Hi Diksha, what do you suggest I should do with some of the open positions in stocks that you had suggested? Can I hold at these levels?

On Friday, you would recollect that we had exited Equitas and M&M Finance. For Wednesday you can look to book profits in Federal Bank and Motherson Sumi. Despite good gains on DLF, you can wait for the momentum to continue. Here is a quick listing.

Tata Consumer given at 520 (CMP-530) – Suggest to Hold

UPL given at 480 (CMP-434) – Suggest hold at average price

Shilpa Medicare given at 501 (CMP-474) – Suggest hold at average price

Godrej Agrovet at 533 (CMP-510) – Suggest to hold

Cipla at Rs.760 (CMP-757) – Suggest to hold

Indian Oil Corp at Rs.87 (CMP-86) – Suggest to hold

Federal Bank at Rs.58 (CMP-66) – Book Profits

Motherson Sumi at Rs.143 (CMP-157) – Book Profits

Hindalco at Rs.225 (CMP-229) – Suggest to hold

DLF Ltd at Rs.189 (CMP-196) – Suggest to hold

Tata Steel BSL at Rs.35 (CMP-36) – Suggest to hold

Tube Investments at Rs.805 (CMP-813) – Suggest to hold

Some of the FMCG and healthcare names are getting back after the fall. For now we look to hold on to these positions and I think you should wait for an opportune moment to exit. Ideally, stay positive on the market till the VIX is low i.e. below 22 mark.