Should you add shares of Kalyan Jewellers Ltd.? Should you hold shares of Bajaj Auto Ltd. at the current market price? Have you lost the chance to buy Max Healthcare Institute Ltd.'s stock at an attractive price?
Avinash Gorakshakar founder of Avinashmentor.com and Kush Bohra, founder of Kushbohra.Com provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Kalyan Jewellers (CMP: Rs 412.75)
Gorakshakar: Hold
- Demand is strong.
- Gold jewellery business will do well.
- Stay invested for 12-15 months.
- Can average the stock if you have surplus money.
Bajaj Auto (CMP: Rs 9,994)
Gorakshakar: Wait And Watch
- Buyback is positive for the company and the market.
- Willl improve ROE and earnings growth.
- Size and price of buyback will determine the trend.
- Need to see strong numbers from it.
- Wait for the final details to come.
Siemens Energy India (CMP: Rs 3,278)
Bohra: Hold
- Continue holding on to it.
- Golden crossover of 20-day and 200-day moving average coming up.
- If that happens, the stock will zoom to Rs 3,650 levels.
- Suggest a trailing stoploss at Rs 3,150 levels.
Max Healthcare Institute (CMP: Rs 993.05)
Bohra: Hold
- Stock in a downward sloping channel.
- Trying to find support near Rs 835-Rs 940 zone.
- Break out could fizzle out if it doesn't cross Rs 1,000 levels.
- Enter the stock at Rs 980.
- Stoploss at Rs 950.
- Targets at Rs 1,025-Rs1,060.
Eternal (CMP: Rs 247.03)
Bohra: Hold
- Not very constructive outlook.
- Keep a tight stoploss at Rs 235.
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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