'When you say hold for long term, what is the general average duration should we hold?'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Shrinivas: Please suggest whether following stocks need to be hold / exit or add?
Ajit Mishra:
HDFC Bank - Hold
SBI Bank- Hold
Infosys- Hold
Vodafone-Idea - Exit
HUL - Hold
When you say hold for long term, what is the general average duration should we hold? When you say hold for short term, what is the general average duration should we hold?
Ajit Mishra: Long term is anything more than 1 year ideally 2-3 years. And short term is from 3-12 months.
Which are the good stocks do you suggest to go and buy for short term if you have a liquid cash of around 25-30K?
Ajit Mishra: For short-term, one can accumulate stocks like SUNPHARMA, HINDUNILVR, DABUR, ICICIGI, EICHERMOT.
Rest, for further updates, we would suggest you to follow our real time live calls as well as news-letters recommendations.
Ranganath Bhartur: What is your recommendation on following:
Ajit Mishra:
CDSL - Hold
ABB- Hold
GATEWAY DISTRIPAC - Avoid
BDL - Hold
uday dasgupta: your wise opinion, please, on short & long term prospects of -
Ajit Mishra: GMR Infrastructure limited & GVK Power & infrastructure Ltd – Avoid both these stocks.
Harikrishna Avvaru: I am invested with strong conviction in the following stocks for long-term horizon i.e, for next 3-4 years. please give your valuable advice.
Ajit Mishra:
1. Godrej agrovet@415 1000 nos - Hold
2.SMLIsuzu@590 500 nos - Exit
3.Safari indi@390 449 nos- Hold
4.ABB india@890 210 nos- Hold
5.MahanagarGas@925 175 nos- Hold
6.FredunPahrma@220 800 nos - Exit
7.IDFCFirstBank@33 7000 nos- Exit
8. Westlifedev@390 300 nos - Hold
9.Kotakmahindrabank@1304 276 nos - Hold
10.Mahindraholidays @175 500 nos- Hold
11.Kaya @415 925 nos - Exit
12.LICHFL@309 500 nos ( for shortterm benefit) - Exit
13.JPassociates @4.8 35000nos - Exit
14.GVKpower@9 30500 - Exit
I am also invested in the following stocks as value buys, but not decided to stay long, awaited for further clarity on my investment.
Ajit Mishra:
1.SHkelkar@80 1100- Hold
2.Greavescotton @78 1750 - Exit
Vijay Anand: I'd like to seek your advice on the following stocks that I currently hold:
Ajit Mishra:
- HDFC Bank - 117 @ Rs 850.83 - Hold
- IDFC First Bank - 431 @ Rs 35.26 - Exit
- Tata Consumer Products - 60 @ Rs 488.55 - Hold
- Tata Metaliks - 100 @ Rs 497.40 - Hold
I'm also planning to invest long term as a SIP in Dabur, Ultratech and L&T. Can you provide your views please?
Ajit Mishra: Yes one can continue with SIP.
Subbiah Murugan: Can you please advise for my below portfolio. I am accumulating these stocks month on month basis.
Ajit Mishra:
Aditya Birla Fashions @199.5/ - 80 Nos - Exit
Amarajaa @610 - 26 Nos - Hold
Avenue supermarket@2015 - 2 Nos - Hold
Ashok Leyland@84.23 - 263 Nos- Hold
Ashoka buildcon @ 98 Nos -Exit
bank of Baroda@116.63 -- 40 Nos-Exit
Future consumer@ 30.20 -355 Nos-Exit
GMR Infra@20.62 - 259 Nos-Exit
HDFC @1892 - 5Nos - Hold
Indian Hotels@132.33 - 98 Nos - Hold
Infosys@771 - 24 Nos - - Hold
Interglobe aviation@1100 - 20Nos-Exit
IOC@129.04 - 77 Nos- Hold
ISGEC@253 - 60 Nos - Exit
Jamna auto@51 - 10 Nos - Hold
Kalpataru@255 - 25 Nos - Hold
Mahindra and Mahindra@666 - 20 Nos - Hold
Navneet@96 - 60 Nos - Exit
Petronet LNG@233 - 47 Nos - Hold
Power finance@104 - 72 Nos - Exit
Reliance industries@977 - 5 Nos - Hold
Siemens@1150 - 5 Nos - Hold
Subros@173 - 100 Nos - Hold
Tech Mahindra@683 - 20 Nos - Hold
Voltas@556 - 21 Nos - Hold
Westlife@371 - 28 Nos - Hold
Yes Bank@16.25 - 350 Nos – Exit if not under lock in
Pidilite@1445 - 15 Nos - Hold
ITC@182 - 67 Nos - Hold
Supriya Prabhu: I am 37 yrs wish to invest in share market. this is totally new for me to understand to invest in market. can u pls advise me how much i have to invest initially for short term investment? Is intra trade option good to earn quick profit?
Ajit Mishra: We would recommend to stick to long term investment and focus only on blue chip companies.
Prasad Deshpande: I hold the following. Please suggest, if I should continue investing or exit.
Ajit Mishra:
Cadila healthcare 10@388 - Hold
Coal India 30@137 -0 Exit
IOC 70@104- Hold
RBL Bank 10@298- Hold
SBI Card 45@659- Hold
TAKE 130@60- Exit
UPL 16@533 - Exit
Naveen Arora: I want to ask on the following stocks:
Ajit Mishra:
Bajaj Finance 10 3744.65 - Hold
Castrol 302 187.11- Hold
CPSETF 732 21.15- Hold
CPSETF 184 16.41- Hold
GIC 32 433.50- Exit
HDFC AMC 9 3,238.54- Hold
HDFC Life Insurance 81 312.51- Hold
ICICI BANK 35 306.37- Hold
ICICI Prudential AMC 186 410.39- Hold
ITC 162 227.98- Hold
Kotak Mahindra Bank 2 1,089.46- Hold
L&T Finance Holdings 57 72.09- Hold
L&T 100 754.42- Hold
NTPC 94 115.56- Hold
SBI 99 221.70- Hold
Titan Industries 19 1169.66- Hold
USL 5 531.45- Hold
sudhir gopal nair: Please note i am holding stocks as per below and advise whether to Buy, Sell or Hold:
Ajit Mishra:
Jain Irrigation Systems Ltd - 70 @ 132.49 - Exit
Maruti Suzuki - 2 @ 8903- Hold
Ashok Leyland - 436 @ 62.94- Hold
Yes Bank - 300 @ 21.54 - Exit
Bank of Baroda - 60 @ 173.82- Exit
SBI - 20 @ 316 - Hold
Ajmera Reality - 20 @ 254 - Exit
HCC - 250 @ 36 - Exit
Jaiprakash Associates - 100 @ 24.94- Exit
Lypsa Gems - 100 @ 45.71- Exit
Infosys - 40 @ 472- Hold
Reliance - 20 @ 981 - Hold
Sintex Plastic - 100 @ 86.97 - Exit
Adani Power - 150 @ 37 - Hold
GVK Power - 400 @ 18 - Exit
Tata Power - 150 @ 86- Exit
Dish tv - 100 @ 77- Exit
Allcargo Logistics - 70 @ 173 - Hold
BLS International - 60 @ 245 - - Exit
Ashok Shelgaonkar: I am holding 100 shares of Bosch purchased long back. Had sold part at around Rs 23,000. But stock has nosedived subsequently and now around 13,400. What would be your advice now?
Ajit Mishra: Hold.
Santhosh Subas: Thanks for the suggestions & insights you have been providing on this platform. Besides I have the below stocks for at least a 3~5-year lock in period. Please suggest if I need to offload anything here so that I can invest in something else after the sell.
Ajit Mishra:
Illustration: Uttam Ghosh/Rediff.com
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.
