What are the best multibagger stocks for 2018?
Many things have happened that have changed the Indian Stock Exchange … The main ones are listed below … !!!
1) China-India Relations: As you can see, Indians are facing many problems from China … Boycott of Chinese good is on the way … This can change the Indian market in many ways.
2) GST: As we know, GST was welcomed by the Indian Stock Exchange as it was shown in green. But the impact of GST is yet to be seen, it will show its colors after the 2018 budget.
3) 500 and 1000: Although 99% of the 500 and 1000rs notes were collected and this is marked as a failure of our Prime Minister. Most of the money accumulates in the banks. The process is still underway and I hope that this money raised will be used for GDP growth.
4) Drop in crude oil tariffs: since there has been a lot of drop in the price of crude oil since last year, but no change in the price of gasoline and diesel results in an accumulation of money towards the government. As it is also possible that crude oil rates fall further.
5) Trust … As Jio was a big surprise from Reliance Group. Many more surprises await ahead.
These were very few points that would affect the actions:
Observing these conditions below are the recommendations given by Future Live Services.
TCS (TATA Consulting Services)
• TCS has split 2: 1 within a month. From here you are strongly recommended to Buy.
• Buy TCS in 1800
• Objective 2100/2300/2500 (next 3-6 months)
If you buy 500 Qts at 1850, the total investment would be 900000
If you go out with the first goal, your total profit will be 150,000, so about 16% return on your investment.
Hexaware
• Buy Hexaware at 450
• Target 550/700/900 (next 3-6 months)
If you buy 500 Qts to 450, the total investment would be 200000 INR
If you go out with the first goal, 75,000 will be Profits, so a return on investment of 37.5%.
All the companies mentioned are growth companies in the IT sector and as the IT sector is booming nowadays. Additionally, they had posted consistent quarter-over-quarter performance and were undervalued in the industry they’re in.
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