indian Hotels and Exide Industries," he adds.

    • Bull's Eye: Sell Financial Tech, Canara Bank; buy Hexaware

      Saurabh Mittal of Swadeshi Credits advises selling Financial Technologies with a target price of Rs 155 and buying Shipping Corporation of India with a target price of Rs 36.

    • Exit Canara Bank, says Pankaj Jain

      According to Pankaj Jain, Director of Sunteck Wealthmax Capital, one may exit Canara Bank.

    • Sell Canara Bank: Rajesh Agarwal

      Rajesh Agarwal, Head of Research of Eastern Financiers is of the view that one may sell Canara Bank.

    • Bull's Eye: Buy Canara Bank, Jubilant Foodworks, Sesa Goa

      Saurabh Mittal of Swadeshi Credits recommends buying Motherson Sumi with a target price of Rs 237 and Canara Bank with a target price of Rs 232.

    • Buy Tech Mahindra, Canara Bank, Balrampur Chini: Diwan

      According to Prakash Diwan of Altamount Capital Management, one may go long on Tech Mahindra with a target of Rs 1325 and Canara Bank with a target of Rs 234.

    • Bull's Eye: Buy Lupin, Tech Mahindra, Shree Renuka, GMR

      Vishal Malkan of malkansview.com recommends buying Tech Mahindra with a target price of Rs 1325 and Shree Renuka Sugars with a target price of Rs 20.50.

    • Canara Bank may hit Rs 236-240: Hemant Thukral

      Hemant Thukral of Aditya Birla Money is of the view that Canara Bank may hit target of Rs 236-240.

    • Pick Canara Bank close to Rs 230-235: Kunal Bothra

      Kunal Bothra of LKP is of the view that one may pick Canara Bank close to Rs 230-235 with a stoploss at Rs 210.

    • Check out Super Six stocks for September 06

      Manas Jaiswal of manasjaiwal.com advised buying United Spirits with a stoploss at Rs 24.15 and for a target price of Rs 25.25. Buy IDFC with a stoploss at Rs 83 and for a target price of Rs 90

    • Buy Canara Bank, Allahabad Bank; sell Sun TV: Mukadam

      Shahina Mukadam of Varun Capital recommends buying Canara Bank and suggests buying Allahabad Bank with a target of Rs 71.50.

    • Bull's Eye: Buy Reliance Power, Titan, LIC Housing, Ipca

      Lancelot D Cunha, CEO of Sharyans Wealth Management Private Limited advised buying Ipca Labs with a target price of Rs 721 and LIC Housing Finance with a target price of Rs 164.

    • Buy Vijaya Bank, Canara Bank; sell Financial Tech: Tater

      According to Aashish Tater of Fortunewizard.com, one may go long on Polaris Financial Technology with a target of Rs 111 and buy Vijaya Bank.

    • Bull's Eye: Buy Hexaware, YES Bank; short Financial Tech

      Aashish Tater of Fortunewizard.com advised buying Polaris with a target price of Rs 111 and Vijaya Bank with a target price of Rs 38.

    • Buy PFC, TV18 Broadcast, Canara Bank: Diwan

      Prakash Diwan of Altamount Capital Management recommends going long on Power Finance Corporation (PFC) with a target of Rs 119.90 and Shriram Transport Finance Corporation with a target of Rs 572.40.

    • Bull's Eye: Buy SAIL, Canara Bank, HDIL, Shriram Transport

      Vishal Malkan of malkansview.com advised buying Bank of India with a target price of Rs 154 and HDIL with a target price of Rs 34.

    • SBI top pick among PSU banks: Religare

      State Bank of India (SBI) is the top pick among PSU banks, says Siddharth Teli of Religare Capital Markets. "The bank is borrower in the wholesale market. So that is a positive. SBI remains our preferred pick within the space," he adds.

    • SBI, Allahabad Bank, Yes Bank may rise 5-10%: SP Tulsian

      SP Tulsian of sptulsian.com feels that SBI, Allahabad Bank, Punjab National Bank, Yes Bank and UCO Bank may rise 5-10% on the back of policy changes for booking the mark-to-market losses.

    • Canara Bank may test Rs 245-250: SP Tulsian

      According to SP Tulsian of sptulsian.com Canara Bank may touch Rs 245-250.

    • Canara Bank may test Rs 210: Sudarshan Sukhani

      Sudarshan Sukhani of s2analytics.com is of the view that Canara Bank may touch Rs 210 as it has a very weak chart.

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