- Bharat Heavy Electricals Ltd is advised to be held with a trailing stoploss at Rs 400
- Hyundai Motor India Ltd is holding well with support at Rs 2,100 and upside to Rs 2,400
- Coforge shares should be held after a strategic shift, averaging down is not recommended
Should you add shares of Bharat Heavy Electricals Ltd.? Should you hold shares of Hyundai Motor India Ltd. at the current market price? Have you lost the chance to buy shares of HDFC Bank at an attractive price? Should you sell shares of Bharat Electronics Ltd.?
Jatin Gedia, vice president - technical research at Teji Mandi Investment Technologies and Jash Shah, Fundamental Research Analyst, Latin Manharlal provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Bharat Heavy Electricals (CMP: Rs 429.20)
Gedia: Hold
- Overall trend is still positive.
- Continue to hold.
- Keep trailing stoploss at Rs 400.
Hyundai Motor India (CMP: Rs 2,160)
Gedia: Hold
- Not falling in this overall decline that we have seen.
- Overall structure is remaining positive.
- Crucial support at Rs 2,100.
- Continue to hold.
- On the upside we are expecting Rs 2,340-Rs 2,400.
Coforge (CMP: Rs 1,793)
Shah: Hold
- They had to make a shift and they made a shift.
- Don't think one should average it.
- Definitely hold on to the stock.
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HDFC Bank (CMP: Rs 713)
Shah: Hold
- We might hike the rates in the coming Monetary Policy.
- Recent liquidity factor coming into the picture, may see good credit growth.
- Very good risk-reward.
- Will be rewarded in a few months.
- Coast is clear for the next few months.
Raymond (CMP: Rs 978.20)
Shah: Buy/Sell/Hold
- Let it dip further, then buy
BEL (CMP: Rs 395.45)
Shah: Wait And Watch
- Positive for the longer term.
- Wait some time before taking a call.
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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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