Which are the best multibagger stocks for 2018???
There have been many things that have changed the Indian stock market… Major ones are listed below…!!!
1) China-India Relations: As you can find out that Indians are facing a lot of trouble from China…Boycotting Chinese goods is happening…It can change the Indian market in many ways.
2) GST: As we know GST was welcomed by the Indian stock market as it appeared green. But the impact of GST is yet to be seen, it will show its colors after the 2018 budget.
3) 500 and 1000: Though 99% of 500 and 1000 rupee notes were collected and it has been marked as failure of our prime minister. Most of the money is deposited in banks. The process is still going on and it is expected that this collected money will be used to increase the GDP.
4) Fall in crude oil rates: Since there is a lot of fall in the price of crude oil since last year, but there is no change in the prices of petrol and diesel, the money gets deposited with the government. Because it is also possible that crude oil rates will fall further.
5) Reliance… There was a big surprise in the form of Jio by Reliance Group. Many more surprises are waiting ahead.
These were the few points that will affect the stocks:
Given below are the recommendations given by Future Live Services in view of these conditions.
TCS (Tata Consultancy Services)
• TCS has been divided in the ratio of 2:1 a month ago. You are strongly advised to buy from here.
• Buy TCS at 1800
• Target 2100/2300/2500 (next 3-6 months)
if bought 500 qt at 1850 then total investment will be 900000
If you exit the target first then your total profit will be 150000 so your return on investment will be around 16%.
hexaware
• Buy Hexaware at Rs.450
• Target 550/700/900 (next 3-6 months)
If 500 Qts are bought at 450 then the total investment will be 200000 INR
If you exit the target first then there will be a profit of 75000 hence 37.5% return on your investment.
All the companies mentioned are the growing companies in the IT sector and as the IT sector is booming nowadays. Also they have consistently performed well quarter on quarter and are undervalued in the industry they are in.
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