The two-year bull run of Indian stock market since March 2016 is due for a breather. Sensex touched a new all-time high of 36443 on January 29, 2018, ushering new euphoria amongst people. Markets do not go straight up or down, they do so in steps. We are expecting a step-down 2018 for 90% of Indian equities. And we do not expect the new highs to be taken out for...
HCL Technologies has given a nice breakout today over a long term price point. This signals a good up-run in the coming months.A short term will occur in June and then some sort of low - a buying opportunity - in July. And then can sit tight for a ride up to 1200-1300 in Jan 2019.
Rajesh Exports, world's largest gold jewellery manufacturer and India's biggest exporter of gold jewellery is our second buy recommendation for the coming 6 months.It is currently trading around 800 level. According to our research, we can see this stock trading between 950 - 1100 levels in the near future.
Pfizer, probably the only pharma company in India that is going to make a new high. The pharma sector in India is in a bear territory for the last couple of years. Having found a stock in this sector that is yet to make a top is like finding light in the dark. It's good news for those who have significant exposure in this sector. It's not going to do much for them...
If you hold Tata Steel in your portfolio, it's prudent to exit at the current level and book profits. We are expecting the stock to head lower until October of this year. And then we can buy the stock at a discounted price of around Rs 450.That is the whopping 40% off of the current price. Call it the Great Diwali Sale for Indian stocks.
GlaxoSmithKline is heading lower to 1800-1900 levels in the coming months. It"s best to exit the stock and invest your money in one of our recommendations. Stay positive and make money.
Tata Motors - the stock is treading lower with every passing week and will continue to do so until November of this year. What has to be seen is the price level.We are expecting around 280, however, the carnage could take it lower, depends on how hard the FII are involved in the selling. But we believe the low of Feb 2016 @ 266.00 should not be broken. Because if...
This stock is our first pick of the year for our readers.Handpicked after sifting through countless companies.We see good potential for the stock to jump from current levels.We see the stock moving towards the price band of 27000-30000 in the coming 8 to 10 months. Currently trading at 21000 level, the upside return is above 30%. Keep your eyes on the stock.
