InvestorQ : Can I take profits on EID Parry? Do you suggest any fresh stocks to add for 23 March?
indhumathi Sayani made post

Can I take profits on EID Parry? Do you suggest any fresh stocks to add for 23 March?

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diksha shah answered.
9 months ago
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I agree with you that EID Parry is above our buy price but it is still too early to take profits. Sugar is a long term story and you must let the ethanol blending story play out. I suggest you can wait for better levels, which I will intimate as and when it comes by. There are a number of stocks where see traction like Tata Chemicals, Birlasoft, Bharti Airtel, DLF and EID Parry and I suggest you should make the most of the rally when these stocks bounce back.

· EID Parry at Rs.342 (CMP-345) – Suggest to hold

I am not adding any fresh recommendations for Tuesday. ON Monday, I had suggested to buy Tata Power and Power Grid. These are both medium term calls so you must keep some patience. However, if you missed out power stocks or the sugar stocks on Monday and last week, you can buy these stocks slightly lower also and hold on.

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