Should you add shares of TVS Holdings Ltd.? Should you hold shares of Can Fin Homes Ltd. at the current market price? Have you lost the chance to buy Transformers and Rectifiers (India) Ltd. (TARIL) at an attractive price?
Sachin Janardan Sarvade, AVP Derivatives, Retail Research and Radha Raman Agarwal, Managing Director and CEO, Swyom Advisors Limited provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
SBI Life Insurance Company Ltd. (CMP: Rs 1,914)
Sachin: Hold
- Stock is in downturn, has good bounce from bottom.
- Has given 15% return. Bearish candle today.
- Hold with a stop loss of Rs 1,878.
CG Power and Industrial Solutions Ltd. (CMP: Rs 808.00)
Sachin: Add at CMP
- Bullish pattern for the stock.
- Can add at current levels.
- Target price Rs 875, Rs 992 which are the pattern target for 6 months.
TVS Holdings Ltd. (CMP: Rs 14,698)
Radha Raman: Avoid
- Holding companies always have a discount, avoid such set-ups.
- However, TVS holding can be good in long-term.
- But holding discount will always apply.
- Avoid holding companies but incase, want to invest, TVS Holdings is good.
Can Fin Homes Ltd. (CMP: Rs 886)
Radha Raman: Hold
- Expecting good numbers from the company.
- Stick to the particular scrip and let the positions roll over.
- Hold the stock.
Transformers and Rectifiers (India) Ltd. (TARIL) (CMP: Rs 335)
Sachin: Hold with a very strict stop loss.
- Base formation has happened in the stock.
- Stock has a negative trend
- Support for the stock is Rs 306. Stop loss for the stock is 279
- See if the stock sustains over Rs 346 levels.
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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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