Moneycontrol PRO
HomeNewsUnionbankindia

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
  • Trade Spotlight: How should you trade ITC, Tata Consumer Products, SBI, Union Bank, JK Tyre, Federal Bank, and others on Muhurat Trading day?

    Market sentiment is likely to remain favourable for bulls on the Muhurat trading day. Below are some short-term trading ideas to consider.

  • Trade Spotlight: How should you trade IIFL Finance, JSW Energy, UNO Minda, NLC India, Ashok Leyland, Lodha Developers, and others on October 08?

    Trade Spotlight: How should you trade IIFL Finance, JSW Energy, UNO Minda, NLC India, Ashok Leyland, Lodha Developers, and others on October 08?

    Overall, the trend remains favourable for bulls, but some consolidation can't be ruled out given the healthy rally in the last few sessions. Below are some short-term trading ideas to consider.

  • Trade Spotlight: How should you trade Union Bank, Jindal Steel, Samvardhana Motherson, Canara Bank, HPCL, NTPC, and others on September 24?

    Trade Spotlight: How should you trade Union Bank, Jindal Steel, Samvardhana Motherson, Canara Bank, HPCL, NTPC, and others on September 24?

    The market may see some more consolidation amid rangebound trading in the upcoming sessions. Below are some short-term trading ideas to consider.

  • Trade Spotlight: How should you trade Kotak Mahindra Bank, Zomato, UPL, BSE, Ashok Leyland, and others on February 20?

    Trade Spotlight: How should you trade Kotak Mahindra Bank, Zomato, UPL, BSE, Ashok Leyland, and others on February 20?

    The market is expected to gain strength soon amid ongoing range-bound trading. Below are some trading ideas for the near term.

  • Trade Spotlight: How should you trade Zomato, Oberoi Realty, IREDA, Union Bank, Bharat Electronics, and others on Thursday?

    Trade Spotlight: How should you trade Zomato, Oberoi Realty, IREDA, Union Bank, Bharat Electronics, and others on Thursday?

    The market is likely to consolidate further, while the overall trend remains in favour of the bulls. Below are some trading ideas for the near term.

  • Trade Spotlight: How should you trade Paytm, LTIMindtree, Bank of Baroda, Radico Khaitan, Syngene, ICICI Prudential and others on Friday?

    Trade Spotlight: How should you trade Paytm, LTIMindtree, Bank of Baroda, Radico Khaitan, Syngene, ICICI Prudential and others on Friday?

    The market is expected to remain consolidative with a negative bias. Below are some trading ideas for the near term.

  • Trade Spotlight: How should you trade Paytm, Eicher Motors, Hindalco, Union Bank, Jindal Steel and others on Friday?

    Trade Spotlight: How should you trade Paytm, Eicher Motors, Hindalco, Union Bank, Jindal Steel and others on Friday?

    A further northward journey is likely to be seen in the Nifty 50, though it may be accompanied by consolidation. Below are some trading ideas for the near term.

  • 11 stocks of time as bulls return with a boom, and RBI retains rates, raises growth forecast

    11 stocks of time as bulls return with a boom, and RBI retains rates, raises growth forecast

    Experts feel the central bank seems to be following other central banks and indicating higher rates for longer, but by any chance if the Federal Reserve cuts fed funds rate in first quarter of calendar year, which is 60 percent probability and there is 80 percent probability of cutting in second quarter, then the RBI may also do the same here.

  • Trade Spotlight | Your game plan for Union Bank, Hindustan Copper, MCX today

    Trade Spotlight | Your game plan for Union Bank, Hindustan Copper, MCX today

    Hindustan Copper has seen a breakout of downward sloping resistance trendline and has formed robust bullish candlestick pattern on the daily timeframe with significantly higher volume.

  • Hot Stocks | Union Bank, GSFC, Dwarikesh Sugar may deliver 15-20% return in short term

    Hot Stocks | Union Bank, GSFC, Dwarikesh Sugar may deliver 15-20% return in short term

    For an intermediate bullish trend to hold, Nifty has to sustain above the crucial support of 19,550.

  • 10 best bets for next 3-4 weeks as experts predict some correction from record highs

    10 best bets for next 3-4 weeks as experts predict some correction from record highs

    Since the broader markets are overstretched, failing to clear the high might trigger some profit-booking. Traders should remain extremely stock-specific and follow strict stop-losses, advised experts

  • Hot Stocks | Bank of India, Tata Communications, Union Bank may deliver 11-19% return in short term

    Hot Stocks | Bank of India, Tata Communications, Union Bank may deliver 11-19% return in short term

    Traders should cut their short positions if Nifty surpasses 19,650 resistance.

  • Hot Stocks | Bet on Union Bank, Jindal Stainless, Canara Bank for the short term

    Hot Stocks | Bet on Union Bank, Jindal Stainless, Canara Bank for the short term

    The trend of the Nifty is likely to remain bullish unless it closes below 18,900.

  • Hot Stocks | Kirloskar Oil Engines, Union Bank of India, Zensar may deliver healthy returns

    Hot Stocks | Kirloskar Oil Engines, Union Bank of India, Zensar may deliver healthy returns

    Primary trend of Kirloskar Oil Engines has been bullish, as stock is holding above long-term moving averages. Indicators and oscillators have turned bullish on the daily and weekly charts.

  • Trade Spotlight | What should you do with Hindustan Aeronautics, Union Bank, Cyient on Thursday?

    Trade Spotlight | What should you do with Hindustan Aeronautics, Union Bank, Cyient on Thursday?

    Union Bank of India shares gained 4.7 percent to close at Rs 66, forming long bullish candle on the daily charts with above average volumes. The stock closed above the median of Monday's red candle, may be indicating positive mood.

  • Top 10 trading ideas by experts for next 3-4 weeks as Nifty scales fresh 4-month high

    Top 10 trading ideas by experts for next 3-4 weeks as Nifty scales fresh 4-month high

    Technically, since its listing, PB Fintech remained in a gradual decline, however, in the last few months the pace of the fall flatten, which is resulting in a positive divergence. It is an indication of the change in the prevailing trend.

  • Hot Stocks | Union Bank, Hitachi Energy India, SP Apparels may give 12-16% return in short term. Here's why

    Hot Stocks | Union Bank, Hitachi Energy India, SP Apparels may give 12-16% return in short term. Here's why

    Hitachi Energy India has broken out on the daily chart with higher volumes where it closed at highest level since June 2, 2022. The stock price is on the verge of breaking out from the downward sloping trendline, adjoining the highs of March 3 and June 1, 2022.

  • Hot Stocks | Here's why you should bet on Union Bank of India, Torrent Power for short term

    Hot Stocks | Here's why you should bet on Union Bank of India, Torrent Power for short term

    In case of Torrent Power, momentum oscillator RSI (14) has shown a strong rebound on the daily chart from the oversold values and currently has closed above 50 levels with bullish crossover.

  • Hot Stocks | Union Bank of India, VIP Industries, DCB Bank can give double-digit return in short term. Here's why

    Hot Stocks | Union Bank of India, VIP Industries, DCB Bank can give double-digit return in short term. Here's why

    RSI oscillator has bounced back from the 30 odd levels and started rising, suggesting higher possibility of bullish trend reversal in DCB Bank stock price in the coming days.

  • Hot Stocks | Bet on Bajaj Holdings, Union Bank of India for up to 17% return in short term

    Hot Stocks | Bet on Bajaj Holdings, Union Bank of India for up to 17% return in short term

    The immediate resistance for the Nifty is capped near 17,355 levels. If the index closes above 17,355 convincingly, then the gate is open at 17,600 levels.

  • Hot Stocks | 'Can bet on Bank of Baroda, Kotak Mahindra Bank and Union Bank for double-digit returns in 2-3 weeks'

    Hot Stocks | 'Can bet on Bank of Baroda, Kotak Mahindra Bank and Union Bank for double-digit returns in 2-3 weeks'

    Nifty is currently heading lower towards 18,000-17,900 and this zone will act as a key support. If this level is breached, the index can move even lower towards 17,600, said Karan Pai of GEPL Capital.

  • Top buy and sell ideas by Mitesh Thakkar, Sudarshan Sukhani, Ashwani Gujral for short term

    Top buy and sell ideas by Mitesh Thakkar, Sudarshan Sukhani, Ashwani Gujral for short term

    Sudarshan Sukhani of s2analytics.com advises selling Adani Power with a stop loss of Rs 58, target of Rs 54.

  • Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term

    Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term

    Sudarshan Sukhani of s2analytics.com recommends buying L&T Finance Holdings with stop loss at Rs 115 and target of Rs 124 and Tech Mahindra with stop loss at Rs 764 and target of Rs 795.

  • Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term

    Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term

    Sudarshan Sukhani of s2analytics.com recommends buying Castrol India with stop loss at Rs 149 for target of Rs 165 and Manappuram Finance with stop loss at Rs 160 and target of Rs 185.

  • Brokerages see these 2 banks as biggest beneficiaries of Essar Steel resolution

    Brokerages see these 2 banks as biggest beneficiaries of Essar Steel resolution

    Japanese brokerage firm Nomura says the Supreme Court judgment favours banks and is positive for SBI and ICICI Bank.

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