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.
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.