InvestorQ : Hi Diksha, can I take profits on Cadila, after the sharp rally on Friday, 09 April?
Arusha Ray made post

Hi Diksha, can I take profits on Cadila, after the sharp rally on Friday, 09 April?

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diksha shah answered.
8 months ago
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In fact, for 12 April, I am suggesting to book profits on Cadila Healthcare and Tata Motors. This will give you some scope to churn out of profitable positions. As I maintained consistently over last few weeks, conviction for buying will only come if the Nifty decisively breaks above 15,100 and Sensex breaks above 50,000. Here are profit booking ideas.

· Cadila Healthcare at Rs.473 (CMP-518) – Book Profits

· Tata Motors at Rs.308 (CMP-318) – Book Profits

Now let me turn to your query on what to buy. I suggest accumulating Laurus Labs at Rs.421 with a target of Rs.480 in 2 months. The stock is an under-priced pharma play and could find a huge opportunity opened by COVID. You can hold on to the remaining trading positions and look to accumulate MIDHANI and Mazagon if you get it close to the given price.

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