Hi Diksha, can I exit and book profits in IRB Infra and NMDC for the day? Also, do you suggest any fresh buying ideas for 22 June?

For Tuesday, I am suggesting you to exit IRB Infra at profits at around the Rs.155 levels, so don’t jump in and exit on opening but try to bargain for decent levels and use the range of 155-158 as a reference point. You can hold on to the rest of the positions for the time being. Here is a quick response to your specific query.

· NMDC at Rs.185 (CMP – 186) – Suggest to Hold

· IRB Infra at Rs.143 (CMP – 152) – Book Profits

Let me now turn to your query on what to buy for Tuesday? I suggest two stocks viz Bandhan Bank and MOIL. By Bandhan Bank at Rs.340 for targets of Rs.385 on the special MFI package signed with the Assam government to alleviate the NPAs substantially. You can by the other stock, MOIL, at Rs.197 for targets of Rs.220 in 1 month time frame. You can set stop loss targets based on your risk appetite but let it as close as possible.