Should you add shares of Mahindra & Mahindra Ltd.? Should you hold shares of Laurus Labs Ltd. at the current market price? Have you lost the chance to buy shares of Wareee Energies Ltd. at an attractive price? Should you sell shares of Hero MotoCorp. Ltd.?
Sachin Janardan Sarvade, Independent Market Expert and Nandish Shah, assistant vice president and research and advisory- PCG, Motilal Oswaal Financial Services, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Hero MotoCorp (CMP: Rs 5,235)
Shah: Buy
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
- Buy at these levels with target price of Rs 6,000.
Vishal Mega Mart (CMP: Rs 100.97)
Shah: Buy
- Buy with a target price of Rs 165.
- With 12-18 month perspectvie.
Waaree Energies (CMP: Rs 2,501)
Sarvade: Sell
- Structure is weak.
- No trend, momentum or structure.
- Recommend to exit.
Mahindra & Mahindra (CMP: Rs 3,070)
Shah: Buy
- Tractor growth likely to be in high single digits.
- Buy for long term.
- Makes sense to enter at these levels.
- Targets at Rs 4,200.
Creditaccess Grameen (CMP: Rs 1,416.50)
Sarvade: Wait And Watch
- Till the time it is trading above Rs 1,229 levels it can level.
- Can buy above Rs 1,470 levels.
- Right now, we need some clarity.
Laurus Labs (CMP: Rs 1,905.50)
Shah: Sell
- Better to remain on the sidelines on these counters.
- Piramal Pharma or Biocon makes sense at these levels.
- Book partial profits if not fully at these levels.
ALSO READ: Trade Setup For Sept 17: Will Nifty Rebound Towards The 23,500-Resistance Zone?
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.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
