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
According to Sharmila Joshi of sharmilajoshi.com, one may avoid Orbit Corporation. He likes Godrej Properties in the real estate space.
Sudarshan Sukhani of s2analytics.com recommends staying away from Orbit Corporation and prefers to stick to DLF, Indiabulls Real Estate and Prestige Estates Projects.
Limited downside is seen in Orbit Corp. One can pick this stock at current levels, says SP Tulsian of sptulsian.com.
Sudarshan Sukhani of s2analytics.com advises to avoid Orbit Corp and Hindustan Oil Exploration Company (HOEC) at current levels.
"Considering L&T‘s E&C business, their machine industrial product division has performed very well," said SP Tulsian of sptulsian.com in an interview to CNBC-TV18.
"Considering the offer for sale (OFS) lined up by the government of India on National Thermal Power Corporation (NTPC), I don‘t think that this stock deserves a buy at this moment", says SP Tulsian of sptulsian.com in an interview to CNBC-TV18.
Orbit Corporation has resistances at around Rs 63. Rally is expected in the stock, if its crosses the level of Rs 62-63, says Kunal Bothra of LKP.
HDIL on daily as well as on weekly chart is showing a bullish flag formation and trend is looking good. However, one can keep a modest target of Rs 80 on Orbit Corporation keeping a stop loss of Rs 53, says Kunal Bothra of LKP.
Orbit Corporation can touch Rs 70 in next 6 months, says SP Tulsian, sptulsian.com. They have total 12 ongoing projects in Central and South Mumbai with total area of close to about 18 lakh square feet.
Moneycontrol brings to you some of the recommendations given by experts that will help you cash in on the many opportunities available.
SP Tulsian of sptulsian.com spoke to CNBC-TV18 about the winter Parliament session and why he thinks there is a hope from the FDI in retail. Tulsian feels the session will be lukewarm and nothing positive can be expected.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com tells he is positive on most Mumbai-based realty stocks. He says he has a positive stance on HDIL, DB Realty, Ajmera, Orbit Corporation.
At Rs 60 Orbit Corporation has given a fresh breakout yesterday. So with a stoploss of maybe Rs 56 it will re-test the recent high which was made in October of Rs 65 and then probably head to about Rs 72, says Anil Manghnani, Modern Shares & Stock Brokers.
Moneycontrol.com got Sudip Bandyopadhyay, managing director and chief executive officer, Destimoney Securities to answer the stock queries you sent us on our Facebook page as part of KYI (Know Your Investment). Check out his comments.
Orbit Corporation has target of Rs 71-73, says Anil Manghnani, Modern Shares & Stock Brokers.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur, Investshoppe shares trading strategy of the day.
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.
On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst at manasjaiswal.com, Rajesh Jain, EVP Retail Research at Religare Sec and Rakesh Gandhi, Sr Technical Analyst at LKP, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Orbit Corporation has target of Rs 75, says Aashish Tater of Fort Share Broking.
Avoid Orbit Corporation, says Sudarshan Sukhani, s2analytics.com.
Nitin Murarka of SMC Global feels that one should buy Orbit Corporation.
Orbit Corp may slip to Rs 30, says SP Tulsian, sptulsian.com.
Rajesh Satpute of Mangal Keshav Securities advised to invest in Orbit Corp.
Orbit Corporation may remain under pressure, says SP Tulsian of sptulsian.com.
Buy Orbit Corporation around Rs 44, says Hemen Kapadia, chartpundit.com.