InvestorQ : Hi Diksha, can I book profits on my long positions in L&T Finance and IRB Infra as I am in profits? Also, do you suggest any fresh buys for 16 June?
Dia Deshpande made post

Hi Diksha, can I book profits on my long positions in L&T Finance and IRB Infra as I am in profits? Also, do you suggest any fresh buys for 16 June?

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diksha shah answered.
6 months ago
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I understand that you are making small profits on L&T Finance Holdings and also on IRB Infra. However, I would suggest that you hold on to the stock for now and will tell you a better level to exit when the opportunity arises. For Wednesday, I am not giving any exit calls and you can hold to positions for now. Here is a quick take on the two stocks.

· L&T Finance Holdings at Rs.93 (CMP – 98.35) – Suggest to Hold

· IRB Infra at Rs.143 (CMP – 153) – Suggest to Hold

What to buy?

Regarding fresh buys, I would suggest buying into BHEL on Wednesday at a price range of Rs.68-69 and keeping price targets of Rs.85 over 2-3 months. The company is offering good value as it is emerging as a potential play on the outsourcing story in defence and other capital intensive businesses. Also, in case you missed out buying Spencer Retail and Triveni Engineering in last few days, you can still buy subject to being at or below the given price.

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