Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 01, 2017

Buy, Sell Or Hold: Bharat Forge, Reliance Defence, Rain Industries, Tata Power? #AskBQ 

#AskBQ | Expert Advice On Gufic Biosciences, Rain Industries and Tata Power.

Buy, Sell Or Hold: Bharat Forge, Reliance Defence, Rain Industries, Tata Power? #AskBQ 
A monitor shows stocks rallying while a trader talks on a phone on the trading floor. (Photographer: Vivek Prakash/Bloomberg)

#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, Sameet Chavan, chief analyst (technical and derivatives) at Angel Broking and Sandeep Jain, director at Tradeswift Broking gave their views on Reliance Defence, Rain Industries, Tata Power and many more.

Watch the conversation

Edited excerpts from the conversation:

Amol Wagh: I want to invest in Tata Power and Gufic Biosciences with a two-year view. Please suggest.

Sandeep Jain: I would recommend you to invest in Tata Power. I have no view on Gufic Biosciences.

Swati: I want to invest in the market with 15-year view. Please suggest.

Sandeep Jain: I would recommend you to go with mutual funds or systematic investment plans. I prefer certain sectors like FMCG and companies like Tata Motors, Tata Steel and Reliance Industries.

John OC: I bought 2,000 shares of Reliance Defence at Rs 58 with a three-month view. Should I hold or sell?

Sameet Chavan: I would recommend you to hold on to the stock with a stop-loss at Rs 48.

Harsh: I want to invest in Ujjivan Financial, RBL Bank and Manappuram Finance with a long-term view. Please suggest.

Sandeep Jain: I find Manappuram Finance the most attractive among these stocks.

Akash Aggarwal: I bought 965 shares of Sintex Industries at Rs 92 with a one-year view. Should I hold or sell?

Sandeep Jain: I would recommend you to hold on to the stock.

Bhabani Shankar Behera: I bought HEG and Graphite India at Rs 1,567 and Rs 498 with a six-month view. Should I hold or sell?

Sameet Chavan: I would recommend you to hold HEG with a strict stop-loss at Rs 1,600 and Graphite India with a stop-loss at Rs 480.

Anil Salaria: What are your views on Rain Industries with a one-year view?

Sandeep Jain: I recommend you to book profits.

Vishal Jain: I bought 319 shares of Indian Oil at Rs 436 last week. Can I hold on for one more week?

Sameet Chavan: I would recommend you to hold with a stop-loss at Rs 405.

Aditya Swaroop Joshi: I want to invest in Bharat Forge with a two-year view. Is this the right time to invest?

Sandeep Jain: You can buy on dips.

Avinash Pandey. I want to invest in REC with a three-month view. Is this the right time to enter the stock?

Sameet Chavan: You can buy on dips.

Here's how you can get your queries answered:

  • Tweet us your using #AskBQ
  • WhatsApp us on +91-8291229686
  • Call us on 022-45404141
  • Email us on askbq@bloombergquint.com

Analysts' Disclosure:

Both the analysts do not hold any stocks that were discussed in the show.

Disclaimer: The commentary on BloombergQuint represents the view of external experts. Investors are advised to consult a certified financial advisor/planner when making any investments. No views shared on a BloombergQuint program or story or conversation should be construed as personal advice.

Quintillion Business Media Pvt. (BloombergQuint) is not responsible for any risk or loss that might occur as a result of using this information in any way, regardless of your interpretation of the advice.

BloombergQuint's digital and social media platforms provide views of only SEBI registered investment advisors/analysts.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com