QuickGains

Stocks Screened as per below parameters on Screener.in and then Technically Analysed.

Results of this study would be analysed after 3 months. ;-);-)

Sales growth 5Years > 10 AND
Profit growth 5Years > 18 AND
OPM 5Year > 15 AND
Debt to equity < 2 AND
Current ratio > 1.5 AND
Altman Z Score > 3 AND
Average return on equity 5Years > 15 AND
Average return on capital employed 5Years >20 AND
Return on invested capital > 15 AND
Sales last year / Total Capital Employed > 2 AND
Average dividend payout 3years >10 AND

Price to Earning < 20 AND
Return on capital employed > 22






Mindtree (478.80) can do 530 - 535 in ST. Would keep 465 SL.




Eclerx ... Not a technical buy.

Stovec.... Stock in a very strong bull run. Consolidating at current juncture. Would buy with SL below 2000 on closing basis (liquidity an issue). Close above 2200 can fetch 2500 to 2900+


Hexaware (225.90) ... Would accumulate between 218 - 222 SL below 215. Can do 250, 285, 300+ in ST to MT.


TCS (2499) ... Would accumulate between 2450 - 2500. SL 2410. TG 2750. Close Above 2800 would mean new bull orbit taking stock to 3300+ in 3 to 6 months.



Tech Mahindra (500)...Would accumulate on dips up to 440 or buy in momentum above 520. Minor resistance at 580. Stock can go up to 750 in 3 to 6 months.



All of the above is purely for study purpose. Do not own any stock at the time of publishing. Not a recommendation to buy.