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Home  » Get Ahead » ASK AJIT: 'I am new to trading, need your advice'

ASK AJIT: 'I am new to trading, need your advice'

By AJIT MISHRA
December 08, 2021 08:55 IST
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'Can you please suggest a plan of investment for long term capital gain and regular income?'

Illustration: Uttam Ghosh/Rediff.com
 

Ajit Mishra, vice president, research, Religare Broking, answers your queries:


Akshat Jain: I am holding Bharat Gear @ Rs 125.88 avg price.

Also Gokul Agro @ Rs 43.55 avg price. 

Should I hold them further or exit these trades?

Ajit Mishra: Avoid both these companies.

 

Pravin Patel: Please give your opinion on:

Ajit Mishra:

Company Recommendation
GM Breweries Hold
Tribhovandas Bhimji Zaveri Avoid
GNFC Hold
Ganesh Benzoplast Avoid

 

Meena Mishra: I am new to trading and hold the following shares.

Also please guide in which stocks to invest for the long term.

Ajit Mishra:

Company No of shares Price Recommendation
Tata Motors 15 Rs 317 Hold
ITC 100 Rs 207 Hold
SAIL 470 Rs 125 Hold
IIFL Wealth 40 Rs 1,296 Hold
Edelweiss 620 Rs 93 Hold
Navbharat Ventures 520 Rs 163 Hold

 

B Sarkar: I am a new investor to Indian equity market.

I wish to invest Rs 50 lakh for the long term (for 3-5 years) and looking for high returns having very high risk appetite.

I have shortlisted some shares. Please advise where to invest with percentage.

  1. GAIL
  2. HPCL
  3. Hero Motocorp
  4. Ashok Leyland
  5. Tata Motors
  6. Amara Raja Batteries
  7. Apollo Tyres
  8. Bosch Ltd
  9. HCL Tech
  10. Affle
  11. Ramco Systems
  12. Zomato
  13. Airtel
  14. ICICI Bank
  15. Bandhan Bank
  16. SBI
  17. PNB
  18. India Cements
  19. Nouvoco Vista Cement
  20. Shyam Metallics
  21. Vedanta Ltd
  22. Aurobindo Pharma
  23. Indian Hotels
  24. Delta Corp
  25. HLV (Hotel Leela Venture)
  26. DLF Ltd
  27. Sobha Developers
  28. Prestige Estate Projects
  29. Titan
  30. HPL Electric Ltd

Ajit Mishra: Stocks are good, but we would recommend adding some bluechip names like Reliance Industries, Bharti Airtel, Dabur, HUL, Britannia Industries and M&M.

 

Yogesh Indoria: I have 12,000 shares of Yes Bank averaging Rs 62.

Please advise -- should I hold or exit this stock.

Ajit Mishra: It's better to stick with large banks like HDFC and ICICI.

 

Hari Prasad Vasamsetty: Kindly provide your view on the following stocks.

All are bought for short term target with 10 per cent expected gain.

So, in the current situation, should I hold or exit?

Company No of shares Price
JK Tyre 100 Rs 151
Bhartiya Iinternational 45 Rs 234
The Byke Hospitality 250 Rs 32
GP Petroleums 77 Rs 65
Donear Industries 180 Rs 56
Innovative Tech 598 Rs 21
Gokul Refoils 145 Rs 32
Pil Italica 1,300 Rs 8
Hind Rectifiers 32 Rs 61
Umang Dairies 60 Rs 82
Oswal Agro 580 Rs 18

Ajit Mishra: Except JK Tyre, exit all.

 

Harsh Nagamoti: Please advise for the below stocks. Should I hold for next two years?

Ajit Mishra:

Company No of shares Price Recommendation
Birlasoft Limited 50 Rs 323.04 Hold
SBIN 103 Rs 371.6 Hold
Ashok Leyland 200 Rs 125.55 Hold
Bank of Baroda 185 Rs 88.83 Hold
Kirloskar Ferrous Industries Limited 260 Rs 275 Hold
Jaiprakash Power Ventures Limited 500 Rs 6.28 Exit

 

Shrikant S: Sir I have the below portfolio which I have not touched in almost five years.

Please suggest which of these I should exit.

If you can suggest which can be invested in also, it would be great.

I am actually keen on trading on regular basis now since I lost my job.

I would like to exit as you suggest and use that for investment.

Ajit Mishra:

Company No of shares Recommendation
ALEPHA 40 Exit
BAAUTO 5 Hold
BALLAW 258 Hold
BANBAN 68 Hold
BANBAR 1 Hold
BIOCON 240 Hold
ETEEVE 90 Name not clear
HDFBAN 134 Hold
ICIBAN 105 Hold
IDFBAN 4 Exit
INDIBA 75 Exit
KOTGOL 306 Hold
KRBL 54 Hold
LARTOU 1 Hold
LICHF 13 Hold
LTFINA 80 Hold
MAHMAH 70 Hold
MINLIM 15 Exit
NIFJUN 192 Name not clear
PIRENT 20 Hold
POWGRI 403 Hold
RELIND 32 Hold
RELPP1 3 Hold
RURELE 120 Hold
SCI 25 Hold
SUNTV 32 Hold
SUPIND 33 hold
TCS 20 Hold
TECMAH 332 Hold
UJJFIN 64 Hold
WIPRO 40 Hold
YESBAN 75 Exit
CALS 2,000 Exit
RELCOM 10 Exit
RELMED 55 Exit
NETW18 1 Exit

 

Jitendra Lonkar: I have 135 shares of General Insurance at an average price of Rs 269. I can hold for long term 5+ years. Please advise.

Same on Suryoday Small Finance, 70 shares at Rs 274.

Ajit Mishra: Exit both.

 

Vijay Sharma: Please can you advise if I can keep the below shares for a long time.

Company No of shares Price
Ashok Leyland 1,200 Rs 82
Eicher Motors 7 Rs 2,550
HDFC Bank 37 Rs 1,565
ICICI Bank 73 Rs 680
PNB 400 Rs 36
SBI 233 Rs 270
BirlaSoft 36 Rs 399
HCL Tech 50 Rs 1,100
Lupin 96 Rs 1,224
AuroPharma 25 Rs 690

Ajit Mishra: Except PNB, hold all.

 

Bijay Muduli: I am 36 years old, working in a reputed MNC IT company, having 14 years of IT experience.

I have invested in stocks since 2019 and have the following portfolio.

Can you please suggest a plan of investment for long term capital gain and regular income?

Company No of shares Price
ADANIPORTS 24 Rs 750
BAJAJFINSV 1 Rs 9,200
COAL India 100 Rs 145
DMART 12 Rs 2,100
EICHERMOT 20 Rs 1,938
GLAND 6 Rs 1,836
HDFCBANK 41 Rs 1,110
HAPPSTMNDS 21 Rs 1,107
INFY 17 Rs 1,042
IOB 450 Rs 28
IPL 50 Rs 360
IRCTC 23 Rs 1,373
NALCO 211 Rs 76
ONGC 160 Rs 99
RELIANCE 30 Rs 1,346
RELIANCEPP 12 Rs 1,344
Rolex Kings 10 Rs 1,200
ROSSARI 30 Rs 708
SAIL 157 Rs 100
SBICARD 17 Rs 777
TCS 22 Rs 2,168

Ajit Mishra: Keep holding the above stocks for long term. You can replace Coal India with ICICI Bank.

Look to add to these on corrections as well.

 


Please mail your questions to getahead@rediff.co.in with the subject line 'Ask Ajit', along with your name, and Mr Ajit Mishra will offer his unbiased views.

Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.

Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.

Feature Presentation: Ashish Narsale/ Rediff.com

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