5 Stocks for next week (4th Sep- 8th Sep)

Gautam Upadhyaya

01 Sep 2017

Asian Paints – Buy

Stock

Asian Paints

Recommendation

The stock has given a breakout from a rectangle formation, after four months of consolidation on the daily chart; the breakout has been backed by a surge in volumes. The stock has also shown good strength on the daily MACD Histogram which further confirms our bullish view on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

1208-1216

1280

1157

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500820

ASIANPAINT

115708

1230/850

1087

IndusInd Bank- Buy

Stock

 IndusInd Bank

Recommendation

The stock is in a higher top higher bottom chart structure. It has also managed to give a breakout on the weekly chart. A closing at its all-time high further accentuates our positive view on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy(Cash)

1685-1694

1760

1638

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

532187

 INDUSINDBK 

101373

1695-1037

1418

Kotak Mahindra Bank - Buy

Stock

Kotak Mahindra Bank

Recommendation

 The stock has given a breakout from a declining channel formation on the daily chart. It has also managed to give a positive crossover on the MACD, further accentuating our positive stance on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

988-994

1035

962

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500247

KOTAKBANK 

189740

1030-692

895

CESC- Buy

Stock

CESC Ltd

Recommendation

The stock has given a breakout on the weekly chart; volumes have also backed the price outburst. The stock has managed to give a flag pattern breakout on the daily chart which affirms our positive stance on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

1033-1040

1098

996

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500084 

CESC

13742

1050-539

834

NHPC – Sell

Stock

NHPC  Ltd

Recommendation

The stock has seen a correction over the past few trading sessions. It is currently trading below its 200-day EMA and has also shown weakness on the daily and weekly MACD Histogram.     

Buy/Sell

Range

Target

Stop Loss

Sell(Sep Futures)

28.85-29

26.9

30.6

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

 533098

NHPC 

29803

34.5-23.9

29.7

Disclaimer:  Research Disclaimer

Have Referral Code?

Similar articles

  • Responses
  • Patidar Samaj

    - 2 hrs ago

    This article claims RJio was given a "Backdoor Entry" into the 4G Based Voice Routing. The peculiar aspect is without the Voice License, Rjio would have been a mere ISP. With the license, it is now a holistic communications service provider, with ability to exponentially scale the bouquet of products. The events indicate it was meticulously planned way before the auctions because the auctions were clear on the agenda: 4G for internet only.

Load More
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. 


Banner

5 Stocks for next week (4th Sep- 8th Sep)

Gautam Upadhyaya

01 Sep 2017

Asian Paints – Buy

Stock

Asian Paints

Recommendation

The stock has given a breakout from a rectangle formation, after four months of consolidation on the daily chart; the breakout has been backed by a surge in volumes. The stock has also shown good strength on the daily MACD Histogram which further confirms our bullish view on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

1208-1216

1280

1157

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500820

ASIANPAINT

115708

1230/850

1087

IndusInd Bank- Buy

Stock

 IndusInd Bank

Recommendation

The stock is in a higher top higher bottom chart structure. It has also managed to give a breakout on the weekly chart. A closing at its all-time high further accentuates our positive view on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy(Cash)

1685-1694

1760

1638

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

532187

 INDUSINDBK 

101373

1695-1037

1418

Kotak Mahindra Bank - Buy

Stock

Kotak Mahindra Bank

Recommendation

 The stock has given a breakout from a declining channel formation on the daily chart. It has also managed to give a positive crossover on the MACD, further accentuating our positive stance on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

988-994

1035

962

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500247

KOTAKBANK 

189740

1030-692

895

CESC- Buy

Stock

CESC Ltd

Recommendation

The stock has given a breakout on the weekly chart; volumes have also backed the price outburst. The stock has managed to give a flag pattern breakout on the daily chart which affirms our positive stance on the stock.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

1033-1040

1098

996

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500084 

CESC

13742

1050-539

834

NHPC – Sell

Stock

NHPC  Ltd

Recommendation

The stock has seen a correction over the past few trading sessions. It is currently trading below its 200-day EMA and has also shown weakness on the daily and weekly MACD Histogram.     

Buy/Sell

Range

Target

Stop Loss

Sell(Sep Futures)

28.85-29

26.9

30.6

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

 533098

NHPC 

29803

34.5-23.9

29.7

Disclaimer:  Research Disclaimer

Have Referral Code?