Maninfra - Buy Call - 20-30 Percent upmove in ~90 days

At the current level of 61-63, Man Infraconstruction Ltd. is looking lucrative. Reason being, its support base of 59.92, so at the strict stop loss of 59.80, we have not much to lose. Technical indicators are also in this scrip's favor. The stock is now trending above 50 and 16 days simple moving averages (slightly above).

Disclaimer: The author is invested in Maninfra at 63.

JSL buy call - Range (108-113) - Stop Loss - 106.90 - Fundmental call - 10-30 % upmove potential in 3 Months

Looking at the current market position, it's difficult to find a fundamental stock with the expectation of 10-30 % upmove. Currently, JSL is trading around 109 and looking at the technical chart, I expect the stock to give a good return of 10-30 percent in 90 days period. While calculated down risk is limited, upmove looks pretty lucrative.

Why one should buy the scrip:

1. Current Stock P/E: 20.30 - Looking good
2. Volume is stable from last 1 month. - sign of consolidation
3. Price is trading in the range of 108-120 in the last 1-2 months - not much volatility

Disclaimer:  This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, information, charts or examples contained in the lessons, are for informational and educational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. The author is invested in JSL at the price of 77.75.

Piggy is one of the best Mutual Fund aggregators

Hello All,

Today, I'm going to talk about one of the best MF aggregator.

Piggy: There are other similar apps available for consolidated MF reporting, buying and selling. For example; Jama, Investica, Wealth Trust etc.

What makes Piggy stand in the crowd is its ergonomic design, low-cost transaction charges, and vast MF houses availability.

The app is designed in such a way that it gives a glorious look to your profile, your funds, and SIP etc.

Low cost transaction - Once you start with Piggy your first 4 weeks are free. No matter how many  transactions you do in first 4 weeks, it's free.

Ideally, MF meant to be a long term association and 4 weeks free offer doesn't really matter. You should care about what you pay for your SIP and per transaction. SIP is widely famous when it comes to MF.

Piggy charges 100 rs, per SIP per fund per year. Also, when your SIP periods is completed, You wouldn't have to pay any monthly or maintenance charges. For a one time transaction, you will pay Rs. 30 for Equity, Debt, and Gilt fund and Rs. 3 for liquid funds.

Too many MF subscriptions are not recommended in MF because your mutual fund is already well diversified with generally 30+ stocks.

It's best to start with one ELSS, one Bluechip(large cap), one small-mid cap, 1 gilt/bond fund. I see that almost all MF's are available in this platform in direct mode only. For me all too ranked MF's are available. To enumerate, L&T tax advantage, L&T emerging business fund, L&T mid cap fund, DSP BR tax saver fund, Principal emerging fund, SBI long term gilt fund, Reliance top 200 fund, Tata Tax saver fund, SBI bluechip fund and many more.

For your information, direct mutual funds offer better return because in a direct MF, you pay around 1% less expense than regular MF.

Best Performing, Top Ranked - Mutual Funds

Hi Guys, today I'm listing few mutual funds for different purposes.

Tax Elss: Under ELSS funds, you can buy funds up to 1.5 lakh limit for tax saving under Section 80C. Best performing and top-ranked Elss fund are:

1. DSP BlackRock tax saver
2. L&T Tax Saver Fund
3. Mirae Asset Tax Saver Fund
4. Tata India Tax Savings Fund

Diversified funds: In other words, they are multi cap funds. It includes of large cap, mid cap, and small cap. As a mixed portfolio, it minimizes the risk while maximizes the profit ratio over time. Best performing and top-ranked Diversified fund are:

1. Motilal Oswal MOSt Focused Multicap 35 Fund
2. ICICI Prudential Value Discovery Fund

Large cap (big cap): They represent fund with the set of companies with huge market capitalization. Market capitalization is calculated by multiplying the number of a company's shares outstanding by its stock price per share. Best performing and top-ranked Large cap fund are:

1. SBI Blue Chip Fund (G)
2. Reliance Top 200 Fund

Small cap - mid cap: They tend to offer more growth potential than large-cap stocks but they are riskier, however, in the long term they can provide much better return than large cap funds.
Best performing and top-ranked 'Small cap - mid cap' fund are:

1. L&T Emerging Businesses Fund
2. L&T Midcap Fund
3. Principal Emerging Bluechip Fund

 

Edelweiss Financial Services Ltd - Buy Signal at Dip @ 191.45 - 30th June

Edelweiss Financial Services Ltd > Financials → Diversified Financials

Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services.


1 MO. RTN - 11.20%
1 YR. RTN - 155.20%

52 WK high - 214.65
52 WK Low - 75.00

P/E - 27.83
β - 2.13DIV. Yield - 0.68%

Technical Graph - Daily Candlesticks, channel drawing, On bal vol, Stochastic, DISPARITY index

Looking at graph, we noticed that the company is in uptrend (Using EMA - 50)
On Balance Volume has been continually increasing shows a strong public demand.
Stochastic is confirming that the stock was oversold for some time and now moving upward giving a strong buy signal at a dip.

ITI Ltd - Buy Signal @ 90.25 - 30th June

ITI Ltd  ITI > Telecom Services → Telecom Equipment

ITI Limited is engaged in the business of manufacturing, trading, and servicing of telecommunication equipment and rendering other associated and ancillary services.

1 MO. RTN - 19.41%
1 YR. RTN - 212.48%
52 WK high - 118.00

52 WK Low - 26.20

P/E - 13.13

β - 1.72

Technical Graph - Daily Candlesticks, channel drawing, On bal vol, Stochastic, DISPARITY index

Looking at graph, we noticed that the company is in uptrend (Using EMA - 50)
On Bal vol has been continually increasing show a strong public demand.
Stochastic is confirming that the stock was oversold for some time and now moving upward giving a strong buy signal.

Sundram Fasteners Limited - Buy Signal - 30th June @ 429.6

Sundram Fasteners Limited is a holding company, engaged in manufacturing high tensile fasteners, and motor vehicle parts and accessories.

Statistics - EOD, 30th June

1 MO. RTN - 10.00%

1 YR. RTN - 128.94%

52 WK high - 469.00

52 WK Low - 182.00

P/E - 26.24

β - 1.35

DIV. Yield - 1.07%

Technical Graph: Daily Candlesticks, channel drawing, On bal vol, Stochastic, RSI, DISPARITY index

Looking at graph, we noticed that the company is in uptrend (Using EMA - 50)
On Bal vol has been continually increasing show a strong public demand.
Stochastic and RSI both are confirming that the stock was oversold for some time and now moving upward giving a strong buy signal.

Sold 'Ahluwalia Conts.Ida.' based on strong negative indicators

Stock: Ahluwalia Conts.Ida.

NSE Symbol: AHLUCONT

Add Price: INR 252.00  - Remove Price: INR 369

Stock witnessed a strong distribution starting 15th May. The stock has been correcting from the past three sessions on heavy volumes.

I reviewed the stock ‘Ahluwalia Conts.’ and decided to sell it based on several technical indicators.

• 3-day pattern - I see the Increasing volumes for last three days which keep on growing everyday.
• Using Acc/Dist indicators I see there were a consistent distribution started from the last 5 days
• 9th May to 17th may - RSI shows overbought situation which clearly says that stock might plunge from this level.
• 3 red candle after a peak of the stock. All candles with lower low and lower high to the preceding candles.

Refer to the screenshot for more information.