It index-gives-breakout

1. IT Index gives Breakout, Turns out to be the Best Bets
IT stocks had been all time favorite investment area for many
investors for a long time at it had the potential to yield high
returns.
In February 2009, the Index was trading at approximately 2000
level. Till December 2010, it had rallied almost 275 per cent to
trade at 7500 level. In 2011, the Index corrected and slipped by
almost 33 per cent to 5000 level. Then again, in March 2015, the
Index pulled itself together and rallied 150 per cent to make the
high of 12800. Thereafter, the correction followed again, bringing the Index down to the low
of 9300, declining 27 per cent in November 2016.
The recent correction has been due to two main reasons, slowing growth and the election of
Donald Trump as US President. Most IT companies have reduced their revenue guidance for
the upcoming quarter. The sector sunk further into uncertainty as the Republican candidate
Donald Trump was elected as the new president of the US. The country accounts for around
60% of India’s software exports. During his campaign, Trump had constantly spoken against
IT outsourcing and immigration. He even talked about Indian companies such as Tata
Consultancy Services (TCS) and HCL Technologies. Trump is supposed to began his reign
from 20th January and the scenario for the Index will get a clearer picture then.
However, today, the It Index gave the breakout of three week high of 10110 with the next
target of 10448. This makes the space attractive for the investors and hence it is suggested to
keep an eye on this Index which can be a wealth creator in coming days.

2. Overview of Best IT stocks in Cash Segment:
In the above table, Nelco share price has seen the highest percentage change today which is
also the top 500 recommendation by Dynamic Levels. Nelco was followed by Trigyn share
price that surged 2.9 per cent and FSL share price that rose 2.4 per cent. Trigyn is the
multibagger recommendation while FSL is the top 500 identified stock by Dynamic Levels.
Symbol LTP %
CHG
Eps % 52
Week
high
Correction
from 52
Week
High
Recent
Low
Buying
From
Recent
Low
%
Recent
High
Correction
from
Recent
high %
TRIGYN 96.5 2.9 -15.00% 140.6 -31.37% 78.8 22.46% 128 -24.61%
CYIENT 494 1.3 31.50% 554 -10.83% 440 12.27% 554 -10.83%
VAKRANGEE 273.95 1.7 3.90% 284.6 -3.74% 245 11.82% 284 -3.54%
ECLERX 1482 1 1.10% 1894 -21.75% 1351 9.70% 1680 -11.79%
MTEDUCARE 116.15 -0.8 82.50% 200 -41.93% 106.25 9.32% 150.85 -23.00%
NELCO 74.5 3.8 -37.70% 128.4 -41.98% 68 9.56% 99.15 -24.86%
ONMOBILE 84.35 1.9 -54.80% 140.8 -40.09% 77.85 8.35% 126.65 -33.40%
FSL 36.5 2.4 -1.00% 53.65 -31.97% 33.8 7.99% 39 -6.41%
ZENSARTECH 1002 0.9 -6.10% 1136 -11.80% 937 6.94% 1073 -6.62%
TAKE 129 1.1 -4.60% 209.8 -38.51% 121 6.61% 147 -12.24%
QUICKHEAL 234.45 1.4 1172.90% 330 -28.95% 221 6.09% 257 -8.77%
SONATSOFTW 151.7 2.4 2.90% 186 -18.44% 144 5.35% 174.7 -13.17%
GEOMETRIC 237.5 1.2 42.90% 251 -5.38% 225 5.56% 250 -5.00%
HGS 503 0.9 -27.70% 625 -19.52% 481 4.57% 595 -15.46%
MPHASIS 510.05 -0.1 5.80% 624 -18.26% 491 3.88% 560 -8.92%
TEAMLEASE 851.05 1.3 22.50% 1209.45 -29.63% 823 3.41% 1040 -18.17%
FINANTECH 71.35 0.6 130.20% 134.35 -46.89% 69 3.41% 82.75 -13.78%
PERSISTENT 595.85 -0.2 0.30% 798 -25.33% 583 2.20% 707 -15.72%
LTI 609.5 0.7 -3.50% 691.5 -11.86% 598 1.92% 656 -7.09%

3. F&O IT Stocks recommendation:
These are the top five recommended IT stocks from F&O segments. Tech Mahindra share
price has taken the biggest leap of 6 per cent today, followed by Infosys share price rise of
5.03 per cent. HCL tech, TCS and Wipro share price rose below 5 per cent. All the F&O
stocks are recommended top 500 stocks by Dynamic Levels.
Company ADM EPS EPS
growth
LTP % change
Tech Mahindra 12.48 7.25 -14.1% 486 6
HCL Tech 19.68 14.27 -1.9% 800.50 4.26
Infosys 23.02 15.77 4.9% 977.10 5.03
TCS 49.69 33.43 4.3% 2295 4.87
Wipro 9.85 8.53 2.4% 465.50 3.27
Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research
team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
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Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX & NCDEX. We declare
that our activities were neither suspended nor we have defaulted with any stock exchange authority with whom we are registered. SEBI,
Exchanges and Depositories have conducted the routine inspection and based on their observations have issued advise letters or levied minor
penalty on for certain operational deviations.
Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research Analyst/
his Relative:
 Do not have any financial interest / any actual/beneficial ownership in the subject company.
 Do not have any other material conflict of interest at the time of publication of the research report
 Have not received any compensation from the subject company in the past twelve months
 Have not managed or co-managed public offering of securities for the subject company.
 Have not received any compensation for brokerage services or any products / services or any compensation or other benefits from the
subject company, nor engaged in market making activity for the subject company
 Have not served as an officer, director or employee of the subject company
Article Written by
Tanaya Nath