Moneycontrol PRO
Loans
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
  • Bull's Eye: Sell Titan, JSW Steel; buy Ceat, Canara Bank

    Nooresh Merani of AMSEC Research advised selling Titan Industries for a target price of Rs 250 and buying United Phosphorous for a target price of Rs 135.

  • Exit Canara Bank: Prakash Diwan

    Exit Canara Bank: Prakash Diwan

    According to Prakash Diwan of Altamount Capital Management, one may exit Canara Bank and advises buying ICICI Bank if one is to remain within the banking space.

  • Buy Titan Ind, Arvind; sell Canara Bank, HPCL: Mukadam

    Buy Titan Ind, Arvind; sell Canara Bank, HPCL: Mukadam

    Shahina Mukadam of Varun Capital recommends buying Titan Industries with a target of Rs 297 and advises selling Canara Bank.

  • Bull's Eye: Buy Biocon, Titan, Dabur; short Canara Bank

    Bull's Eye: Buy Biocon, Titan, Dabur; short Canara Bank

    Nooresh Merani of AMSEC Research advised buying Dabur India with a target price of Rs 166 and Tech Mahindra with a target price of Rs 1300.

  • 6 trading stocks for short term gain

    6 trading stocks for short term gain

    Yesterday Canara Bank witnessed good buying interest from lower levels and oscillators are showing positive crossover on the daily chart. This stock can test Rs 290 in next two-three trading sessions. One can buy the stock at current levels with a stop loss of Rs 260, says Manas Jaiswal of manasjaiswal.com.

  • Short Canara Bank, says Sudarshan Sukhani

    Short Canara Bank, says Sudarshan Sukhani

    According to Sudarshan Sukhani, s2analytics.com one may sell Canara Bank.

  • Short Canara Bank, Union Bank: Sukhani

    Short Canara Bank, Union Bank: Sukhani

    Sudarshan Sukhani of s2analytics.com is of the view that one can short Canara Bank and Union Bank.

  • Buy Bharti Airtel, sell Canara Bank: Sudarshan Sukhani

    Buy Bharti Airtel, sell Canara Bank: Sudarshan Sukhani

    Sudarshan Sukhani of s2analytics.com advises to buy Bharti Airtel and sell Canara Bank.

  • Buy Canara Bank, TV18 Broadcast, Rel Comm: Lancelot D Cunha

    Buy Canara Bank, TV18 Broadcast, Rel Comm: Lancelot D Cunha

    Lancelot D Cunha of Sharyans Wealth Management recommends buying Peninsula Land with a target of Rs 45.90 and stop loss of Rs 40.30 and also advises to buy Canara Bank with a target of Rs 392.

  • Bull's Eye: Go long on JM Financial, IRB Infra, YES Bank

    Bull's Eye: Go long on JM Financial, IRB Infra, YES Bank

    Aashish Tater of Fortunewizard.com advised going long on JM Financial with a target price of Rs 29 and going short on HDIL with a target price of Rs 39.5.

  • Short UCO Bank & Canara Bank: Sudarshan Sukhani

    Short UCO Bank & Canara Bank: Sudarshan Sukhani

    Sudarshan Sukhani of s2analytics.com stated that PSU Banks offer selling opportunities, two banks are UCO Bank as well as Canara Bank, both on the short side.

  • Canara Bank, UCO Bank may rally: Sudarshan Sukhani

    Canara Bank, UCO Bank may rally: Sudarshan Sukhani

    Sudarshan Sukhani of s2analytics.com expects Canara Bank and UCO Bank to rally.

  • Bet on ICICI, UB, India Cements, Dish TV: Experts

    Bet on ICICI, UB, India Cements, Dish TV: Experts

    According to SP Tulsian of sptulsian.com, United Breweries ruling at Rs 670 looks a good buy because the stock has seen a good amount of corrections having taken place in this last 2-3 days.

  • Buy Aurobindo Pharma, Bata, sell Canara Bank: Parag Doctor

    Buy Aurobindo Pharma, Bata, sell Canara Bank: Parag Doctor

    Parag Doctor of Keynote Capital recommends buying Aurobindo Pharma, Bata India, while keeps sell rating on Canara Bank and Indiabulls Real Estate.

  • Short Canara Bank; may slip to Rs 380: Kulkarni

    Short Canara Bank; may slip to Rs 380: Kulkarni

    Shardul Kulkarni of Angel Broking feels that Canara Bank is one of the shorting candidate. The stock is expected to decline towards Rs 380-375 mark. One can keep a stop loss of Rs 420, he said.

  • Buy Canara Bank; short Tata Steel: SP Tulsian

    Buy Canara Bank; short Tata Steel: SP Tulsian

    SP Tulsian of sptulsian.com advises to buy Canara Bank and short Tata Steel at current levels.

  • Buy Havells, Canara Bank, Jindal Stainless: Saurabh Mittal

    Buy Havells, Canara Bank, Jindal Stainless: Saurabh Mittal

    Saurabh Mittal of Swadeshi Capital suggests buying Havells India with a price target of Rs 740 and Canara Bank with a target price of Rs 449.

  • Bull's Eye: Buy HDIL, Canara Bank, Tech Mahindra, Bata

    Bull's Eye: Buy HDIL, Canara Bank, Tech Mahindra, Bata

    SP Tulsian of sptulsian.com advised buying Pidilite Industries with a target price of Rs 303 while Saurabh Mittal of Swadeshi Capital says one can buy Havells India with a target price of Rs 740.

  • Buy Canara Bank, target of Rs 450: Monal Desai

    Buy Canara Bank, target of Rs 450: Monal Desai

    Monal Desai of Sunidhi Securities advises to buy Canara Bank for a target of Rs 450. "Keep a stoploss at Rs 420 on the stock, " he adds.

  • Short Canara Bank, says Shardul Kulkarni

    Short Canara Bank, says Shardul Kulkarni

    Shardul Kulkarni of Angel Broking is of the view that, Canara Bank is looking good to short at current levels. The stock may decline towards the level of Rs 390-385.

  • OBC, Canara Bank, SBI may see upmove: Sukhani

    OBC, Canara Bank, SBI may see upmove: Sukhani

    Sudarshan Sukhani of s2analytics.com feels that Oriental Bank of Commerce, Canara Bank, State Bank of India may see upmove.

  • Sell Canara Bank, Reliance Comm, Reliance Power: Doctor

    Sell Canara Bank, Reliance Comm, Reliance Power: Doctor

    Parag Doctor of Keynote Capital is bearish on Canara Bank, Reliance Comm, Reliance Power and has recommended sell rating on the stocks. However, he remains bullish on Jubilant Foodworks.

  • Bull's eye: Buy RCF, Rolta; sell Reliance Power, REC

    Bull's eye: Buy RCF, Rolta; sell Reliance Power, REC

    SP Tulsian, sptulsian.com recommends to sell Adani Enterprises, Reliance Power and United Phosphorous, while suggest to buy RCF.

  • Short JSW Steel, JSPL, SAIL: Tulsian

    Short JSW Steel, JSPL, SAIL: Tulsian

    According to SP Tulsian of sptulsian.com one can short the metal stocks like JSW Steel, Jindal Steel and Power (JSPL), Tata Steel and Steel Authority of India.

  • Short HDFC: Sudarshan Sukhani

    Short HDFC: Sudarshan Sukhani

    HDFC has clearly become a short selling candidate because the highs that it made on the back of news have not been sustained and that is fairly bearish, says Sudarshan Sukhani of s2analytics.com.

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