Hi Dikshi, do you have any suggestions to exit any of my current positions? I have taken positions on most of the stocks that you have been recommending?
For 10 December, Thursday, I would suggest that you book profits in Indian Oil and VImta Laboratories. While UPL is also in profits, we will wait for some more time as the rally has just about commenced on the stock. We will wait and watch on the other positions.
UPL given at 480 (CMP-495) – Suggest hold at average price
Shilpa Medicare given at 501 (CMP-476) – Suggest hold at average price
Godrej Agrovet at 533 (CMP-529) – Suggest to hold
Cipla at Rs.760 (CMP-763) – Suggest to hold
Indian Oil Corp at Rs.87 (CMP-94) – Book Profits
Tata Steel BSL at Rs.35 (CMP-38) – Suggest to hold
Manappuram Finance at Rs.173 (CMP-174) – Suggest to hold
NTPC at Rs.98 (CMP-99) – Suggest to hold
SBI Cards at Rs.840 (CMP-844) – Suggest to hold
KNR Construction at Rs.312 (CMP-305) – Suggest to hold
Vimta Labs at Rs.158 (CMP-177) – Book Profits
Reliance Industries at Rs.1990 (CMP-2026) – Suggest to hold
Ambuja Cements at Rs.256 (CMP-254) – Suggest to hold
Broadly, I see tech stocks under some risk in the next few days considering the sell-off in the NASDAQ and the downgrades of tech stocks. However, as there are no technology stocks in our current recommendation list, there is not much to really worry about.
For 10 December, Thursday, I would suggest that you book profits in Indian Oil and VImta Laboratories. While UPL is also in profits, we will wait for some more time as the rally has just about commenced on the stock. We will wait and watch on the other positions.
UPL given at 480 (CMP-495) – Suggest hold at average price
Shilpa Medicare given at 501 (CMP-476) – Suggest hold at average price
Godrej Agrovet at 533 (CMP-529) – Suggest to hold
Cipla at Rs.760 (CMP-763) – Suggest to hold
Indian Oil Corp at Rs.87 (CMP-94) – Book Profits
Tata Steel BSL at Rs.35 (CMP-38) – Suggest to hold
Manappuram Finance at Rs.173 (CMP-174) – Suggest to hold
NTPC at Rs.98 (CMP-99) – Suggest to hold
SBI Cards at Rs.840 (CMP-844) – Suggest to hold
KNR Construction at Rs.312 (CMP-305) – Suggest to hold
Vimta Labs at Rs.158 (CMP-177) – Book Profits
Reliance Industries at Rs.1990 (CMP-2026) – Suggest to hold
Ambuja Cements at Rs.256 (CMP-254) – Suggest to hold
Broadly, I see tech stocks under some risk in the next few days considering the sell-off in the NASDAQ and the downgrades of tech stocks. However, as there are no technology stocks in our current recommendation list, there is not much to really worry about.