Wednesday, June 13, 2018

How to make more than 10% over short term when Midcap index was down by 10%?

Over past month we have seen serious selloff in Midcap and Smallcap indices. Midcap index infact corrected by more than 10%. But even during such time we have been able to identify stocks that defied the gravitational pull and moved higher.

Dabur is one such stock that we recommended in our Multibagger research report based on various studies like Time cycles, Elliott wave, indicators

See yourself how Dabur defied the down move seen on Midcap index and moved sharply higher.

Dabur daily chart compared with Midcap index

Multibagger stock recommendation: Dabur

Buy Price – 340 - 350

Time Horizon – 1 - 2 years

Investment – 5% of capital

Target price – ??? levels (refer the report)

Stoploss - ??? (refer the report)

Refer detailed research below

Wave analysis:

Dabur India Ltd is into FMCG sector with Market Capitalisation of over Rs 61,900 Crore. The major reason to pick up this stock is that it has been into a long bull trend since 2003. The overall structure of this stock is explained below.

Elliott wave perspective: As shown in weekly chart of Dabur, from 2012 to mid-2016 prices moved higher from the levels of 92 to 316 levels in the form of primary wave …… which is more than 240% increase. After the strong bull run this stock was contained within a consolidation and prices drifted lower from the high of 316 levels to 265 levels in the form of wave …….. Post which prices completed wave

108 weeks cycle, Channeling technique: and much detailed explanation given in the Multibagger research report.

In a nutshell, various indicators like Time cycle, Exponential Moving Average, Elliott wave counts and channel technique suggests that we can expect this stock to rally towards ….. levels over next 1 to 2 years with …….. as very important support.

The above analysis clearly shows how one can still identify the stocks from positional investment perspective. Even when the broader markets were in doldrums this stock managed to move higher all the while. It has been slowly and steadily garnering momentum but all investments have to be done with strict stop that we mention in our “Multibaggerresearch report”

Create your portfolio of stocks that have potential to give 80% to 100% returns over 1 to 2 years. However, one has to take a systematic and disciplined approach using stoploss and partial profit bookings for capital protection. Create wealth using scientific method. Subscribe now to “Multibagger research report” here

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