#AskBQ is BloombergQuint's daily offering where market experts help investors make the right investment choice — be it in equities, commodities or the derivatives markets.
On Wednesday's episode, Gaurang Shah, head of market strategy at Geojit Financial Services and Rahul Randeria, technical analyst at IFCL Financial Services gave their views on Jet Airways, MindTree, Natco Pharma, SBI and many more.
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Here are the edited excerpts of the interview.
Ritesh Tiwari: I bought 400 shares of Tata Motors at Rs 403 with a long-term view. Should I hold or sell?
Rahul Randeria: I would advise you to hold as the momentum seems to be picking up in the stock. The stop loss can be maintained at Rs 355, with a long-term target of Rs 490.
Gaurang Shah: I would advise you to hold for the long-term.
Sumod Dani: I bought 100 shares of Mindtree at Rs 505 with a long-term view. Should I hold or sell?
Rahul Randeria: The stock is making a base looking at price volume action. I would advise you to hold with a stop loss of Rs 445, with a long-term target of target Rs 548.
Gaurang Shah: I would advise you to hold for long-term.
Amit Das: I want to invest in South Indian Bank with a short-term view. Please advise.
Rahul Randeria: The set up looks positive. However, the stock is a slow mover. Avoid for the short-term. The stock is positive for long-term. I would advise you to buy with a stoploss of Rs 25, with a long-term target of Rs 35.
Gaurang Shah: I would prefer Federal Bank for long-term.
Devendra Sodhi: I bought 150 shares of SBI at Rs 292 with a long-term view. Should I hold or sell?
Rahul Randeria: The setup is in deep oversold region . One can average at current levels. I would advise you hold with a stoploss of Rs 232, with a target of Rs 314 for the 12 -18 months.
Gaurang Shah: I would advise you to hold and add for long-term.
Mayur Sharma: I bought 200 shares of RCF at Rs 95 with a long-term view. Should I hold or sell?
Rahul Randeria: The stock is making rounding bottom and the momentum is positive. One can hold with a stoploss of Rs 75, with a target of Rs 130 in 12-18 months.
Gaurang Shah: I would advise you to hold for long-term.
Viral Thakkar: I bought 500 shares of REC at Rs 175 with a short-term view. Should I hold or sell?
Rahul Randeria: The setup is over sold. One can average at the current levels and one should hold with a stoploss of Rs 136 and one-year target at Rs 201.
Gaurang Shah: I would advise you to hold for long-term.
Akhilesh Singh: I bought 100 shares of PFC at Rs 123 with a long-term view. Should I hold or sell?
Rahul Randeria: Positive divergence is seen. One should hold with a stoploss of Rs 109, with one-year target at Rs 160.
Gaurang Shah: I would advise you to hold for long-term.
Praveen Madhupathi: I bought 500 shares of Reliance Power at Rs 41 with a three to five year view. Should I hold or sell ?
Rahul Randeria: Hold with a stoploss of Rs 36 and target at Rs 47. Take a review at Rs 47.
Gaurang Shah: I would advise you to sell. I prefer Tata Power or NTPC in the sector for long-term.
Sunil Jain: I want to invest in HFCL with a long-term view. Please advise.
Rahul Randeria: I would advise you to buy in small quantity in the range of Rs 24 to Rs 22. Strict Stoploss at Rs 19, with one-year target at Rs 35.
Gaurang Shah: I would advise you to avoid it. I prefer L&T finance and hold for long-term.
Richa Shukla: I bought 100 shares of Jet Airways at Rs 568 with a long-term view. Should I hold or Sell?
Rahul Randeria: One can average in the range of Rs 475-450. I would advise you to hold with a stoploss of 426 one-year target at Rs 586.
Gaurang Shah: I have no view on the stock. I prefer Interglobe Aviation for long-term.
Ramesh Tiwari: I bought 50 shares of Natco Pharma at Rs 700 with a two-year view. Should I hold or sell?
Rahul Randeria: The momentum picking up. I would advise you to buy more on corrections only. Buying range Rs 850-800 and stoploss at Rs 757, with one-year target at Rs 1060.
Gaurang Shah: I would advise you to hold for long-term.
Analysts' Disclosure
Rahul Randeria: I have no financial interests in the stocks discussed.
Gaurang Shah: I have no financial interests in the stocks discussed.
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