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
Siddharth Bhamre of Angel Broking is of the view that one can go long in Canara Bank with a target of Rs 451.
Sudarshan Sukhani, s2analytics.com is of the view that prefer BoB, Canara Bank, UCO Bank to IOB.
Go long on Allahabad Bank, UCO Bank and Canara Bank, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com is of the view that buy Allahabad Bank, Canara Bank at current level.
Sudarshan Sukhani, s2analytics.com advice traders to prefers PSU banks like IOB, Vijaya Bank and Canara Bank.
Prefer Canara Bank, Bank of Baroda over private banks, says Sudarshan Sukhani, s2analytics.com.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Sudarshan Sukhani, s2analytics.com is of the view that one can buy SBI with a target of Rs 1970 while sell Canara Bank with a downside target of Rs 325.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Sudarshan Sukhani, s2analytics.com advice traders to short ICICI Bank and Canara Bank at current levels.
Canara Bank may break Rs 370 level, says Sudarshan Sukhani of s2analytics.com.
Sell Canara Bank Futures at around Rs 442, says VK Sharma, HDFC Securities.
Canara Bank may slip to Rs 458, says Amit Gupta, ICICI Direct.
Expect 15% upside in Canara Bank, says Sudarshan Sukhani of s2analytics.com.
Short Reliance Power and Reliance Capital at current level, says Sudarshan Sukhani, s2analytics.com.
Sell Canara Bank, says Sudarshan Sukhani of s2analytics.com.
Sell Canara Bank on rally, says Sudarshan Sukhani of s2analytics.com.
On CNBC-TV18's show Super Six, market gurus Vishal Kshatriya, Sr Derivative and Technical Analyst, Edelweiss, Rakesh Gandhi, Sr Technical Analyst, LKP and Vishal B Malkan, CMT, www.malkansview.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Canara Bank can come down to Rs 450, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani, s2analytics.com advice investors to buy SBI at current level, if one has not bought it.
State Bank of India (SBI) may slip to Rs 2120- 2125, says Shardul Kulkarni, Sr. Technical Analyst, Angel Broking.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.