InvestorQ : Hi Diksha, I have two specific questions on stock holdings, can I exit Apollo Tyres and should I trigger stop loss in Bharti? Also, do you suggest buying any stocks for 02 March?
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Hi Diksha, I have two specific questions on stock holdings, can I exit Apollo Tyres and should I trigger stop loss in Bharti? Also, do you suggest buying any stocks for 02 March?

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diksha shah answered.
1 month ago
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For 02 March I am not suggesting any changes to the holdings at this point of time. While there is some profit on Apollo Tyres, I honestly see a lot more traction on the stock. I think, you should ideally hold on to Apollo. In the case of Bharti, it has fallen from our suggested price but you should use these dips to average Bharti Airtel holdings at lower levels.

Apollo Tyres at Rs.235 (CMP-245) – Suggest hold

Bharti Airtel at Rs.546 (CMP-533) – Average at lower prices

Let me now turn to your question on what stocks to buy for 02 March. I have two specific stock suggestions for you on Tuesday 02 March. In both the cases, don’t jump into the stock if you see a gap-up opening because in these stocks the price of entry matters a lot. Try to buy only around the suggested price.

· Firstly, you can look to purchase BHEL at Rs.49 for upside targets of Rs.60 in 1-2 months. On the one hand, BHEL is likely to be one of the big beneficiaries of Make in India Atma Nirbhar program, due to its outsourcing capabilities. Secondly, BHEL has already shown earnings traction in the third quarter of the current fiscal year.

· Another stock I suggest to buy is Petronet LNG at around the price of Rs.250 and you can set an upside target of Rs.278-280 in a timeframe of the next 1-2 months. The company has benefited from the strong positive traction in the LNG market and it could be a direct beneficiary in the coming quarters.

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