'I have only basic knowledge that I have gained recently watching YouTube videos.'
'Should I stop investing since I am still new to this market?'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Girdhar Gopal: I am having following stocks, seek your advise to hold/sell/add
Ajit Mishra:
1. Itc- Hold
2.Irtc- Hold
3.Avanti feeds – Hold for atleast 2-3 years
4.Exide- Hold
5.Indusind bank @1500- Exit
6.Network 18 @50 - Exit
7.Bajaj Finance @3417 - Hold
8.Tech Mahindra - Hold
Sumit Dhar: I have 1300 quantity @15rs of Future Consumer, so should i hold or sell the stock? And is it good to buy M&M fin stock now at 153 rs/share for long term at least for 4-5 years.
Ajit Mishra: Exit Future Consumer, and yes one can Buy M&M Finance
Rohit Dubariya: Should i invest all my money (85%) SBI, ONGC. How many month it will take /or best time to invest it?
Ajit Mishra: Both stocks are good, but diversify your portfolio.
Anil Joshi: I am holding (1) KCP Sugar 1000 share & (2) Orient Paper 1000. What should I do?
Ajit Mishra: Exit
ABHASH RAJ: I am from Patna. I am holding the following shares. Sir, I thought of keeping these shares for 10 years. Sir please help me to identify which shares i have to keep and which i have to sell?
Also please suggest any share recommendation. I am a small Investor and can invest 10k per month. I want to make a huge corpus in 10 to 15 years. I can take risks so please suggest the shares that can make me rich. I request u this.
Ajit Mishra:
Deltacorp-5 - Hold
Inoxleisure-6 - Hold
Ircon-5 - Hold
Itc-9 - Hold
Ongc-7 - Hold
Relaxo-1 - Hold
Reliance-1 - Hold
Southbank-10 - Exit
Trident-100 –EXIT
YesBank-10 – Risky bet, exit below Rs. 10
Ashoka Buildcon-10 - Exit
Ashok Leyland-20 - Hold
Banco India-3 - Exit
Dabur-1- Hold
Deepak Nitrite-1 - Hold
Fortis-5 - Exit
Hdfc Bank-1 - Hold
Hdfc Life-1 - Hold
Icici Bank-3 - Hold
Igl-2 - Hold
Infosys-3- Hold
Iocl-8- Hold
Nalco-15- Hold
Rec Ltd-5- Hold
RVNL-10- Hold
Harpreet Singh Kalra: One advise plz required. I have 2000 IDFC First Bank shares @42/-. I can hold for long term too. Please give your expert advice on this stock.
Ajit Mishra: Exit the stock
Rahul Gao: sir I'm a student and save an amount of 25 000 and I want to start investing rather than keeping on saving account. I have already invest in. I still have 15k left and I want to invest further in the above company on dip or some new company. This is my first time investing and I have only basic knowledge I gain recently watching YouTube videos. Should I stop investing since I am still new to this market or if not what will be a good suggestion for future times?
Also you can add Reliance Industries and ICICI bank.
Ajit Mishra:
Astral polyteknic 2 share@945.6 each
Ashok Leyland 10 share@50.85 each – Add more at around 55.
HUL 2 share@2248.6 each - Hold
Itc 5 share@193.7 each –Hold, can add more
Tata motor 2 share@104.95 each – Hold for atleast 2-3 years
NTPC 10share@87.45 each - Hold
The Indian Hotel company 8 share@80 each - Hold for atleast 2-3 years
Sbi 2 share@191.65 each - Hold
M&m finance service 10 share @134 each (for right issue) - Hold
Sachin Patel: Please share your views on following stock. Should buy, add or sell at current levels?
Ajit Mishra:
1. NBCC – Exit
2. SOUTH INDIAN BANK - Exit
3. KEI – Hold, can buy
4. NETWORK 18 - Exit
Sriram: Pls advise for the below. I can hold for more than 5 years. Whether should i average, sell or hold?
Ajit Mishra:
Aditya Birla capital @93, 1000 shares – Hold for atleast 2-3 years
Appolo tyres@197. 300 shares - Hold
Ashokleyland@87, 1000 shares- Hold
Dilip buildcon,@532, 180 shares -Exit
Force motor@1430, 20 shares - Exit
HCC @ 14.50 500shares - Exit
Jindal hisar@93, 200 shares - Hold
jyotilab@188, 100 shares- Hold
L&T finance@121,1000 shares- Hold
PNB housing finance@1181, 30 share - Exit
Rain industries@116, 200 shares - Exit
sterlite@160, 500 shares- Hold
sunpharma @439, 200 shares- Hold
Tata motors@232, 250 shares- Hold for atleast 2-3 year
Wockhard@383, 70 shares - Exit
Yes bank@70, 2000 shares – Risky bet, exit below Rs. 10
Zentechnology@90, 1000 shares - Reduce
IRCTC @1200, 50 shares- Hold
Interglobal@1010, 50 shares- Hold
Spicejet @53, 500 shares- Hold
Indranil Basu: I want to invest Rs 200000 in a stock. Please suggest me some stocks for 15 to 20 years.
Ajit Mishra: Reliance Industries (on dips), ICICI Bank, Axis Bank, Britannia Industries, Maruti, Dabur, Havells, L&T, Bharti Airtel and M&M
Suresh Bahrani: would like to know your opinion on:
Ajit Mishra:
JSW STEEL@400 - Hold
VEDANTA@350 - Hold
PFC@250 - Hold
POWER GRID@120 - Hold
REC@80 - Hold
SIEMENS@20 - Hold
PVR@25- Hold
ABB@10- Hold
Swaminathan J: I have 1000 City Union Bank Shares @ 125. What is your view on that?
Ajit Mishra: Exit the stock
Biju P A: Please advise me about the share TATA MOTORS. I have been holding this share for many years and incurred huge losses. Can you suggest, I should sell or hold?
Ajit Mishra: Hold for atleast 2-3 years
Ankit Jain: Please give your opinion on following stocks for the short term:
Ajit Mishra:
1. Zee entertainment bought@190 - After a decent correction from the top, ZEEL has been rebounding for past couple of days and this momentum may extend further. Upside Resistance is at 210 and next at 230
2. Minda corporation bought@64 - It has witnessed a decent rebound of late and currently reached closer to its resistance zone of 200 EMA on daily chart. Sustainability above this level would further leads to rise in price.
3. Ashok Leyland bought@56 - It has posted a fresh breakout of late and looks strong on the short-term chart. Support is at 60.
4. Shalby bought @ 71.6: Post breakout from its trading range, it has witnessed a marginal dip of late. For long position, one can hold with strict SL at 80.
5. Dalmia Bharat sugar bought@116 - It’s extremely strong on the short chart. It’s gradually inching higher towards the northward direction with marginal dip in between .Upside it has the potential to test 150 + mark. Support is at 128.
Amit Bansal: I have below stocks, Please guide me what should i do with these. I am fine with holding for 6 months to 1 year.
Ajit Mishra:
V R Bhat: I have the following shares. kindly advise whether to hold or sell.
Ajit Mishra:
1. 250 Tata motor @ Rs 230 – Hold atleast for 2-3 years
2. 300 Motherson Sumi @ Rs 140 – prefer Subros
3. 200 V.A.Tech Wabagh @ Rs 500 - Exit
4. 250 Sun Pharma @ Rs 600 - Hold
5. 110 Axis bank @ Rs 440 - Hold
Rohit Singh: I have shares of these stocks. I am a long term investor and can hold for 5 yrs at least. Your views on my above stock holdings please.
Ajit Mishra:
vip @ Rs. 273 - Hold
Havells @ Rs. 523 - Hold
Bandhan bank @ Rs. 260 - Exit
Godrej Consumer Product @ Rs. 625 - Hold
L & T @ Rs. 1100 - Hold
Gillette @ Rs. 6600- Hold
Ttk Prestige @ Rs. 5700- Hold
Pranab Moitra: I PURCHASED NINE MONTHS BACK
Ajit Mishra:
200 HPCL@ 225- Hold
100 L&T @1565- Hold
TWO MONTHS BACK
50 L&T @ 860 (FOR AVERAGING) - Hold
Azhar: Please have look at my portfolio below and share your guidance on hold or sell. Thanks in advance!
Ajit Mishra:
Cupid x 30 @213 - Reduce
Coromandel x 7 @781 -- Hold
Cummins x 18 @388- Hold
Marico x 30 @353- Hold
Paperprod x 15 @215 - Exit
Siemens x 9 @1173 - Hold
Goldbees x 200 @42- Hold
KotakGold x 30 @429- Hold
Sovereign Gold bonds x 5 @454 0- Hold
Rajesh Khanna: I have Kotak Mahindra Bank stock avg buying price 600. I have a horizon of 1 year. Shall I hold or exit?
Ajit Mishra: Hold
Kanak Banavali: I have:
Ajit Mishra:
Ramky: 500 quantity - Exit
MahindCIE: 100 quantity - Hold
FederalBk: 1000 quantity - Hold
LNT: 60 quantity - Hold
Cyient: 100 quantity- Hold
Indoco Remedies: 100 quantity - Exit
Aarti Industries: 50 quantity- Hold
Vaibhav Sawhney: I would like to get some prudent advice on my portfolio. Kindly take a look at it and share your opinion. Please advice, I can hold for an year.
Ajit Mishra:
# ITC ltd. @205 -- 100 Shares- Hold
# Vinyl ltd @97 -- 300 sharesExit
# Alok industries @10 -- 500 shares - Exit
# Rbl bank ltd. @195 -- 200 shares - Exit
# Mold tk Pac@211.50 -- 100 shares - Hold
# Zensar tech @144 -- 160 shares- Hold
# Kalpataru power@245 -- 100 shares- Hold
Sapna Ludhani: I hold 1000 shares of Alok industries @ 59 and have 50 % loss right now. Should I sell or hold? I'm in no hurry. Does it have food future prospects?
Ajit Mishra: Exit the stock
Somnath Nag: I am a long term investor. i hold federal bank @50, jk paper @100, himadri speciality chemical @50 iol chemicals @167. What will be the target price for these shares over a 2 year horizon?
Ajit Mishra: Hold IOL chemicals, rest exit the stock.
Ankit Neema: I am holding 2000 shares@94 rupees of Ashok Leyland. What should I do? Also, I have 92 shares@830 rupees of Tech Mahindra. What should I do?
Can you suggest similarly priced good shares that can meet my target price in lesser time?
Ajit Mishra: Hold both the stocks. Can average half 5-8% correction in these stocks. Also, one can invest in Dabur, HUL, Britannia Industries, and M&M as well which can outperform in the near term.
Nakul Shivani: Kindly advise on following stocks:
Ajit Mishra:
1. Unitech@1.78 - Exit
2. Alok industries @3.20 - Exit
3. Glenmark@476 - Hold
4. Container corporation@456 - Hold
5. Rail vikas nigam@20.40 - Hold
RAHUL ANAND T: I am holding Superhouse @ Rs.90. When I checked the fundamentals it seems a good one and I don't know why it is not moving forward like other stocks? Should I hold it for a long term?
Ajit Mishra: Exit the stock
Please mail your questions to getahead@rediff.co.in with the subject line 'Stock Market Query', along with your name, and 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.