Hi Diksha, what is your view on the two stocks that you had recommended and are in profits right now viz. Bharat Electronics and Renuka Sugars?

In fact, I have been suggesting to book profits in both these stocks. The momentum is in favour but the stocks have given attractive returns and it is time to deploy the capital elsewhere and there are quite a few attractive names likely to emerge. Here is the gist of what I am suggesting with the price levels.

· Shree Renuka Sugars Rs.41 (CMP – 49.50) – Book Profits

· Bharat Electronics Rs.212 (CMP – 234.90) – Book Profits

Let me add a caveat that in case you are willing to wait for longer, you can absolutely do so but in these volatile markets I would also suggest to keep taking profits off the table. In volatile markets, profit is what you book and all else is book profits.