InvestorQ : Hi Diksha, what is your view on the stocks recommended by you, specifically Trident and GAIL, which I am holding? Also, do you have any fresh ideas at lower levels?
Arusha Ray made post

Hi Diksha, what is your view on the stocks recommended by you, specifically Trident and GAIL, which I am holding? Also, do you have any fresh ideas at lower levels?

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diksha shah answered.
2 months ago
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There are concerns in the market especially after the sharp correction in the last few days, which has been sharp and the VIX has also been rather high. However, this may not be the right opportunity for you to book profits at these levels. At the same time, what the correction does give you is fresh buying opportunities.

Let me now turn to the stocks that you can buy for 27 January

Remember, this is the time to selectively pick stocks in the market. We suggest picking up 3 stocks which have given good quarterly performance and also have reasonable valuations in their favour. Here I am suggesting you 3 stocks to accumulate at attractive levels.

· You can look to buy JSW Steel at Rs.382 for targets of Rs.425 in 2-3 months. The company reported a sharp turnaround into profits and the predominant steel business is going to gain from a bounce in domestic as well as global demand.

· You can tap the two-wheeler space by buying TVS Motors at Rs.540 for targets of Rs.580 in 1-2 months, to play the re-rating of two-wheeler stocks in India. Two-wheeler stocks are trading at all-time highs and it could drive entry level demand in a big way.

· Tata Power could be a dark horse on the back of its solar foray. With the latest orders received by Tata Power Solar, it has an order book position of Rs.10,000 crore on solar alone. Buy Tata Power at Rs.79 for upside targets of Rs.95 in 1 month time.

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