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Ask Ajit: Stocks to buy, hold, sell

By AJIT MISHRA
January 13, 2021 08:54 IST
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'When you say hold for long term, what is the general average duration should we hold?'

Illustration: Uttam Ghosh

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:

  1. HDFC Bank - 117 @ Rs 850.83 - Hold
  2. IDFC First Bank - 431 @ Rs 35.26 - Exit
  3. Tata Consumer Products - 60 @ Rs 488.55 - Hold
  4. 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:

S.No Stock Name Qty Avg Buy Cost Suggestion(Buy/Hold/Sell)
1 Adani Enterp. 100 244.72  Hold
2 Adani Green 175 496.1  Exit
3 Alok Industries 300 35.15  Exit
4 Federal Bank 2000 53.25  Exit
5 Future Retail 200 137.42  Exit
6 HDFC Bank 100 1106.39  Hold
7 I D F C 600 27.13  Exit
8 ICICI Bank 150 377.24  Hold
9 Infosys 100 990.72  Hold
10 ITC 450 197.22  Hold
11 Reliance Industr 225 2215.22  Hold
12 St Bk of India 500 204.4  Hold
13 TCS 25 2287.09  Hold
14 Tech Mahindra 100 766.39  Hold
15 Vodafone Idea 1500 12.88  Exit
16 Yes Bank 10500 16.23  Exit if not under lock in

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.

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