Should you add shares of Vedanta Ltd.? Should you hold shares of Mazagon Dock Shipbuilders Ltd. at the current market price? Have you lost the chance to buy Kotak Mahindra Bank Ltd stock at an attractive price?
Chokkalingam G, founder of Equinomics Research Pvt., and Osho Krishan, chief manager-technical and derivative research at Angel One, provided insights on these investor queries and more on NDTV Profit's Ask Profit show.
National Aluminium Co Ltd (Nalco) (CMP: 351.9)
Chokkalingam: Hold at CMP
- Metals are not for long term to hold.
- Extremely cyclical
- Not a great long-term hold
Vedanta (Rs 666)
Chokkalingam: Sell
- Stock has played out, grew more than double
- Sell if the stock rises
Kotak Mahindra Bank (CMP: Rs 419.85)
Osho: Hold or accumulate at CMP
Private sector bank looking positive.
Possibility of decent movement
Rs 430 is first resistance zone, if surpasses, can see bullish movement.
Mazagon Dock Shipbuilders (CMP: Rs 2,370)
Chokkalingam: Hold at CMP
Demand for ship building will definitely increase.
Can give decent returns for three–four years.
Zensar Technologies (Rs 634.95)
Chakri: Continue to accumulate
- IT sector under pressure because of Anthropic.
- Think Future of IT is good.
- Stock would be volatile.
Rapid Fire by Chokkalingam G and Osho Krishan
- Zee Entertainment: Hold with a strict stop loss of Rs 84
- Firstsource Solutions Ltd: Hold
- REC: Hold
- MCX: Buy for short term, with strict stop loss at Rs 2,200
- Data Patterns (India) Ltd: Hold
- ABB India: Hold for long term.
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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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