Article

5 Stocks for next week (16th - 20th Oct)

Gautam Upadhyaya

03 Apr 2018

ICICI BANK - Buy

Stock ICICI BANK
Recommendation The stock has given an upward bounce after forming a bullish doji on the daily chart. It has also taken support along the rising trend line on the weekly chart. The stock is on the verge of giving a bullish crossover signal on the daily MACD.
Buy/Sell Range Target Stop Loss
Buy (Cash) 270-272 284 263.8
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
ICICIBANK 174396 327/215 274

TATA STEEL - Buy

Stock Tata Steel
Recommendation The stock is in a higher top higher bottom chart structure. It has managed to give a breakout on the daily chart backed by a surge in volumes. The stock is currently trading at its 52 week high and we expect the positive momentum to continue.
Buy/Sell Range Target Stop Loss
Buy (Cash) 708-711 758 676
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
TATASTEEL 69019 715/355 540

HDFC BANK - Buy

Stock HDFC BANK
Recommendation The stock is in a higher top higher bottom chart structure. It has managed to give a breakout from its sideways consolidation on the daily chart. The stock has also taken support along the weekly EMA.
Buy/Sell Range Target Stop Loss
Buy(Cash) 1840-1852 1925 1788
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
 HDFCBANK 477961 1868/1159 1596

JINDAL STEEL & POWER - Buy

Stock Jindal Steel & Power
Recommendation The stock managed to give an ascending triangle breakout on the daily chart. It has also managed to give a closing above its 200 day EMA. The bullish crossover signal on the daily MACD affirms our view on the stock.
Buy/Sell Range Target Stop Loss
Buy(Cash) 161-163 178 153
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
JINDALSTEL 14882 165/62 122

ZEE ENTERTAINMENT - Sell

Stock Zee Entertainment
Recommendation The stock has shown weakness on the daily and weekly chart which is indicated on the MACD Histogram. The stock is also currently trading below its 200 day exponential moving average on the daily chart.
Buy/Sell Range Target Stop Loss
Sell (Oct Futures ) 513-516 498 525.2
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
ZEEL 49011 588/428 512

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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. 


5 Stocks for next week (16th - 20th Oct)

Gautam Upadhyaya

03 Apr 2018

ICICI BANK - Buy

Stock ICICI BANK
Recommendation The stock has given an upward bounce after forming a bullish doji on the daily chart. It has also taken support along the rising trend line on the weekly chart. The stock is on the verge of giving a bullish crossover signal on the daily MACD.
Buy/Sell Range Target Stop Loss
Buy (Cash) 270-272 284 263.8
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
ICICIBANK 174396 327/215 274

TATA STEEL - Buy

Stock Tata Steel
Recommendation The stock is in a higher top higher bottom chart structure. It has managed to give a breakout on the daily chart backed by a surge in volumes. The stock is currently trading at its 52 week high and we expect the positive momentum to continue.
Buy/Sell Range Target Stop Loss
Buy (Cash) 708-711 758 676
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
TATASTEEL 69019 715/355 540

HDFC BANK - Buy

Stock HDFC BANK
Recommendation The stock is in a higher top higher bottom chart structure. It has managed to give a breakout from its sideways consolidation on the daily chart. The stock has also taken support along the weekly EMA.
Buy/Sell Range Target Stop Loss
Buy(Cash) 1840-1852 1925 1788
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
 HDFCBANK 477961 1868/1159 1596

JINDAL STEEL & POWER - Buy

Stock Jindal Steel & Power
Recommendation The stock managed to give an ascending triangle breakout on the daily chart. It has also managed to give a closing above its 200 day EMA. The bullish crossover signal on the daily MACD affirms our view on the stock.
Buy/Sell Range Target Stop Loss
Buy(Cash) 161-163 178 153
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
JINDALSTEL 14882 165/62 122

ZEE ENTERTAINMENT - Sell

Stock Zee Entertainment
Recommendation The stock has shown weakness on the daily and weekly chart which is indicated on the MACD Histogram. The stock is also currently trading below its 200 day exponential moving average on the daily chart.
Buy/Sell Range Target Stop Loss
Sell (Oct Futures ) 513-516 498 525.2
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
ZEEL 49011 588/428 512

Research Disclaimer