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5 Stocks for next week (30th Oct-3rd Nov)

Gautam Upadhyaya

03 Apr 2018

1)TATA GLOBAL - Buy

Stock TATA GLOBAL
Recommendation The stock has managed to give a breakout from its sideways consolidation on the weekly and daily chart. The price outburst has been backed by a surge in volumes. The stock has also managed to give a bullish crossover on the daily MACD indicating that the bullish momentum is likely to continue.
Buy/Sell Range Target Stop Loss
Buy (Cash) 218.5-220.5 234 209.5
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 M.A
TATAGLOBAL 13837 114-220 171

2)UPL - Buy

Stock UPL
Recommendation The stock has formed a bullish engulfing candlestick pattern on the weekly chart. It is also on the verge of giving a double bottom breakout on the daily chart. The stock is indicating positive momentum on the daily MACD Histogram.
Buy/Sell Range Target Stop Loss
Buy (Cash) 828-832 878 796
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 M.A
UPL 42184 902/584 783

3)REC - Buy

Stock REC LTD
Recommendation The stock has managed to give a strong bounce from its support levels on the weekly chart. The stock has also managed to reverse its lower top lower bottom chart structure on the daily chart. We expect the positive momentum to continue in the in the stock in the following week.
Buy/Sell Range Target Stop Loss
Buy(Cash) 172-173.5 185 163
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
RECLTD 34087 223/113 164

4) IPCA - Buy

Stock IPCA LABS
Recommendation The stock is on the verge of giving a breakout from its sideways consolidation on the weekly chart. The stock has also managed to give a positive close above its 200 EMA on the daily chart. The trend and strength analysis indicates that the current momentum is likely to extend further.
Buy/Sell Range Target Stop Loss
Buy(Cash) 524.5-527.5 565 501
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 M.A
IPCALAB 6617 656/400 507

5)TATA COMMUNICATION - Sell

Stock TATA COMMUNICATION
Recommendation The stock has shown weakness on the daily and weekly chart which is indicated on the MACD Histogram. The stock has also given a close below its 200 day EMA and breached its support zone.
Buy/Sell Range Target Stop Loss
Sell (Nov Futures) 660-664 626 686
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
TATACOMM 18723 784/542 670

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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 (30th Oct-3rd Nov)

Gautam Upadhyaya

03 Apr 2018

1)TATA GLOBAL - Buy

Stock TATA GLOBAL
Recommendation The stock has managed to give a breakout from its sideways consolidation on the weekly and daily chart. The price outburst has been backed by a surge in volumes. The stock has also managed to give a bullish crossover on the daily MACD indicating that the bullish momentum is likely to continue.
Buy/Sell Range Target Stop Loss
Buy (Cash) 218.5-220.5 234 209.5
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 M.A
TATAGLOBAL 13837 114-220 171

2)UPL - Buy

Stock UPL
Recommendation The stock has formed a bullish engulfing candlestick pattern on the weekly chart. It is also on the verge of giving a double bottom breakout on the daily chart. The stock is indicating positive momentum on the daily MACD Histogram.
Buy/Sell Range Target Stop Loss
Buy (Cash) 828-832 878 796
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 M.A
UPL 42184 902/584 783

3)REC - Buy

Stock REC LTD
Recommendation The stock has managed to give a strong bounce from its support levels on the weekly chart. The stock has also managed to reverse its lower top lower bottom chart structure on the daily chart. We expect the positive momentum to continue in the in the stock in the following week.
Buy/Sell Range Target Stop Loss
Buy(Cash) 172-173.5 185 163
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
RECLTD 34087 223/113 164

4) IPCA - Buy

Stock IPCA LABS
Recommendation The stock is on the verge of giving a breakout from its sideways consolidation on the weekly chart. The stock has also managed to give a positive close above its 200 EMA on the daily chart. The trend and strength analysis indicates that the current momentum is likely to extend further.
Buy/Sell Range Target Stop Loss
Buy(Cash) 524.5-527.5 565 501
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 M.A
IPCALAB 6617 656/400 507

5)TATA COMMUNICATION - Sell

Stock TATA COMMUNICATION
Recommendation The stock has shown weakness on the daily and weekly chart which is indicated on the MACD Histogram. The stock has also given a close below its 200 day EMA and breached its support zone.
Buy/Sell Range Target Stop Loss
Sell (Nov Futures) 660-664 626 686
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
TATACOMM 18723 784/542 670

Research Disclaimer