InvestorQ : Hi Diksha, can I book profits in Zomato, I am up almost 11%. Also, do you suggest any fresh stocks to buy for 03 September?
indhumathi Sayani made post

Hi Diksha, can I book profits in Zomato, I am up almost 11%. Also, do you suggest any fresh stocks to buy for 03 September?

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diksha shah answered.
3 months ago
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In fact, ahead of the weekend, I am also suggesting to book profits in Zomato. You are right that the stock has rallied about 10-11% from the price suggested, so it is time to churn profits from the stock. You can hold on to the other positions for now, although IGL and Cipla are two stocks to watch as next candidates for a profitable exit. Here is summary.

· Zomato Rs.123 (CMP – 136.25) – Book Profits

Let me turn to your query on fresh buying. For Friday, I suggest buying into JSW Steel at Rs.680. Among steel companies, this is still one of the very under-priced stocks considering its capacity. You can buy with a 2-month time frame and target price of Rs.825 on the stock. Also, if you missed my previous call on Devyani, you can still buy at Rs.124.

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