Buy, Sell Or Hold: Bajaj Finance, BHEL, TCS, Tata Motors PV And KPI Green Energy — Ask Profit

Expert outlook: Insights on Bajaj Finance, BHEL, TCS and other stocks from NDTV Profit's Ask Profit' show.

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Kunal Rambhia and Vinit Bolinjkar provided insights on an array of investor queries.
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Summary is AI-generated, newsroom-reviewed
  • Bajaj Finance shares have declined with strong support at Rs 850; hold with stop-loss.
  • BHEL shares remain rangebound; investors advised to hold without averaging down.
  • KPI Green Energy has strong support at Rs 335; holding may lead to targets of Rs 400-420.
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Should you add shares of Bajaj Finance Ltd.? Should you hold shares of Bharat Heavy Electricals Ltd. at the current market price? Have you lost the chance to buy Tata Consultancy Services Ltd. stock at an attractive price?

Kunal Rambhia, fund manager and trading strategist at The Streets, and Vinit Bolinjkar, head of research, Ventura Securities, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

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Bajaj Finance (CMP: Rs 893.65)

Rambhia: Hold

  • The counter has declined from Rs 1,050 to Rs 900.
  • Short term trend is definitely negative.
  • On the lower side, Rs 850 is a strong support
  • Hold for long term with stop-loss at Rs 850.

BHEL (CMP: Rs 255.75)

Rambhia: Hold

  • Hold on to the position.
  • Don't average out at this level.
  • Counter is absolutely rangebound.

KPI Green Energy (CMP: Rs 363.70)

Rambhia: Hold

  • So far, the stock has not fallen below Rs 335 mark.
  • Strong support at Rs 335.
  • If the stock manages to hold this support, it will reach targets of Rs 400-Rs 420.

Tata Motors Passenger Vehicles (CMP: Rs 336.25)

Boljinkar: Buy On Dips

  • Issues are going to persist for some time.
  • Better off buying gradually as price lowers and average out.

Tata Consultancy Services (CMP: Rs 2,464.90)

Rambhia: Sell

  • Counter is already in the oversold trajectory.
  • Still, there is no consolidation seen on the charts.
  • Clear exit from a short-term perspective.

Shriram Finance (CMP: Rs 1031.70)

Boljinkar: Hold 

  • Hold on to this stock, as it is likely to perform strongly going ahead.

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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