Hi Diksha, I bought Tata Power and Mazagon Docks lower so am in profits? Can I exit them and any new stocks to buy?

For Thursday, I am not really suggesting any changes to the portfolio for the time being and am asking to hold on to positions as you are a lot lighter. For Tata Power and for Mazagon, the prospects are still quite good, so you should hold on for longer. Here is my view.

· Tata Power at Rs.104 (CMP-102) – Suggest to hold

· Mazagon Docks at Rs.211 (CMP-211) – Suggest to hold

Let me turn to your query on what to buy. For Thursday, I suggest to buy two very niche and focused players; one in pharma and one in sugar. You can buy Sun Pharma Advanced Research or SPARC at Rs.185 for targets of Rs.230 in 2 month. In addition, you can also buy Dwarikesh Sugars at Rs.49 for targets of Rs.65 in 1-2 months. Remember, these are momentum stories so don’t get too involved with them for the long term.