Top Stocks for Positional Trading @ Welspun Corp Buy ( 7 Sep 2017 )

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in WELCORP.

“WELCORP is the stock which I would recommend to buy above Rs 146; this can see a upside to levels closer to Rs150 -152 zones, keep stop loss below Rs 140”.

Welspun Corp Limited is a welded line pipe manufacturing company engaged in offering solution in line pipes with a capacity to manufacture longitudinal submerge-arc welded (LSAW), spiral helical submerged arc welded (HSAW) and high frequency electric resistance welded (HFERW) high frequency induction (HFI) electrical resistance welded (ERW) pipes. The Company also offers coating, bending and double jointing facilities.

Margins for this quarter have been good, but some moderation in margins is expected in later part of the year & I expect the company to maintain trend of volumes of around millions of tonne for this financial year as well.

Although Saudi business will continue to be a bit of a drag. I expects the outlook to be little better in the quarters ahead than what it has been at the end of Q1.

WELCORP was closed 2.49 per cent up today at Rs 144.30 at NSE.

Get the Best Stock Future & Option Calls with Money Maker Research

If you are aware of Future & Option in the market, you will find that future options is pretty well in the future markets. Of late, many new comers choose Stock Futures options, rather than straight futures contracts.

To define the Option, it is the right but not the obligation to buy or sell a futures contract at a determined price. A trader wants to buy Options in the Indian stock market so that he can bet on the price of the futures contract. There are mainly two kinds of options namely- Call option and Put option. If you think that the underlying futures price is crossing higher, then you can buy Call option. In Put option, if you consider that the fundamental future prices will move lower, then you can choose Put option.

Traders are highly recommended to go for share tips so that they can get the complete idea of the market. Money Maker Research offers potential stock future tips to their clients. The predictions made by our experts are based on qualitative and quantitative research of the market trends. We specially devise the stock future services for future prospects of traders. We offer proper follow-ups, positional calls, timely entry and exit updates, news updates to keep informed the traders irrespective of in all categories of stock market trading.

Shankara Share Advice for Tomorrow by Research Team ( 6 Sep 2107

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in SHANKARA.

“SHANKARA is the stock which We would Recommend to buy above Rs 1444; this can see a upside to levels closer to Rs 1510 -1520 zones, keep stop loss below Rs 1360”.

Bangalore headquartered Shankara Building Products is a retailer of home improvement and building products including structural steel, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting and other allied products.

"It is the best proxy to play the anticipated growth in building materials and retail in India, It expects return on capital employed to improve given strong SSG, minimal capex and efficient working capital. Revenue and net profit is expected to grow at CAGR of 25 percent and 40 percent over FY17-19, respectively.

We expect debt to equity ratio to see a slide in the next 2-3 years.

SHANKARA was closed 6.65 percent up today at Rs 1402.10 at NSE.