Article

5 Stocks for next week 16th-20th April 2018

Gautam Upadhyaya

20 Apr 2018

Untitled Document

1) Nilkamal Limited-Buy

Stock

Nilkamal Limited

Recommendation

The stock has witnessed a flag pattern breakout on the daily chart backed by a surge in volumes and has managed to give a close above its 200 day EMA. We expect the uptrend in the stock to continue in the following week.

Buy/Sell

Range

Target

Stop Loss

Buy(Cash)

1752-1764

1874

1686

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 Day-EMA

NILKAMAL

2624

2274/1491

1719


 

2) Escorts Limited – Buy

Stock

 Escorts Limited

Recommendation

The stock has managed to give a breakout above its resistance levels backed by an uptick in volumes and is currently trading at its all-time high. The stock has also shown positive momentum on the daily MACD Histogram, which affirms our bullish view on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

942-948

1006

907

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 Day M.A

ESCORTS

11620

948/535

739


 

3) TVS Motor Company Limited-Buy

Stock

TVS Motor Company Limited

Recommendation

The stock has witnessed a flag pattern breakout on the daily chart backed by a surge in volumes. The stock has also taken support near its 200 day EMA and given a positive bounce.

Buy/Sell

Range

Target

Stop Loss

Buy(Cash)

657-662

702

633

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

TVSMOTOR

31498

794/461

639


 

4) Bharat Electronics Limited - Sell


Stock

Bharat Electronics Limited

Recommendation

The stock is trading in a lower top lower bottom chart structure and has given a breakdown below its support levels on the daily chart. Derivative data indicates fresh short positions in the stock.

Buy/Sell

Range

Target

Stop Loss

Sell (April Futures)

143-144

135

149.2

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

BEL

35048

192-138

160


 

5) Bajaj Finserv - Sell


Stock

Bajaj Finserv

Recommendation

The stock has witnessed a correction after forming a bearish engulfing candlestick pattern on the daily chart. It has also seen a bearish crossover on the daily MACD indicator.

Buy/Sell

Range

Target

Stop Loss

Sell (April Futures)

5335-5360

5060

5534

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

BAJAJFINSV

85057

5835/3796

4922


Research Disclaimer

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mutual-fund

Why to Choose Mutual Funds Instead of Directly Investing Into Equities?

Whether to invest in equities or mutual funds is a question that has plagued every investor. As someone who needs the best value for his/her investment should you invest in equity directly or via mutual funds?

Let’s start by first understanding what these two terms ‘equities’ and ‘mutual funds’ stand for-

Equities- Equities generally represent ownership of a company. If you own any equity in a company, you are a part owner of the said company (depending on how much equity you own).

Mutual Funds – It is an investment scheme which is professionally managed by an asset management company. It pools together the resources of a group of people and invests their money in equities, debentures, bonds and other securities.

Why choose mutual funds over equities?

For people who’ve never invested in either stocks or mutual funds, it is hard to know which is better and where to start. Broadly speaking, if you are a novice investor, mutual funds are not only less risky but also way easier to manage. Here are some ways in which investing in mutual funds is beneficial as opposed to investing in equities -

Diversification

Mutual funds provide more diversification as compared to an individual equity stock. When you invest in equity, you are investing in a single company which has its inherent risk. For example, if you invest Rs.20,000 in buying equities of one company, you could face a total loss if that particular company performs poorly in the market.  

If you invest the same amount in mutual funds, it will be invested in different kinds of stocks and financial instruments, high-risk and low-risk both, so you might not face total loss even if one company does poorly.

Scale of Investment and Lower Costs

For an individual investor buying and selling stocks is a difficult task due to its high price. Thus, any gains made from stock appreciation are nullified if the overall trading costs are considered. Comparatively with mutual funds, as the money is pooled from a large number of investors, the cost per individual is lowered.  

Another advantage of mutual funds is that you don’t need to invest large sums of money. Buying equities for a profitable venture needs huge amounts of money, a minimum of few lakhs. With mutual funds, you can start with Rs.1000 and earn profits on that as well.

Convenience

Keeping an eye on the markets everyday is a time-consuming business, especially if you are investing as a side gig. There are people who spend their lives studying the market and still end up sustaining heavy losses. Though investing in mutual funds does not guarantee high returns, it is stress-free and needs less work as compared to investing in equities.

To sum it up

It is important to remember that mutual funds have their own disadvantages as well. Thus, as with any financial decision, educating yourself and understanding the suitability of all the available options is the ideal way to invest. 

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5 Stocks for next week 16th-20th April 2018

Gautam Upadhyaya

20 Apr 2018

Untitled Document

1) Nilkamal Limited-Buy

Stock

Nilkamal Limited

Recommendation

The stock has witnessed a flag pattern breakout on the daily chart backed by a surge in volumes and has managed to give a close above its 200 day EMA. We expect the uptrend in the stock to continue in the following week.

Buy/Sell

Range

Target

Stop Loss

Buy(Cash)

1752-1764

1874

1686

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 Day-EMA

NILKAMAL

2624

2274/1491

1719


 

2) Escorts Limited – Buy

Stock

 Escorts Limited

Recommendation

The stock has managed to give a breakout above its resistance levels backed by an uptick in volumes and is currently trading at its all-time high. The stock has also shown positive momentum on the daily MACD Histogram, which affirms our bullish view on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

942-948

1006

907

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 Day M.A

ESCORTS

11620

948/535

739


 

3) TVS Motor Company Limited-Buy

Stock

TVS Motor Company Limited

Recommendation

The stock has witnessed a flag pattern breakout on the daily chart backed by a surge in volumes. The stock has also taken support near its 200 day EMA and given a positive bounce.

Buy/Sell

Range

Target

Stop Loss

Buy(Cash)

657-662

702

633

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

TVSMOTOR

31498

794/461

639


 

4) Bharat Electronics Limited - Sell


Stock

Bharat Electronics Limited

Recommendation

The stock is trading in a lower top lower bottom chart structure and has given a breakdown below its support levels on the daily chart. Derivative data indicates fresh short positions in the stock.

Buy/Sell

Range

Target

Stop Loss

Sell (April Futures)

143-144

135

149.2

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

BEL

35048

192-138

160


 

5) Bajaj Finserv - Sell


Stock

Bajaj Finserv

Recommendation

The stock has witnessed a correction after forming a bearish engulfing candlestick pattern on the daily chart. It has also seen a bearish crossover on the daily MACD indicator.

Buy/Sell

Range

Target

Stop Loss

Sell (April Futures)

5335-5360

5060

5534

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

BAJAJFINSV

85057

5835/3796

4922


Research Disclaimer