Should you add shares of Crisil Ltd.? Should you hold shares of Infosys Ltd. at the current market price? Have you lost the chance to buy HDFC Bank Ltd. stock at an attractive price?
Vaishali Parekh, vice president of technical research at Prabhudas Lilladher Pvt., and Rajesh Agarwal, head of research at AUM Capital, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Crisil (CMP: Rs 4,321.6)
Parekh: Buy
Has seen a good corrective move, bouncing back from the oversold zone.
Can make entries at these levels.
Risk-reward ratio is also favourable.
Stop Loss at Rs 4,100.
Infosys (CMP: Rs 1,615.4)
Agarwal: Hold
Very bullish in the long term.
There have been concerns about IT companies not getting new orders and all those things but have been seeing good order inflow in the last two quarters.
Any fall to Rs 1,500 would be a good opportunity to buy.
Continue to hold.
Mahanagar Gas (CMP: Rs 1,136.1)
Parekh: Hold
Beaten down to quite an extent.
Hold for a bounce.
Keep a stoploss of Rs 1,100 levels.
Once we see a bounce, Rs 1,250-1,300 is likely.
HDFC Bank (CMP: Rs 991.2)
Agarwal: Hold
Depends on whether you're a long-term investor or you're chasing momentum.
For a long-term horizon, would go with this bank.
Doing very well.
Going to report profits this year.
No momentum at this point of time, no short-term gains.
Bajaj Finance (CMP: Rs 986.8)
Parekh: Buy
NBFCs doing well, currently at a good support.
Buy this and look for a good target of Rs 1,100 or so.
Motilal Oswal (CMP: Rs 855.75)
Agarwal: Hold
Company has been doing well, valuations are on the higher side.
Better NBFCs for the long term like Poonawalla.
Can hold.
Can be considered as a momentum play for a target of Rs 900 for the next quarter or so.
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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