YES BANK LTD - Medium Term View - Stock Recommendations - Buy -Sell or Hold ?

YES BANK LTD – CMP - 185

This stock is presently stuck amidst huge turbulent newsflow including rift between promoters, RBI intervention regarding the same, consequent resignations of board members, RBI regulatory notices and so on. The stock saw support around 200 from a life high of 400 in 2 months, after it fell below that level, but soon resumed its decline and tanked to 150 on a bad day, only to rebound to 180 plus levels in next few days.

The stock is trading at a very attractive PE ratios of 10. The market commentators say that it’s a corporate bank and not a consumer bank like HDFC Bank, so it is not commanding the premium like it and so on. However we believe the stock’s fair value is above 250 and this level is very very attractive to buy for a one year period or more. Yes bank is not closing down and is here to stay. Buy on all dips. All the bad news is out discounted, now on only good news is expected. At worst, the stock may go down again around 150 but as we saw it has great support at that level. You need to be fearless when buying a great company at great valuations amidst bad newsflow. It is this type of investments that incur you above alpha returns.

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PIRAMAL ENTERPRISES LTD - Short Medium Term View

PIRAMAL ENTERPRISES LTD (PEL) – CMP - 2213

This is a great midcap group stock. It has scaled heights of 3200 mark and receded from thereafter on the back of the present 2018 market route, however recovered and stabilized like the rest of the market during the last two months.

The stock took support on weekly chart on its 200 DMA and is hovering around 2000-2100 mark. We believe it to give good return over next 12 months. It’s a good company to invest for financial planning goals portfolio building as well. In a good short-term up move it is expected to surge to its 100 DMA of around 2500. The MACD situation is not as supportive, however the sideways type of market will prove to be non-beta for the stock.

Having said that, the stock being a core midcap, has high beta value and may gyrate along with the benchmark indices and not tend to outperform in the face of underperformance by the rest of the markets. Read different article on overall market outlook for the next 12 months with spanning major events such as the Loksabha elections of 2019 and the USA-China tariff war as well as the USA equity markets hitting a speedbreaker.

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INDIABULLS HOUSING FINANCE – Short Medium Term View

INDIABULLS HOUSING FINANCE – Medium Term View 

The NPA epidemic has spread into some of the private pure play NBFCs and this one is one of them and investors and traders also seem to see it to be topping out and booking out hefty profits incurred during last 2-4 yrs. 
Technically you can see how it is looking breaking down from range of 1400 and 1100 to may be go down below 1000 to 850 levels. With this new currency situation in play and the possible RBI response to that, the whole financial segment is now being looked at as risk area in certainty terms what may or may not happen with rate hike and of course the technicals (benchmark indice moves) and new factor (upcoming election calculations of investors) also factored in. The straight upmove days for broad markets are long over for the 2nd half of FY19 is very clear.
Anyways, the suggested stock can be traded by selling call options, buying put options, selling futures, selling delivery shares, selling intraday levels.

Become member for complete analysis with charts. Trading analysis is based 80% on technical analysis and 20% on fundamental analysis along with news flow impacts.

For best services for traders and investors in Indian stock market for multibagger stock calls and intraday stock, nifty, stock futures, options trading calls visit our website www.meghacapital.in 

The given views are subject to change depending on changing market, sector, individual company and global economic conditions. Become member to benefit from market and individual stock moves. Become member to get complete analysis, and alerts for buy and sell with targets.

    

UJJIVAN FINANCE & EQUITAS HOLDINGS – Medium Term View

UJJIVAN FINANCE & EQUITAS HOLDINGS – Medium Term View 

We have been bearish on this sector since its listing. We do not see this sector giving great return (however distinctions should be made between the small finance firms which are active in villages and semi urban vs. those like AU which are active in urban area). As you can see in monthly chart, they are coming down consistently and we maintain a medium to long term sell and/or avoid call on both. Also, being in derivatives segment they can be traded on short side by using options and futures.
    

Become member for complete analysis with charts. Trading analysis is based 80% on technical analysis and 20% on fundamental analysis along with news flow impacts.

The given views are subject to change depending on changing market, sector, individual company and global economic conditions. Become member to benefit from market and individual stock moves. Become member to get complete analysis, and alerts for buy and sell with targets.

For best services for traders and investors in Indian stock market for multibagger stock calls and intraday stock, nifty, stock futures, options trading calls visit our website www.meghacapital.in 

TVS Motors - Short Term Trading View

TVS MOTORS –

This stock was in consistent uptrend and became a victim of the correction in midcap stocks ongoing since the beginning of the year. The stock made high of 800 and now 200 Rs. lower. Among the auto stocks lot, this stocks has been an above average performer, and compared to the big boys in terms of market cap, this stocks has fared greatly. We believe the present upsurge in market will bring the stock up 10% plus and it can be traded for September expiry on long side. The technical picture is also looking positive.

The given views are subject to change depending on changing market, sector, individual company and global economic conditions. Become member to benefit from market and individual stock moves. Become member to get alerts for buy and sell with targets.

For best services for traders and investors in Indian stock market for multibagger stock calls and intraday stock, nifty, stock futures, options trading calls visit our website www.meghacapital.in