InvestorQ : Hi Diksha, do you suggest any profit booking in India Hotels? Can I hold to Burger King? Do you have any new trading ideas for 23 June?
Debbie Mascarenhas made post

Hi Diksha, do you suggest any profit booking in India Hotels? Can I hold to Burger King? Do you have any new trading ideas for 23 June?

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diksha shah answered.
6 months ago
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With the latest Fed chair testimony being loaded in favour of the bulls, you can wait for a couple of days. On Tuesday, I had booked out of IRB and hence am not suggesting any exits for Wednesday. Let us ideally wait for the Powell testament to play out fully in the market and my hunch is it will be positive. Here is a take on the two stocks you queried.

· Burger King at Rs.171 (CMP-157) – Suggest hold for now

· Indian Hotels at Rs.136 (CMP – 140) – Suggest to Hold

Regarding fresh buying ideas, I am not suggesting any fresh buys in the market on Wednesday. However, if you could not get hold of the two calls of Tuesday viz. Bandhan Bank and MOIL, you are still free to pick them up provided it is not too far off from the recommended price. You can look at these stocks with a 2-3 month view on markets.

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