Should you add shares of Vedanta Ltd.? Should you hold shares of Coforge Ltd. at the current market price? Have you lost the chance to buy Varun Beverages Ltd.'s stock at an attractive price? Should you sell shares of Larsen & Toubro Ltd.?
CA Tapan Doshi, Research Analyst, www.catapan.in and Sachin Janardan Sarvade, Independent Market Expert, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
Vedanta (CMP: Rs 306.50 )
Doshi: Buy
- Weakest is Vedanta Iron And Steel out of all demerged entities.
- Vedanta Aluminium and Vedanta look good.
- Vedanta Power may go up slowly till the next quarter.
- Not too much sure about Vedanta Oil.
Bandhan Bank (CMP: Rs 213.76)
Sarvade: Sell
- Stock is in an uptrend on a daily basis.
- On a weekly and monthly basis is seeing a downtrend.
- Exiting it will be a good strategy.
Zydus Lifesciences (CMP: Rs 1,061.40)
Sarvade: Hold
- Trend is very strong on daily, weekly and monthly basis.
- Structure is also good.
- Can hold.
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Coforge (CMP: Rs 1,465.70)
Doshi: Buy
- Much better player than other stocks.
- Margins will still be an issue for the sector.
- Revenue guidance for the IT sector is not up to the mark.
Varun Beverages (CMP: Rs 544.05 )
Doshi: Sell
- Sell the stock on rise.
Larsen & Toubro (CMP: Rs 4,207.70)
Sarvade: Hold
- Hold the stock.
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