Should you hold shares of InterGlobe Aviation Ltd.? Should you add shares of Infosys Ltd. at the current market price? Have you lost the chance to buy shares of Tata Motors Ltd. at an attractive price? Is it the right time to exit State Bank of India?
Kunal Rambhia from The Streets and Prashanth Tapse, senior vice president at Mehta Equities, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
IDBI Bank (CMP: Rs 98.2)
Rambhia: Buy
Overall formation on the stock has been sideways consolidating since June.
Muted up move of the counter.
Add with a stop loss of Rs 90 levels.
One can definitely accumulate the counter.
InterGlobe Aviation (CMP: Rs 4,857.5)
Rambhia: Buy
To be honest, after this chaos, the counter has come down significantly.
From those Rs 6,200 levels, now are near Rs 4,600.
Counter looks very attractive.
Clear buy with stoploss of Rs 4,500.
Upside can be till Rs 5,500 to Rs 6,000.
Thangamayil Jewellery (CMP: Rs 3,888.2)
Rambhia/Tapse: Sell Partially
Don't advise a fresh addition at this time.
Should be some kind of profit-booking attempt with at least 50% from the current levels.
Or trail your stop losses to Rs 3,700.
Can be the two ways to hold the stock in the short term.
Infosys (CMP: Rs 1,654.4)
Rambhia: Hold
Betting on the large-cap counters.
Today also, it was trading at Rs 1,650, day's high.
Hold for long term with a stoploss of Rs 1,550.
Tata Motors (CMP: Rs 434.85)
Tapse: Hold
Making all-time highs.
CV cycle is creating good earnings visibility.
Continue to hold at this point of time
Adding more at this time is highly recommendable.
State Bank of India (CMP: Rs 1,028.65)
Tapse: Buy
Good stuck right now.
Great company to accumulate.
Going forward the consumption story will be more on the spending cycle of the credit card.
SBI credit card can be the best stock at this point of time.
ITC (CMP: Rs 324.75)
Tapse: Hold
Continue to hold and add more at this point of time.
I think the taxation will always hit this sector.
Accumulate this at Rs 320-310.
Angel One (CMP: Rs 2,531.9)
Tapse: Hold
Stoploss should be anywhere around Rs 2,350 on a short-term basis.
Very positive on this stock and sector as well.
Can hold the stock.
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.
Also Read: Trade Setup For Jan. 22: Nifty Downtrend Likely To Continue, Key Support Zones At 25,000-24,950
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