InvestorQ : Disha, do you suggest any profit booking in SBI Life, which I am holding? Also do you have any fresh calls for trading on 10 February?
sarah Leo made post

Disha, do you suggest any profit booking in SBI Life, which I am holding? Also do you have any fresh calls for trading on 10 February?

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diksha shah answered.
3 weeks ago
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Let me talk about SBI Life, your specific query, first. The stock has just come out of a consolidation on news that the new business premiums of the private insurers have improved. You must be prepared for more upsides, probably well above the 900 mark in the short run. Ideally, we can wait on this stock for some more time.

I am not, therefore suggesting any changes on Wednesday in your holdings and you can hold on to the positions as of now. This week, I will also specifically review the laggards in the list and look to free up some capital if the movement is taking too long. I expect good traction on SBI Life, Shilpa and Burger King among the current list of stocks.

I am not also suggesting any fresh calls for Wednesday, but you can look to pick in to stocks that you may have missed out. I am only reiterating trades given on Monday. Traders who missed out on stocks like Cadilla, VRL Logistics and Birlasoft on Monday can buy these stocks at or even slightly above the suggested prices for a medium term perspective.

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