Hi Diskha, are there are any stock where I need to exit positions considering that the Nifty is approaching 13,000 levels?

In the last few days while adding new positions, I have also suggested cutting down positions in select stocks. Today I suggest you scale down on speculative positions and exit PNB, SAIL, IDFC First Bank and BHEL. They may be a tad too volatile in these conditions.

PNB at Rs.29 (CMP-30.10) – Exit at Profit

SAIL at Rs.39 (CMP-43.10) – Exit at Profit

IDFC First Bank at Rs.33 (CMP-36.90) – Exit at Profit

BHEL Ltd at Rs.28 (CMP-32) – Exit at Profit

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

UPL given at 480 (CMP-427) – Suggest hold at average price

Shilpa Medicare given at 501 (CMP-430) – Suggest hold at average price

Godrej Agrovet at 533 (CMP-513) – Suggest to hold

Cipla at Rs.760 (CMP-747) – Suggest to hold

Power Finance Corp at Rs.101 (CMP-104) – Suggest to hold

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

Federal Bank at Rs.58 (CMP-58.50) – Suggest to hold

Bandhan Bank at Rs.348 (CMP-354) – Suggest to hold

M&M Finance at Rs.154 (CMP-159) – Suggest to hold

The next view on smaller stocks will be after Nifty decisively scales above the 13,000 mark with volumes and backed by a macro revival.