InvestorQ : Hi Diksha, I am holding Power Grid and IOCL and both are in small profits. Do you suggest I book profits on these two stocks. Also, any fresh stocks to buy?
Mary Joseph made post

Hi Diksha, I am holding Power Grid and IOCL and both are in small profits. Do you suggest I book profits on these two stocks. Also, any fresh stocks to buy?

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diksha shah answered.
3 weeks ago
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I am not suggesting any profit booking ideas for Wednesday the 26 May. Both Power Grid and IOCL are just marginally above their purchase price. I think there is a lot of fundamental steam left in both these stocks and we could see lot more traction in these PSU stocks. Just hold on for now. Here is what I suggest.

· Power Grid at Rs.227 (CMP-233) – Suggest to hold

· IOCL at Rs.107 (CMP – 110.20) – Suggest to Hold

Regarding your query on fresh stock buying, for Wednesday I am really not giving any fresh calls as there will be a combined settlement on Thursday. I think you should wait out the F&O expiry on Thursday and then we get a clear picture of rollovers and the side of rollovers. Keep an eye on the stimulus package as it would be a big booster dose.

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