InvestorQ : What is your view on Shilpa Medical, Adani Ports and DLF? I am long on all three at higher levels? Do you suggest any new stocks to buy for 22 April?
Debbie Mascarenhas made post

What is your view on Shilpa Medical, Adani Ports and DLF? I am long on all three at higher levels? Do you suggest any new stocks to buy for 22 April?

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diksha shah answered.
2 weeks ago
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As of now, all the three stocks mentioned by you are to be held. Shilpa you have seen the sharp rally in the last few weeks and you should get a profitable exit soon. Adani Ports, is around the purchase price and the only worry is DFL. However, the core DLF franchise is still intact and you can look to average DLF at lower levels. Here is a quick summary for you.

· Shilpa Medicare given at 460 (CMP- 404) – Hold at Averaged Price

· DLF at Rs.324 (CMP-234) – Average at lower levels.

· Adani Ports at Rs.745 (CMP-721) – Suggest to hold

Let me now turn to your query on what you should be buying . For now, I am not suggesting any fresh calls for Thursday as you should allow the market to adjust to the SGX correction on Wednesday. Even after there is a gap down, Asian cues will be the key as we have seen in the last few days that markets struggle to maintain higher levels. The new lockdown rules imposed could be a major event risk for the markets and that is the headwind.

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